Statement by IMF Managing Director Christine Lagarde at the Conclusion of a Visit to Nigeria
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement in Abuja Thursday at the conclusion of her visit to Nigeria:
My visit to Nigeria has been extremely fruitful and informative. I...
Anemic recovery in emerging markets to weigh heavily on global growth in 2016
Weak growth among major emerging markets will weigh on global growth in 2016, but economic activity should still pick up modestly to a 2.9 percent pace, from 2.4 percent growth in 2015, as advanced economies gain speed, according to the World Bank’s...
IMF Managing Director to Visit Nigeria and Cameroon
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), will visit Nigeria and Cameroon during January 4–9, 2016, to engage with policy makers and other stakeholders in both countries and from the region and to underline the...
The trade part of the EU-Ukraine Association Agreement becomes operational on 1 January 2016
On 1 January 2016, the European Union (EU) and Ukraine will start applying the Deep and Comprehensive Free Trade Area (DCFTA) which forms part of the Association Agreement signed in June 2014. The rest of the Association Agreement has already been in...
Government of India and World Bank Sign US$ 50 Million Project to Improve Education & Skills Training for Minority Communities in India
The Government of India and the World Bank on December 30, 2015 signed a US$ 50 million credit for the Nai Manzil: Education and Skills Training for Minorities Project to help young people from minority communities complete their education and gain...
Government of India and World Bank Sign US$ 50 Million Project to Improve Education & Skills Training for Minority Communities in India
The Government of India and the World Bank on December 30, 2015 signed a US$ 50 million credit for the Nai Manzil: Education and Skills Training for Minorities Project to help young people from minority communities complete their education and gain...
IMF Executive Board Concludes 2015 Article IV Consultation with Djibouti
On December 4, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation discussions with Djibouti, and considered and endorsed the staff appraisal without a meeting.
Project Signing: World Bank Provides $177 Million to Increase Low-Cost Electricity Supply in Bangladesh
The Government of Bangladesh Sunday signed a $177 million additional financing agreement with the International Development Association (IDA) to complete the ongoing construction of a 335 megawatt combined cycle power plant at Siddhirganj, near Dhaka...
An Additional US$22 Million in Budget Support to the Palestinian Authority
The World Bank has transferred an amount of about US$22 million to the Palestinian Authority from the Palestinian Reform and Development Plan Trust Fund (PRDP-MDTF), a multi-donor budget support mechanism administered by the Bank.
Philippines: New Initiative to Boost Resilience Against Natural Disasters
A new contingent line of credit to support the Philippines’ efforts to manage the risks posed by natural disasters was approved by the World Bank Group’s Board of Executive Directors on December 22.