IMF Staff Reaches Staff-Level Agreement on a Staff-Monitored Program with Somalia, Marking Milestone in Normalizing Relations with IFIs
An International Monetary Fund (IMF) mission led by Rogerio Zandamela visited Nairobi from March 30 to April 5, 2016 to discuss a Staff-Monitored Program (SMP) with the Somali authorities.
IMF Staff Completes Review Mission to Uganda
A team from the International Monetary Fund (IMF) led by Roger Nord, IMF Mission Chief and Deputy Director of the African Department, visited Kampala from March 21 to April 6, to conduct the sixth review of Uganda’s economic program supported by the...
Limited access to employment services hurts vulnerable laid-off workers in Australia
Australia should provide early access to more intensive employment services for disadvantaged laid-off workers to help them find a new job more quickly, according to a new OECD report.
Russia Economic Report 35: The Long Journey to Recovery
Russia’s anticipated economic recovery has been delayed, and the country continues to adjust to an adverse external environment of lower oil prices and international sanctions. In 2015, the consequences of these twin shocks caused real GDP to contract...
IMF Executive Board Discusses the Adequacy of the Fund’s Precautionary Balances
On February 19, 2016, the Executive Board of the International Monetary Fund (IMF) reviewed the adequacy of the Fund’s precautionary balances.
OECD annual inflation slows to 1.0% in February 2016
IMF Staff Completes Review Mission to Rwanda
An International Monetary Fund (IMF) team, led by Laure Redifer, visited Kigali from March 22–April 5, 2016 to carry out discussions with the Rwandan authorities on the fifth review of their economic and financial program supported by the IMF’s Policy...
Increasing Economic Growth in Fragile States Can Help Prevent Future Refugee Crises—World Bank President
World Bank Group President Jim Yong Kim said on Tuesday that the world’s powers need to pay far greater attention to boosting developing economies and creating jobs in the most fragile countries in order to give more opportunity to people in those...
Germany: Boost investment and productivity for a stronger economy and more inclusive society
IMF Staff Concludes Visit to Kosovo
An International Monetary Fund (IMF) mission visited Pristina during March 23–April 5 to conduct the second review of Kosovo’s economic program supported by a Stand-By Arrangement (SBA).