IMF Executive Board Concludes 2016 Article IV Consultation with Vietnam
On June 17, the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation with Vietnam. Vietnam’s economy has experienced solid growth with low inflation, reflecting policy attention to maintaining...
Small retailers transact $19 trillion in cash annually, new World Economic Forum and World Bank Group study shows
Global transactions from customers to micro, small and medium retailers
IMF Executive Board Completes Eleventh Review Under the Extended Fund Facility for Pakistan
The Executive Board of the International Monetary Fund (IMF) on June 27, 2016 completed the eleventh review of Pakistan’s economic performance under a three-year program supported by an Extended Fund Facility (EFF) arrangement. The Executive Board’s...
OECD Ministerial Declaration on the Digital Economy: Innovation, Growth and Social Prosperity
Ministers and high-level representatives from 41 countries and the European Union committed on 23 June at the closure of the OECD’s 2016 Digital Economy Ministerial Meeting in Cancun, Mexico, to work together to preserve an open Internet, close...
From Aspirations to Occupations: More and Better Jobs Are Critical for Moldova’s Growth
Young job-seekers need a comprehensive career guidance system and better information on education choices and employment opportunities, reveals the World Bank’s report From Aspirations to Occupations: The Role of Information in Educational and Labor...
IMF Executive Board Concludes 2016 Article IV Consultation with Iceland
On June 20, 2016 the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation with Iceland.
The outlook is positive. Growth is accelerating this year and is expected to exceed 4.5 percent, led by...
Optimism Is High for Uganda to Diversify Economy and Growth in an Era of Oil and Volatility
Uganda will begin pumping its first commercial oil in 2018, which could be a major source of socio-economic transformation if revenues are well invested to diversify the country’s economy.
IMF Executive Board Concludes 2016 Article IV Consultation with El Salvador
On June 20, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with El Salvador.
World must act faster to harness potential of the digital economy
Governments must act faster to help people and firms to make greater use of the Internet and remove regulatory barriers to digital innovation or else risk missing out on the potentially huge economic and social benefits of the digital economy, the...
Independent Power Projects Essential to Electrify Sub-Saharan Africa, New Report Finds
A new World Bank report draws from experiences in five African countries to explain why independent power projects (IPPs) are crucial to help deliver electricity to the 600 million people without it in Sub-Saharan Africa. The report highlights the...