World Bank: Improved effectiveness of spending in Indonesia can boost growth in 2017
Indonesia’s reforms to fiscal policy and the investment climate are expected to boost the economy—projected to grow at 5.3 percent in 2017—according to a new World Bank report released on January 17.
Reforms Needed to Rebalance Finance in the Western Balkans, Says New World Bank Report
Policymakers in the Western Balkans should rebalance their financial sectors to encourage long-term growth in the region, says a new World Bank report. According to Risks and Returns: Managing Financial Trade-Offs for Inclusive Growth in Europe and...
IMF Executive Board Concludes 2016 Article IV Consultation with the Republic of Estonia
On January 9, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Estonia.
U.S.- EU Negotiations for a Bilateral Agreement on Insurance and Reinsurance Measures
“U.S. and EU representatives are pleased to announce the conclusion of successful negotiations on an agreement that will ensure ongoing robust insurance consumer protection and provide enhanced regulatory certainty for insurers and reinsurers...
Swaziland to Scale-up its Capacity to Improve Service Delivery
The Government of Swaziland’s efforts to improve its public sector performance on January 12 got a boost following the approval of $25 million by the World Bank Group Board of Executive Directors. The financing will help Swaziland strengthen its...
IMF Executive Board Approves New Two-Year €8.24 Billion Flexible Credit Line Arrangement for Poland
The Executive Board of the International Monetary Fund (IMF) on January 13 approved a successor two-year arrangement for Poland under the Flexible Credit Line (FCL) with reduced access in an amount equivalent to SDR 6.5 billion (about €8.24 billion,...
UK government boost for Horseracing in Betting Levy Reform
British Horseracing will benefit from mandatory contributions from all major gambling businesses that take bets on the sport in this country, UK Sports Minister Tracey Crouch announced on 14 January.
IMF Executive Board Discusses Macroeconomic Prospects and Challenges in LIDCs
As many low-income developing countries (LIDCs) continue to struggle with low commodity prices, the International Monetary Fund (IMF) Executive Board discussed the unique policy issues these countries face, identified financial sector stress and...
Greater Productivity, Investment in People Can Put Russia Back on Path to Sustainable and Inclusive Growth
Increased productivity and greater investment in human capital and services are essential to achieving sustainable and inclusive economic growth to benefit all of Russia’s citizens, says the World Bank Group’s Systematic Country Diagnostic for the...
IMF Executive Board Concludes 2016 Article IV Consultation Discussions with People’s Republic of China—Hong Kong Special Administrative Region
On January 6, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation discussions with Hong Kong Special Administrative Region (SAR) , and considered and endorsed the staff appraisal without a meeting...
