Finance & Economics

The World Bank Supports the Strengthening of the Science, Technology and Innovation System in Peru

The World Bank Board of Directors on January 11, approved a US$ 45 million loan to strengthen the science, technology and innovation (STI) system in Peru, which will help improve the productivity of companies by innovating processes and products.

IMF Executive Board Completes Fourth and Fifth Reviews Under the Extended Fund Facility Arrangement for Seychelles, and Approves US$4.4 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) on Januray 11, completed the fourth and fifth reviews under the Extended Fund Facility arrangement (EFF) with Seychelles. The completion of the reviews enables a disbursement of SDR3.27...

Stronger signals of growth momentum picking-up in several major OECD economies

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The World Bank Supports Quality Control of Environmental Services in Peru

The World Bank Board of Directors on January 11 approved a US$40 million loan to improve environmental control in Peru. The financing will seek to enhance and expand environmental quality services, including environmental monitoring and the...

Lamassoure: Changing how EU is funded won't shift power to Brussels

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Alain Lamassoure

The World Bank Supports Improved Transport for 125,000 Residents of Eastern Bolivia

The World Bank Board of Directors on January 11 approved a US$ 230 million loan to finance the paving of the highway between San Ignacio de Velasco and San José de Chiquitos. This project will improve accessibility and connectivity and reduce...

Comoros: World Bank will Help Improve the National Statistical System for a Better Development Planning

The World Bank’s Board of Executive Directors approved an International Development Association (IDA) grant of $2.5 million to support the national statistical system of Comoros. Parallel funding from the Government of Comoros and its development...

Mexico: Reforms are starting to bear fruit, but further action is needed to boost productivity and ensure more inclusive growth, OECD says

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IMF Executive Board Completes the Seventh Review Under the Policy Support Instrument for Uganda

On January 5, the Executive Board of the International Monetary Fund (IMF) completed the seventh review of Uganda’s economic program under the Policy Support Instrument (PSI). The Board’s decision was taken on a lapse of time basis. In completing the...

Global Growth Edges Up to 2.7 Percent Despite Weak Investment

Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year as obstacles to activity recede among emerging market and developing economy commodity exporters, while domestic demand remains solid...