IMF Executive Board Approves US$ 364 Million in Financial Support for Ecuador
The Executive Board of the International Monetary Fund (IMF) on Friday approved a disbursement of SDR 261.63 million (about US$364 million) for Ecuador under the Rapid Financing Instrument (RFI). This financial support will help the country meet an...
Rabobank and DLL: An extra EUR 400 million from the EIB for SMEs
This week, DLL and Rabobank have received an additional EUR 400 million from the European Investment Bank (EIB) for Small and medium sized enterprise (SME) owners and corporate enterprises wishing to invest. With this facility, the EIB is supporting...
Government of India and World Bank Sign Agreement to Diversify and Enhance Household Income in Bihar
The Government of India, the Government of Bihar and the World Bank on July 8 signed a US$ 290 million credit agreement to help improve livelihood opportunities for poor rural households across 300 blocks and 32 districts of Bihar.
UK Government gives businesses £57m boost to bring ideas to market
. UK Business Secretary chaired the first fortnightly inter-ministerial meeting on business engagement new fund will help the development of innovative UK business ideas looking at tackling climate change and cancer
. A new funding boost of £57....
MEPs urge EU countries to use €1.3bn budget refund to honour refugee aid pledges
EU member states should use a €1.349 billion EU budget refund for 2015 to honour their pledges to contribute to two EU trust funds set up to tackle the refugee crisis, urge MEPs in a resolution voted on Wednesday. Parliament approved a Commission...
Ethiopia’s Investments in Health, Education and Social Protection Yield Positive Results
Ethiopia’s investments in health, education, social protection, and infrastructure have had a positive impact on economic development and promoting shared prosperity in the country, says 2015 Ethiopia Public Expenditure Review, a new World Bank Group...
Revise EU’s long-term budget to cope with today's challenges, urge MEPs
The EU needs to update its long-term financing plan to cope with new priorities and challenges such as mass migration, internal security and youth unemployment, said MEPs in a resolution voted on Wednesday. The text sets out political recommendations...
OECD annual inflation stable at 0.8% in May 2016
Getting refugees to work: MEPs call for a win-win approach
Allowing refugees and asylum seekers to work in their host countries not only helps to restore their human dignity, but also reduces strain on public budgets by turning them into taxpayers, says a non-binding resolution voted on Tuesday. Inclusion...
IMF Executive Board Concludes 2016 Article IV Consultation with Norway
On June 29, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Norway.
The declines in oil prices and offshore investment have taken a toll on the Norwegian mainland economy: growth fell...
