Finance & Economics

Malaysia: Boosting productivity key to fostering inclusive growth

Malaysia’s economy has proven resilient to global headwinds, but more can be done to boost innovation, raise productivity and shift to a more sustainable growth path that will boost living standards for all, according to two new reports from the OECD...

Making Growth Matter for the Poor

Pakistan’s economic growth in fiscal year (FY) 2016 reached 4.7 percent—the highest rate in eight years and a significant increase from the previous year’s 4.0 percent, says a new World Bank Report.

New World Bank project to bring Electricity to 2,500 Solomon Islands homes

More than 2,500 homes without electricity access in Solomon Islands will soon be able to afford reliable energy connections under a new project agreed between the World Bank and the Government of Solomon Islands.

IMF Executive Board Concludes 2016 Article IV Consultation with Bulgaria

On November 4, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Bulgaria.

United Nations agency to present results of poverty reduction programme in the Philippines

Media are invited to attend a national workshop where conclusions from an independent evaluation of the IFAD-supported country strategy and programme in the Philippines will be presented. IFAD’s Independent Office of Evaluation conducted this...

IMF Staff Completes 2016 Article IV Mission to Antigua and Barbuda

An International Monetary Fund (IMF) mission, led by Mr. Meredith Arnold McIntyre, visited Antigua and Barbuda during October 26-November 7 to conduct the 2016 Article IV Consultation.

Russian Economy Inches Forward, says World Bank

Russia continued its adjustment to lower oil prices in 2016, in an environment of economic sanctions. A sustained fall in real incomes kept domestic demand depressed, and the unfavorable external conditions repeatedly affected Russia’s economic growth...

India Must Boost Productivity to Help South Asia Become the Next Export Powerhouse of the World

South Asia could become the fastest growing exporting region of the world if India and its South Asian neighbors enhance the productivity of their firms by at least two percentage points each year, says a new World Bank report.

Investing in climate adaptation for smallholder farmers pays big financial returns, says new IFAD report

A new report from the UN’s International Fund for Agricultural Development (IFAD) shows that for each dollar invested through its Adaptation for Smallholder Agriculture Programme (ASAP), farmers could earn a return of between US$1.40 and $2.60 over a...

IMF Staff Completes 2016 Article IV Mission to the Republic of Congo

An International Monetary Fund (IMF) team led by Dalia Hakura, Mission Chief for the Republic of Congo, visited Brazzaville during October 25-November 7, 2016 to conduct discussions for the 2016 Article IV review of the Congolese economy. Discussions...