Finance & Economics

At opening of Youth Forum, UN launches new initiative to tackle employment crisis

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Youth in Peru.

IMF Executive Board Concludes 2015 Article IV Consultation with the Kingdom of Lesotho

On January 29, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Kingdom of Lesotho, and considered and endorsed the staff appraisal on a lapse-of-time basis.

World Bank Approves US$ 35 Million to Improve Citizen Access to Public Services in Madhya Pradesh, India

The World Bank Board on Friday approved a US$ 35 million credit for the Citizen Access to Responsive Services Project to improve access to selected public services for the people of Madhya Pradesh (MP), particularly those belonging to disadvantaged...

Conference on Small Middle-Income Countries in Sub-Saharan Africa: Joint Statement by Deputy Managing Director Min Zhu and Governor Linah Mohohlo of the Bank of Botswana

The Governor of the Bank of Botswana, Ms. Linah Mohohlo, and the Deputy Managing Director of the International Monetary Fund, Mr. Min Zhu, hosted on Friday in Gaborone, Botswana, a regional conference entitled “Small Middle-Income Countries in Sub-...

MEPs to discuss ECB actions with President Mario Draghi

European Central Bank President Mario Draghi presents his 2014 annual report to Parliament on Monday 1 February. A debate with MEPs will follow and likely focus on low inflation and the ECB's quantitative easing programme for reviving the economy. The...

IMF Staff Completes 2016 Article IV Mission to Bahrain

An International Monetary Fund (IMF) mission led by Ms. Padamja Khandelwal visited Manama from January 12–25, 2016 for discussions on the 2016 Article IV consultation. Subject to management approval, the findings of the mission will be presented to...

Israel’s economy is sound but it urgently needs to address productivity, inequality and poverty

Israel’s economy has strong fundamentals, but the country needs to address productivity, inequality and poverty if it wants to improve well-being and reduce socio-economic divides, according to the OECD’s latest Economic Survey of Israel.

Brazil: Bahia to improve road infrastructure system

The Board of Directors of the World Bank approved a US$200 million loan to the State of Bahia in Northeast Brazil to increase the effective use of the state’s road infrastructure as a way to stimulate economic growth and reduce poverty. The second...

Finland: Structural reforms needed to boost growth and employment

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Make best use of every euro and combat fraud, say budgetary control MEPs

MEPs urge EU member states to claw back EU funds lost through fraud or irregular spending, and the EU Commission to use its executive powers to help them to fight fraud and tax avoidance, in a resolution passed by the Budgetary Control Committee on...