OECD unemployment rate down to 6.2% in October 2016
Facing Hard Choices: Mozambique Economic Update
Following three consecutive quarters of slowing economic activity in 2016, Mozambique’s GDP growth for 2016 is estimated at 3.6 percent down from 6.6 percent in 2015. The country is navigating a complex crisis. An ongoing economic downturn, brought...
IMF Executive Board Discusses Small States’ Resilience to Natural Disasters and Climate Change and the Role of the Fund
On December 1, 2016, the Executive Board of the International Monetary Fund (IMF) discussed a staff paper on “ Small States’ Resilience to Natural Disasters and Climate Change—Role for the Fund”, which explores how the Fund’s macroeconomic policy...
World Bank Declares Pause to Protect Indus Waters Treaty
The World Bank Group on December 12, announced a pause in the separate processes initiated by India and Pakistan under the Indus Waters Treaty to allow the two countries to consider alternative ways to resolve their disagreements.
Growth momentum picking-up in several advanced economies and strengthening in major emerging economies
IMF Executive Board Concludes 2016 Article IV Consultation with Namibia
On December 2, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Namibia.
Armenia to Promote Sustainability and Strengthen Competitiveness With World Bank Support
Armenia and the World Bank signed a US$50 million development policy finance operation to support the Government’s reforms program across key economic areas, on December 8. The Fourth Development Policy Financing (DPF-4) for Armenia supports a wide...
Lower public R&D spending and protectionist risks may pose a threat to innovation
A decline in government funding of science and technology research in a number of countries could pose a threat to innovation at a time when global challenges like climate change and ageing populations demand solutions, according to a new OECD report...
Budget MEPs approve €856,800 in job-search aid for 250 redundant workers in Spain
A proposal to grant Spain €856,800 in EU aid to help find new jobs for 250 former car workers who were made redundant by 29 firms making motor vehicle parts in the Valencia region was approved by the Budgets Committee on Thursday. The European...
IMF Executive Board Concludes 2016 Article IV Consultation with Finland
On November 23, 2016 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Finland.
