Additional US$5.1 Million to Promote Growth and Job Creation in Djibouti
The World Bank Board of Executive Directors on December 14 approved an additional US$5.1 million in support of ongoing efforts by the government of Djibouti to create a dynamic private sector that will be an engine of job creation and inclusive growth...
MEPs approve €856,800 in job-search aid for 250 redundant car workers in Spain
A proposal to grant Spain €856,800 in EU aid to help find new jobs for 250 former car workers made redundant by 29 firms manufacturing motor vehicle parts in the Valencia region was approved by Parliament on Wednesday. The European Globalisation...
IMF Staff Completes 2016 Article IV Mission on South Sudan
An International Monetary Fund (IMF) staff team led by Jan Mikkelsen, met with the South Sudanese authorities in Nairobi, Kenya December 5-9 to hold discussions in the context of South Sudan 2016 Article IV Consultation.
Innovation and Technology Can Help Pakistan Become an Export Powerhouse
South Asia could become the fastest growing exporting region of the world if authorities in Pakistan and its South Asian neighbors implement a set of policy actions aimed at improving the business environment, connecting to global value chains (GVC),...
World Bank Supports Regional Trade and Transport Development in Burkina Faso and Côte d’Ivoire
The World Bank’s Board of Executive Directors on December 13 approved two International Development Association (IDA)* credits of $100 to support reform priorities for trade facilitation and transport modernization in Burkina Faso and Côte d’Ivoire....
IMF Mission Concludes Visit to the Bahamas
An International Monetary Fund (IMF) team led by Jarkko Turunen visited The Bahamas from December 7-13, 2016, to update the economic and financial outlook following Hurricane Matthew.
Lao PDR to Strengthen and Climate-Proof Rural Roads with World Bank Support
The World Bank’s Board of Executive Directors on December 13 approved a US $25 million credit from the International Development Association (IDA) to help Lao PDR strengthen its road maintenance systems and improve road connectivity throughout the...
IMF Staff Team Concludes Visit to Mozambique
An IMF staff team headed by Michel Lazare visited Mozambique from December 1-12, 2016 to assess recent economic developments and discuss policies to support macroeconomic stability. As highlighted in a November 28 statement, the team also initiated...
World Bank to Help Poland Put Its Unemployed Back to Work More Effectively
Labor offices in Poland will learn new approaches to impact evaluations of labor market measures so that they can activate the unemployed and put them back to work more effectively. In a project implemented in collaboration with the Ministry of...
World Bank, Jordan Sign Agreement for US$250 Million in Concessional Finance to Energy, Water Sectors
The World Bank and Jordan have signed a US$250 million financial package that aims to accelerate the Government’s quest to redress fiscal imbalances in the energy and water sectors and improve public service delivery.
