Finance & Economics

Growth Recovery in South East Europe Underpinned by Investment, Says Latest World Bank Economic Report

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IMF Staff Completes Review Mission to Burkina Faso

An International Monetary Fund (IMF) team, led by Ms. Corinne Deléchat, visited Ouagadougou from March 29-April 8, 2016 to conduct discussions on the fourth and fifth reviews of the Extended Credit Facility arrangement (ECF).

Contributions to GDP growth: fourth quarter 2015, Quarterly National Accounts, OECD

Contributions to OECD real GDP growth
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Percentage points

Europe and Central Asia: Growth Struggles in the West, Volatility Increases in the East

The economies of Europe and Central Asia (ECA) continue to face difficult headwinds in an increasingly complex and uncertain global economic environment, with short-term prospects differing substantially across countries, according to a new World Bank...

IMF Staff Concludes Visit to Jordan

A mission from the International Monetary Fund (IMF) led by Mr. Martin Cerisola visited Amman from March 27 to April 4 to take stock of economic developments since the last IMF visit in November 2015, and to discuss with the authorities their plans...

EU budget management: Commission and Parliament spending for 2014 approved

The European Commission managed its 2014 EU budget funds according to the rules, so Parliament should grant it a 'discharge' (i.e. approval), for that year, the Budgetary Control Committee said on Thursday. Parliament’s own management of EU funds in...

Increased Trade Links Offer Greater Economic Opportunity for Lao PDR While Barriers Remain

The growing Lao economy has become increasingly integrated into the global economy through the ASEAN Economic Community and other regional and global trade pacts. Increased trade links with other countries have translated into increased access to...

IMF Staff Holds Review Mission to Guinea-Bissau

An International Monetary Fund (IMF) mission led by Felix Fischer visited Bissau during March 28–April 7, 2016 to conduct the combined first and second reviews under the Extended Credit Facility (ECF) arrangement.

World Bank Moves Forward in Fight against Poverty in West Africa

The World Bank’s Board of Executive Directors Wednesday approved an International Development Association (IDA) grant of US$40.5 million for the Regional Program to Harmonize and Modernize Living Conditions Surveys (the Project). The announcement...

Benchmarks: restoring confidence in the financial markets

Benchmarks are widely used to track market developments. As many financial transactions are linked to them, they can determine who benefits from investing in a particular financial product. However, financial scandals involving benchmarks such as...