IMF Executive Board Completes Second ECF Review for Ghana, and Approves US$114.6 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) Monday completed the second review of Ghana’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement. Completion of the review enables the...
Digital Technologies: Huge Development Potential Remains Out of Sight for the Four Billion Who Lack Internet Access
A new World Bank report says that while the internet, mobile phones and other digital technologies are spreading rapidly throughout the developing world, the anticipated digital dividends of higher growth, more jobs, and better public services have...
IMF Executive Board Completes Review of Poland’s Performance under the Flexible Credit Line Arrangement
On January 13, 2016, the Executive Board of the International Monetary Fund (IMF) completed its review of Poland’s qualification for the arrangement under the Flexible Credit Line (FCL), and reaffirmed its continued qualification to access FCL...
New Energy Project Targets 150,000 Liberians for Increased Access to Affordable and Reliable Electricity
The World Bank Board of Executive Directors Monday approved a new financing agreement of US$27 million to increase access to affordable and reliable electricity and to foster the use of renewable energy sources in Liberia. This agreement comprises of...
IMF Executive Board Concludes 2015 Article IV Consultation with Pakistan
On December 18, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Pakistan.
2016: year of corporate tax reform and fiscal transparency, Moscovici tells MEPs
2016 should be the year of corporate tax reform and fiscal transparency, tax Commissioner Pierre Moscovici told MEPs from the Special Committee on Tax Rulings and the Economic and Monetary Affairs Committee at a hearing on Monday evening. “We have a...
World Bank Supports Delivery of Inclusive Municipal Services Nationwide in FYR Macedonia
The World Bank Board of Executive Directors Monday approved a EUR 25 million IBRD loan for the Second Municipal Services Improvement Project (MSIP2) in FYR Macedonia. The project aims to improve transparency, financial sustainability, and inclusive...
IMF Managing Director Approves a Staff-Monitored Program for Iraq
The Managing Director of the International Monetary Fund (IMF) approved a Staff-Monitored Program (SMP) for Iraq covering the period of November 2015-December, 2016, on which the authorities and staff had reached ad-referendum agreement in November...
World Bank: Let Private Sector Help Vietnam’s Transport and Logistics
Vietnam’s evolving economy needs new strategies to maintain strong growth, and a World Bank report calls for the government to work with private sector importers, exporters and transport companies to improve freight logistics.
World Bank downgrades global growth in 2016; cites slowdown in major emerging economies
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