IMF Executive Board Concludes Fourth Post-Program Monitoring with Sri Lanka
On November 13, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Fourth Post-Program Monitoring (PPM) with Sri Lanka.
Recent economic developments reflect a more challenging external environment as well as a...
Power Sector Pivotal to Inclusive Growth in Zambia
Following successive years of political stability and strong economic growth, Zambia’s growth is expected to fall below 4% in 2015 after years of 6.4% average growth between 2010 and 2014, according to the sixth World Bank Zambia Economic Brief.
World Bank Supports Armenia to Enhance its Competitiveness and Sustainability
The World Bank Board of Executive Directors approved Wednesday a US$50 million loan for the Third Development Policy Financing (DPF-3) for Armenia to support a wide range of reforms promoting fiscal, social and environmental sustainability and...
IMF Executive Board Completes Eighth Extended Credit Facility Review for Côte d'Ivoire and Approves US$67.7 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) Wednesday completed the eighth and last review under the Extended Credit Facility (ECF) Arrangement for Côte d’Ivoire. The completion of the review enables the immediate release of SDR 48.78...
Continuing Slowdown in Emerging Markets Heralds Lengthy Era of Weak Growth
As the U.S. Federal Reserve considers an imminent rise in interest rates ahead of 2016, emerging markets face their fifth consecutive year of slowing growth and a possibly longer period of sluggish performance than previously thought, according to a...
Incomes Growth in Rural Botswana Lifts Thousands out of Poverty and Decreases Inequality
Thousands of Batswana rose out of poverty thanks to increased growth in rural areas driven in part by rising agricultural incomes and welfare improvements, according to a World Bank Study released Tuesday in Gaborone.
IMF Staff Statement at the End of a Review Mission to Georgia
An International Monetary Fund (IMF) mission led by Mark Griffiths visited Tbilisi November 9-21, 2015 to conduct discussions on the second and third reviews under Georgia’s Stand-By Arrangement (SBA) with the IMF.
Stable growth momentum in the OECD area but mixed outlook for major emerging economies
Stable growth momentum in the OECD area
Indonesia: Rising Inequality Risks Long-Term Growth Slowdown
Inequality in Indonesia is climbing faster than in most of its East Asian neighbors, raising the concerns of many Indonesians, says a new World Bank report.
IMF Executive Board Completes the First Review Under the Extended Credit Facility Arrangement for the Kyrgyz Republic and Approves US$13.2 Million Disbursement
On December 4, 2015, the Executive Board of the International Monetary Fund (IMF) completed the first review of the Kyrgyz Republic’s economic performance under the three-year arrangement under the Extended Credit Facility (ECF). The Board’s approval...
