Countries Meet with World Bank to Discuss Carbon Pricing and Build Carbon Markets
Just months after the Paris Agreement at COP21, on March 8 the World Bank brought together over 30 developed and developing countries at the Carbon Pricing: Sustaining the Momentum after COP21 conference in Zurich to take stock and discuss...
OECD countries confirm their drive to improve gender equality in public leadership
Port services: improving efficiency to boost trade
Draft rules designed to boost the efficiency and cut the cost of services supplied at EU maritime ports, such as mooring and towage, were voted by Parliament on Tuesday. Ensuring transparency in the setting of fees for using port services and...
IMF Executive Board Concludes 2016 Article IV Consultation with Belgium
On March 2, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Belgium.
The recovery is expected to continue at a modest pace in the near term, driven primarily by private consumption,...
Services Drive Kenya’s Growth in the Past Decade
Since 2005, services exports in Kenya have accounted for over 50% of the increase in total exports, and are poised to overtake goods exports, says a new World Bank report launched on March 7. Trade, transport, ICT and financial services lead the pack...
Statement by IMF Managing Director Christine Lagarde on Cyprus
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement on Cyprus on March 7 :
“I have received a letter from Mr. Harris Georgiades, the Minister of Finance for Cyprus, informing me of...
Statement by an IMF Staff Team Visiting Jamaica
An IMF staff team led by Mr. Nigel Chalk, Deputy Director of the Western Hemisphere Department, and Ms. Uma Ramakrishnan, Mission Chief for Jamaica, is in Kingston on Friday for a brief post-election staff visit.
IMF Executive Board Discusses Principles for Evenhanded Fund Surveillance and a New Mechanism for Reporting Concerns
On February 22, 2016, the Executive Board of the International Monetary Fund (IMF) agreed to move forward with a framework to help ensure the evenhandedness of Fund surveillance.
The framework responds to recommendations from the 2014 Triennial...
Chinese Renminbi to be Identified in the IMF’s Currency Composition of Foreign Exchange Reserves
The International Monetary Fund (IMF) will separately identify the renminbi (RMB) in its official foreign exchange reserves database starting October 1, 2016. The change will be reflected in the survey for the fourth quarter of 2016 that will be...
EIB establishes cooperation with BGK on European Investment Advisory Hub and provides finance to small investment schemes in Poland
The European Investment Bank (EIB) and Bank Gospodarstwa Krajowego (BGK), Poland’s national promotional bank, have strengthened their long-standing and successful partnership by signing a Memorandum of Understanding setting out a framework for...
