Stronger Recovery and Declining Poverty in EU and Croatia, but Hurdles to Faster, Sustained Growth are High – World Bank
The economic recovery in the European Union (EU) is gaining strength, but the pace of growth continues to be modest, despite accommodative monetary policy and favorable financial conditions, and investment remains subdued, says the new World Bank EU...
INA and UNESCO conclude agreement to safeguard, digitize and make accessible 70 hours of audiovisual programming
Tuesday the World Bank Board of Executive Directors has approved US$70 million in support of the Government of Mozambique’s State Budget and its 5-year plan (Plano Quinquenal do Governo – PQG). This International Development Association (IDA) funding...
World Bank Supports Mozambique in Harnessing the Transformative Potential of its Growth through Smart Reforms
Tuesday the World Bank Board of Executive Directors has approved US$70 million in support of the Government of Mozambique’s State Budget and its 5-year plan (Plano Quinquenal do Governo – PQG). This International Development Association (IDA) funding...
IMF Staff Completes 2015 Article IV Mission to Botswana
An International Monetary Fund (IMF) staff team, led by Enrique Gelbard visited Gaborone during December 7–22 for discussions on the 2015 Article IV Consultation with Botswana.
IMF Executive Board Concludes 2015 Article IV Consultation with Iran
On December 7, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Iran.
The sharp decline in global oil prices, tight corporate and bank balance sheets, and postponed consumption and...
China: Faster, Greener and Safer Urban Transport for Residents in Tianjin and Urumqi
Residents in Tianjin Municipality and Urumqi City in Xinjiang Uyghur Autonomous Region will benefit from faster, greener and safer urban transport with support of two loans approved Monday by the World Bank’s Board of Executive Directors.
IMF Executive Board Completes Third Review Under the Extended Fund Facility Arrangement for Seychelles, and Approves US$2.3 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) Monday completed the third review under the Extended Fund Facility arrangement (EFF) with Seychelles. The completion of the review enables a disbursement of SDR 1.635 million (about US$2.3...
World Bank Signs US$1 Billion Development Finance to Support Economic Reforms in Egypt
Egypt and the World Bank signed on Saturday US$1 billion in a development policy finance operation for Egypt to support the Government’s economic reforms program across key economic areas.
IMF Executive Board Completes Fifth PSI Review, Approves US$282.9 Million Credit Facility and Concludes 2015 Article IV Consultation with Mozambique
On December 18, 2015, the Executive Board of the International Monetary Fund (IMF) completed the fifth review of Mozambique’s economic performance under the program supported by the Policy Support Instrument (PSI).
New Project to Create Jobs by Supporting Start-Ups and Developing Skills of Youth and Women in Palestine
The World Bank Group’s Board of Executive Directors approved on Friday a US$5 million grant focused on job creation in Palestine. The Finance for Jobs project aims at catalyzing private investment in high potential sectors for job creation.
