Finance & Economics

Coordinated central bank action to enhance the provision of global US dollar liquidity

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are 15 March 2020 announcing a coordinated action to enhance the provision of liquidity via the standing US dollar...

OECD broadband statistics update

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Consumer Prices, OECD - Updated: 4 March 2020

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IMF Executive Board Concludes 2019 Discussion on Common Policies of Member Countries of the Eastern Caribbean Currency Union

On January 31, 2020 the Executive Board of the International Monetary Fund (IMF) concluded the 2019 discussion on the common policies of the Eastern Caribbean Currency Union (ECCU) in the context of the Article IV consultations with member countries...

Securing sustainable food systems hinges on gender equality

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Thailand’s Poverty on the Rise Amid Slowing Economic Growth

Thailand has successfully reduced poverty over the past three decades from over 65 percent in 1988 to under 10 percent in 2018. However, the growth of household incomes and consumption growth both have stalled nationwide in recent years. This resulted...

World Bank Commits $300 Million to Support Human Capital and Livelihoods in Pakistan

Pakistan is accelerating investments in health care and education to prepare children to reach their productive potential and generate wealth. The World Bank committed $200 million for the Punjab Human Capital Investment Project that will strengthen...

New WBG Strategy Focuses on Conflict Prevention and Partnerships for Peace and Security in Africa

Urgent action is needed in countries impacted by fragility, conflict and violence (FCV) to end extreme poverty globally, according to the World Bank Group. As crisis situations become increasingly protracted — with dire impacts on people and economies...

Somalia To Reestablish Financial Relations with The World Bank Group After Thirty Years

The World Bank Group Board of Executive Directors, on Febuary 27 moved toward normalizing its relations with the Federal Government of Somalia (FGS) after thirty years. This will open up opportunities for Somalia to access concessional financing from...

Eliminating Extreme Poverty Requires Urgent Focus on Fragile and Conflict-Affected Countries

Urgent action is needed in countries impacted by fragility, conflict and violence (FCV) to end extreme poverty globally, according to the World Bank Group. As crisis situations become increasingly protracted — with dire impacts on people and economies...