Finance & Economics

East Asia and Pacific Growth Remains Resilient Despite Heightened Global Uncertainty, World Bank Says

Despite a less favorable external environment, the growth outlook for developing East Asia and Pacific (EAP) remains positive, according to the latest World Bank economic report on the region. Growth in developing EAP is expected to be 6.3 percent in...

Modest Rebound Continues in Middle East and North Africa But New Sources of Growth and Job Creation Needed

Growth in the Middle East and North Africa (MENA) region is projected to rebound to an average of 2% in 2018, up from an average 1.4% in 2017 according to a new World Bank report.

Growth in Sub-Saharan Africa is Slower than Expected

Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the October 2018 issue of Africa’s Pulse, the bi-annual analysis of the state of African economies by the World Bank. The...

Canadian Taxpayers Federation applauds Manitoba for rejecting the carbon tax

The Canadian Taxpayers Federation is applauding Manitoba Premier Brian Pallister for rejecting a carbon tax.

IMF Staff Concludes Mission to Guinea-Bissau

An International Monetary Fund (IMF) mission led by Tobias Rasmussen visited Bissau during September 19–October 2, 2018 for the sixth review under the Extended Credit Facility (ECF) arrangement.

IMF Staff Completes 2018 Article IV Mission to Cambodia

An International Monetary Fund (IMF) team led by Mr. Jarkko Turunen, visited Phnom Penh from September 19 to October 2, 2018, to conduct discussions on the 2018 Article IV consultation.

IMF Staff Completes Review Mission to Rwanda

An International Monetary Fund (IMF) staff team, led by Emre Alper and Laure Redifer, visited Kigali from September 20 to October 2 to conduct discussions on the tenth and final review of Rwanda’s PSI -supported program.

Economic Reforms Can Make Bangladesh Grow Faster

Driven by strong domestic demand, Bangladesh’s economy remains among the fastest growing economies in the developing world and it would grow at an even faster pace if it implemented economic reforms, says a new World Bank report launched on October 2...

IMF Executive Board Completes Fourth Review Under Extended Fund Facility Arrangement (EFF) for Tunisia

On September 28, 2018, the Executive Board of the International Monetary Fund (IMF) completed the Fourth Review of Tunisia’s economic program supported by an arrangement under the Extended Fund Facility (EFF).

IMF Executive Board Approves US$290 million Extended Arrangement Under the Extended Fund Facility for Barbados

On October 1, 2018, the Executive Board of the International Monetary Fund (IMF) approved a four-year Extended Arrangement under the Extended Fund Facility (EFF) for Barbados for an amount equivalent to SDR 208 million (about US$290 million, or 220...