Finance & Economics

IMF Executive Board Concludes 2016 Article IV Consultation with Trinidad and Tobago

On May 20, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Trinidad and Tobago.

Trinidad and Tobago’s output has continued to shrink while declines in global energy prices are...

IMF Reaches Staff-Level Agreement with Jordan on a Three-Year Extended Fund Facility

The Jordanian authorities and a team of the International Monetary Fund (IMF) led by Martin Cerisola have reached a staff–level agreement on a request for a 36-month Extended Fund Facility (EFF). The proposed access to IMF credit under the arrangement...

IMF Executive Board Completes Seventh and Eighth Reviews under Malawi’s ECF Arrangement and Approves US$ 76.8 Million Disbursement

IMF Executive Board Completes Seventh and Eighth Reviews under Malawi’s ECF Arrangement and Approves US$ 76.8 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) on 20 June completed the seventh and eighth reviews...

Reforms Strengthen Indonesia’s Economic Resilience: World Bank Report

Indonesia’s economy continues to prove resilient with a forecasted GDP growth of 5.1 percent for 2016. But weaker than expected global economic expansion may moderate the growth recovery of Southeast Asia’s largest economy, according to a new World...

IMF Executive Board Concludes 2016 Article IV Consultation with São Tomé and Príncipe

On June 10, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation with the Democratic Republic of São Tomé and Príncipe.

IMF Executive Board Completes the Second Review Under the Extended Credit Facility Arrangement for the Kyrgyz Republic and Approves US$13.4 Million Disbursement

IMF Executive Board Completes the Second Review Under the Extended Credit Facility Arrangement for the Kyrgyz Republic and Approves US$13.4 Million Disbursement On June 17, 2016, the Executive Board of the International Monetary Fund (IMF) completed...

Bangladesh Signs $130 Million World Bank Loan for Economic Zones

The government of Bangladesh signed a $130 million additional financing agreement with the World Bank to scale up support for the recently licensed and new economic zones to attract foreign and domestic investment as well as to create more jobs in the...

IMF Staff Starts Discussions with the Beninese Authorities on a Possible Program

At the request of the government of Benin, a team from the International Monetary Fund (IMF), led by Christine Dieterich, Mission Chief for Benin, visited Cotonou from June 6 to 18, to start discussions with the authorities on a possible three-year...

European Commission injects €6.7 billion into transport infrastructure to boost jobs and growth

European Commission is firmly delivering on President Juncker's top priority of creating jobs and boosting growth in the European Union, by unveiling a list of 195 transport projects that will receive €6.7 billion of funding under the Connecting...

Designing Sustainable Retirement Savings Systems in Croatia

The Ministry of Labor and Pension System of the Republic of Croatia and the World Bank organized a conference “Saving for Retirement: the Challenge of Designing Sustainable Retirement Savings Systems” on June 17, to share knowledge and experiences...