Governments should use tax systems to drive inclusive growth agenda
Governments should use tax policy to drive forward economic agendas that seek to boost growth while sharing the benefits more evenly within society, according to a new OECD report.
Government of Sri Lanka and World Bank Sign Agreement to Develop Jaffna with Galle, Kandy
The Government of Sri Lanka and the World Bank on 20 July signed a $55 million loan to Sri Lanka to improve urban services, preserve cultural and environment assets, and improve livability in Jaffna, adding the city to an existing project to develop...
IMF Executive Board Concludes 2016 Article IV Consultation with St. Vincent and the Grenadines
On July 13, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with St. Vincent and the Grenadines.
Vietnam’s growth moderates amidst severe drought, slow industrial growth
After accelerating strongly last year, Vietnam’s economic activity moderated in the first half of 2016, with GDP expanding by 5.5 percent during the first half of 2016, compared to 6.3 percent growth in the same period last year.
IMF Staff Completes 2016 Article IV Mission to Cambodia
An International Monetary Fund (IMF) mission from Washington, D.C., headed by Sonali Jain-Chandra, visited Cambodia from July 6 to July 20, 2016 to conduct the annual Article IV staff discussions. During the visit, the mission assessed macroeconomic...
Fiji Signs Loan Agreement With World Bank, ADB
The Government of Fiji signed a US$50 million loan agreement with the World Bank to support their continued recovery needs from Tropical Cyclone Winston and enhance the country’s efforts to protect the most vulnerable, on July 18.
IMF Staff Concludes 2016 Article IV Mission to Equatorial Guinea
A mission from the International Monetary Fund (IMF), led by Montfort Mlachila, visited Malabo from June 29 to July 13 to conduct the 2016 Article IV consultation discussions.
World Bank Statement on Second Municipal Improvement Project in FYR Macedonia
The Second Municipal Services Improvement Project (MSIP2) for FYR Macedonia was approved by the World Bank Board of Executive Directors on January 11, 2016. All further decisions related to effectiveness and implementation are made by World Bank...
Labour Mobility Could Generate an Additional $10 Billion for Pacific Islanders by 2040
The full potential of labour mobility between Australia, New Zealand and the Pacific region remains largely untapped, according to a new report launched by the World Bank and the Australian National University (ANU) during the Pacific Update...
World Bank and Government of Japan to Promote Inclusive Growth and Private Sector Development in Iraq
Four new grants from Japan totaling US$ 2.17 million will support the Iraqi government’s development and reform programs to enhance institutional efficiency and promote inclusive growth.
