Finance & Economics

IMF Executive Board Concludes 2019 Article IV Consultation with the Republic of Tajikistan

On January 13, 2020, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Tajikistan.

Vanuatu: New Transport Project Will Improve Resilience to Disasters, Access to Markets

The World Bank’s Board of Executive Directors has approved a US$35.5 million credit and a US$30.5 million grant in support for a resilient transport project that will upgrade the vital 65-kilometer South Santo Road, on Vanuatu’s second most-populated...

Central African Republic Economic Update: A Call for Domestic Revenue Mobilization to Sustain Growth

The second edition of the Central African Republic (CAR) Economic Update, which was published by the World Bank, examines evolving economic trends in the country and proposes options to boost domestic revenue by improving tax and customs policy and...

Afghanistan Improves its Growth Despite Uncertainty

Afghanistan’s economy grew by an estimated 2.9 percent in 2019, driven mainly by strong agricultural growth following recovery from drought, but lingering political uncertainty dampens private confidence and investment, says the World Bank.

Afghanistan Improves its Growth Despite Uncertainty

Afghanistan’s economy grew by an estimated 2.9 percent in 2019, driven mainly by strong agricultural growth following recovery from drought, but lingering political uncertainty dampens private confidence and investment, says the World Bank.

Myanmar’s Growth Resilient Despite Global Slowdown

Myanmar’s economy continues to show resilience despite the ongoing global slowdown and domestic uncertainties, according to a new World Bank report released on January 15.

World Bank, Switzerland to Support Ho Chi Minh City’s New Bus Rapid Transit Corridor

The World Bank and the Ministry of Finance signed a financing agreement for a grant worth US$10.5 million to promote integrated urban development and transport connectivity along a new Bus Rapid Transit corridor in Ho Chi Minh City, on January 15.

Secretary of Commerce Leads U.S. Delegation to Guatemala

From January 13th to the 14th, U.S. Secretary of Commerce Wilbur Ross led a Presidential delegation to attend Guatemalan President Alejandro Giammattei’s inauguration and congratulate the Guatemalan people on a successful democratic transition of...

The World Bank Will Help Strengthen Urban Management and Income Generation in 22 Districts of Peru

The World Bank Board of Directors approved a US$ 50 million loan to finance the project “National Urban Cadaster and Municipal Support,” on January 10. The initiative will support the development of the urban cadaster and will provide technical...

US-China Trade War Seen as Boosting Vietnam Growth

Vietnam will enjoy the fastest economic growth in Southeast Asia in 2020, according to a new forecast from British multinational investment bank HSBC.