Cameroon: $325 Million to Improve Efficiency and Reliability of the National Electricity Network
The World Bank Board of Executive Directors approved an International Bank for Reconstruction and Development (IBRD) loan of $325 million to strengthen Cameroon’s national electricity transmission network. The Electricity Transmission and Reform...
IMF Executive Board Completes Fourth Review of Armenia’s Extended Arrangement
The Executive Board of the International Monetary Fund (IMF), on December 7, completed the fourth review of Armenia's performance under a three-year arrangement under the Extended Fund Facility (EFF). The completion enables the release of SDR 15.65...
Zambia Economic Brief: Raising Revenue for Economic Recovery
Zambia needs higher domestic revenue collection if the current levels of government expenditure are to be maintained in a sustainable manner, says a new World Bank Economic Brief released on December 7.
IMF Staff Concludes Visit to Turkmenistan
An International Monetary Fund (IMF) mission led by Mr. Martin Sommer visited Ashgabat during December 1–6, 2016, to assess macroeconomic and financial developments and discuss economic challenges and policy priorities with senior government officials...
Better management of tight budgets could help Latin American and Caribbean governments to raise living standards
Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-...
OECD annual inflation picks up to 1.4% in October 2016, driven by energy prices
Hungary joins the OECD Development Assistance Committee (DAC)
István Mikola, State Secretary for Security Policy
and International Cooperation at the Ministry of...
IMF Executive Board Completes Sixth Review Under ECF Arrangement for Sierra Leone and Approves US$33.23 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) on December 7 completed the sixth review of Sierra Leone’s performance under the economic program supported by an Extended Credit Facility (ECF) arrangement.
World Bank Group Launches its 5th Economic Update for Ethiopia
Over the past decade, Ethiopia has been one of the fastest growing economies in the world with growth averaging 10.9%. Despite recently facing the worst drought in fifty years, Ethiopia has remarkably been able to maintain positive growth.
Design of funded private pensions needs to be improved
