Finance & Economics

Off-Grid Solar Industry Grows Into a $1.75 Billion Annual Market, New Report Shows

The off-grid solar industry has grown into a $1.75 billion annual market, providing lighting and other energy services to 420 million users and remains on a solid growth curve, a new World Bank Group and GOGLA report shows.

Malta: Staff Concluding Statement of the 2020 Article IV Mission

Malta has enjoyed very rapid economic growth in recent years as the economy rebalanced towards high value-added services. Prudent fiscal policy and timely structural reforms have helped boost employment and build fiscal buffers while promoting social...

OECD presents analysis showing significant impact of proposed international tax reforms

New economic analysis shows that a proposed solution to the tax challenges arising from the digitalisation of the economy under negotiation at the OECD would have a significant positive impact on global tax revenues.

Luxembourg: Staff Concluding Statement of the 2020 Article IV Mission

An International Monetary Fund (IMF) mission, led by Mr. Emil Stavrev, visited Luxembourg during February 3-14 to conduct the 2020 Article IV consultation.

Ireland: prepare now for rising fiscal pressures, external risks

rsz_econ_survey_ireland_green_large_0.png

Uganda Economic Update Recommends Expanding Social Protection Programs to Boost Inclusive Growth

Uganda’s economy grew by 6.5 percent in FY18/19, maintaining the rebound in economic activity over the last two years, according to the latest edition of the Uganda Economic Update released by the World Bank on Febuary 13.

OECD unemployment rate stable at 5.1% in December 2019

HUR-500-02-20_0_0.png

Bulgaria: Staff Concluding Statement of the 2020 Article IV Mission

An International Monetary Fund (IMF) mission, led by Mr. Jaewoo Lee, visited Sofia during February 4-14 to conduct the 2020 Article IV consultation.

Belgium: keep up reforms to increase employment and productivity growth

Belgium’s tax, labour, pension and education reforms have improved the potential for stronger, sustainable and inclusive growth over the long term. Keeping up this momentum on structural reforms is key to energise the economy and keep it resilient to...

IMF and World Bank Consider Somalia Eligible for Assistance Under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative

The Executive Boards of the International Monetary Fund (IMF) and World Bank met, on February 12 and 13, respectively, to consider Somalia’s eligibility for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative.