IMF Staff Concludes Review Mission to Uganda
A team from the International Monetary Fund (IMF) led by Axel Schimmelpfennig, IMF Mission Chief for Uganda, visited Kampala from October 12 to 26, 2016 to conduct the seventh review of the country’s economic program under the Policy Support...
New Report shows How Africa’s Electricity Providers Can Be Profitable and Still Make Electricity Affordable
A new World Bank study outlines how Sub-Saharan Africa’s struggling power utilities can be financially viable and at the same time make electricity access affordable for the poor.
Mongolia should step up anti-corruption reforms
Mongolia has made significant progress in developing its anti-corruption policy, legislation and institutions over the past few years. However, progress has recently slowed and there are increasing concerns about the future direction and pace of...
IMF Managing Director Christine Lagarde Discusses Economic Outlook and Policy Priorities with Saudi Arabia and other GCC Countries
Meeting with King Salman Al Saud focused on global and regional economic cooperation
All GCC countries have begun welcome reforms to respond to low oil prices.
Fiscal adjustment will need to be sustained over the medium term.
Ending Hunger And Malnutrition Key To Economic Development In Bangladesh, Major Study Finds
A major independent report released emphasises that the Government of Bangladesh and its partners must rally to end hunger and improve nutrition to sustain the country’s remarkable economic trajectory on Oct 26.
More funds needed for young people and jobs in 2017 to honour EU’s pledges, say MEPs
Parliament demanded more funds, to help young people into jobs, boost economic growth and assist third countries with a view to mitigating the migration crisis, in a plenary vote on Wednesday.
Agricultural growth is not reaching its poverty-reducing potential in East and Southern Africa, says new IFAD report
The agricultural sector in East and Southern Africa is transforming due to increased productivity as more land is being cultivated but agricultural growth has not always led to poverty reduction; many small farmers in the region continue to live in...
EU’s long-term budget: MEPs vote for more headroom to cope with crises
The EU needs to update its long-term financial plan to cope with unforeseen crises said MEPs in their vote on its forthcoming review, on Wednesday. MEPs acknowledged that the Commission’s proposal to revise the multiannual financial framework (MFF)...
Record Number of Economies Carried Out Business Reforms in Past Year: Doing Business
A record 137 economies around the world have adopted key reforms that make it easier to start and operate small and medium-sized businesses, says Doing Business 2017: Equal Opportunity for All, the World Bank Group’s annual report on the ease of doing...
Green light to prolong top-up in EU funding for projects in Greece and Cyprus
Plans to prolong a 10% increase in the EU contribution towards regional and social project costs in Greece until 30 June of the year after its economic adjustment programme ends were approved by Parliament on Tuesday. MEPs also approved a special...
