Syria: Reconstruction Could Foster Peace
Development institutions can take immediate actions inside and outside Syria to help make peace happen today, according to a new World Bank report released on April 12. With the battles still ongoing, the Middle East and North Africa’s short-term...
Africa: Low Commodity Prices Continue to Impede Growth
Economic activity in Sub-Saharan Africa slowed in 2015, with GDP growth averaging 3.0 percent, down from 4.5 percent in 2014. This means that the pace of expansion decelerated to the lows last seen in 2009.
IMF Executive Board Reviews Access Limits, Surcharge Policies, and Other Quota-Related Policies
On February 17, 2016, the Executive Board of the International Monetary Fund (IMF) concluded a review of access limits, surcharge policies, and other quota-related policies. This review took place in response to the effectiveness of the quota...
High-level meeting on excess capacity in steel sector, Monday 18 April, Palais D’Egmont, Brussels
With a serious export glut weighing on the global steel sector, ministers, senior officials and private sector representatives from around 30 countries including China, Japan, Germany, India, the UK and the US will meet with EU, WTO, OECD and World...
Cambodia Growth Remains Robust in the Face of a Challenging Global Environment, says World Bank
Growth remains strong, estimated to have reached 7.0 percent in 2015, led by the garment and the construction sectors, according to the latest Cambodia Economic Update. In 2016, growth is expected to be around 6.9 percent, making Cambodia one of the...
IMF Staff Completes Review Mission to Sri Lanka
A staff team from the International Monetary Fund (IMF) led by Todd Schneider visited Colombo during March 31- April 11 to hold the 2016 Article IV consultation discussions and to discuss the authorities’ request for a Fund supported arrangement. The...
Japan will need reforms to ease economic blow of a shrinking workforce
Philippines sustains strong growth amidst difficult global environment
Growth in Developing East Asia and Pacific has remained resilient and is expected to ease only modestly during 2016-18, according to a new World Bank report. This outlook is subject to elevated risks and countries should continue to prioritize...
East Asia Pacific Growth Remains Resilient in Face of Challenging Global Environment, Says World Bank
Growth in developing East Asia and Pacific has remained resilient and is expected to ease only modestly during 2016-18, according to a new World Bank report. This outlook is subject to elevated risks and countries should continue to prioritize...
South Asia Remains Fastest Growing Region in the World, but should be Vigilant to Fading Tailwinds
