Finance & Economics

Ghana to Strengthen its Debt and Public Investment Management

Ghana received support from the World Bank to strengthen its institutional capacity in domestic revenue mobilization on 30 August, public investment management, debt management, and governance of State owned Enterprises (SOEs). Reforming the...

IMF Staff Completes Review Mission to Senegal

An International Monetary Fund (IMF) mission led by Ali Mansoor visited Dakar from August 17–30, 2016 to conduct Article IV consultations and discussions on the third review of the three-year arrangement under the Policy Support Instrument (PSI)...

EU's 2017 budget: Parliament starts drawing up its position

The EU's budget for next year will be decided over the coming months. Starting this week parliamentary committees adopt their opinion on the budget, while the budgets committee discusses the Council's position on Wednesday 31 August. The committee...

IMF Launches Japan-Funded Project to Improve External Sector Statistics in Central and West African Countries

The International Monetary Fund (IMF) launched on August 29, 2016 a three-year capacity development project to improve the external sector statistics in Central and West Africa. Introduced at the African Training Institute (ATI) in Mauritius, this...

IMF Executive Board Concludes 2016 Article IV Consultation with Barbados

On August 22, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Barbados.
The economy appears to have turned the corner with activity picking up. Real GDP grew by 0.8 percent in 2015,...

OECD GDP growth slows to 0.3% in second quarter of 2016

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Youth unemployment set to rise for first time in three years – UN labour agency

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Young factory workers producing shirts in Accra, Ghana.

IMF Executive Board Concludes 2016 Article IV Consultation Discussions with the Kingdom of the Netherlands-Curaçao and Sint Maarten

On July 27, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV Consultation discussions with Curaçao and Sint Maarten, two autonomous countries within the Kingdom of the Netherlands, and considered and...

IMF Staff Concludes Review Mission to Jamaica

An International Monetary Fund (IMF) mission led by Ms. Uma Ramakrishnan visited Jamaica during August 9–19, 2016, to conduct discussions on the thirteenth Review of Jamaica’s IMF-supported program under the Extended Fund Facility (EFF).

New Procurement System to Improve Development Impact and Transparency in South Asia

In keeping pace with global trends, the World Bank on 18 August unveiled a new Procurement Framework to help its partner countries in South Asia that procure goods and services under Bank-financed projects make the best use of their public spending,...