G20 leaders endorse OECD measures to crackdown on tax evasion, reaffirm its role in ensuring strong, sustainable and inclusive growth
The leaders of the world’s 20 largest economies Monday endorsed overhauled global standards to crackdown on tax evasion and recognised the important contribution made by the OECD to help the Turkish presidency in achieving the goal of more inclusive...
IMF Executive Board Completes Third and Fourth Review of Sierra Leone’s Arrangement under the Extended Credit Facility, and Approves US$46.14 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) Monday completed the third and fourth reviews of Sierra Leone's performance under a three-year arrangement under the Extended Credit Facility (ECF) and approved an augmentation of access of...
Statement by the European Commission, the ECB and the IMF on Cyprus
Staff teams from the International Monetary Fund (IMF) and the European Commission (EC), in liaison with the European Central Bank (ECB), visited Nicosia during November 3-13 to review Cyprus’s economic reform program. Cyprus’s program, which is...
Taxing issue: multinationals respond to EP proposals to make them pay their fair share
€1 trillion a year: that's how much tax evasion and tax avoidance is costing European tax payers every year, according to the European Commission. Parliament set up a special committee to investigate these practices in the wake of the Luxleaks...
Budget 2016 deal: Parliament ensures more funding for refugees and jobs
The European Parliament has reached a provisional deal with the Council on the 2016 European budget in the early hours of Saturday. Parliamentary negotiators fought for more money for the migration, jobs and competitiveness priorities of the...
IMF Staff Concludes Review Mission to Jamaica
An International Monetary Fund (IMF) mission led by Uma Ramakrishnan visited Jamaica from November 4-13, 2015, to conduct discussions on the tenth review of Jamaica’s IMF-supported program under the Extended Fund Facility (EFF).
Statement of European Central Bank following the conclusion of the fourth post-programme surveillance mission to Ireland
Staff from the European Commission, in liaison with staff from the European Central Bank, visited Ireland to carry out the fourth post-programme surveillance (PPS) mission from 9 to 13 November. This was coordinated with the International Monetary...
Finland: The EIB supports the construction of the Tampere tunnel
The European Investment Bank (EIB) is providing a EUR 100m loan to the City of Tampere for the construction of a 2.3 km road tunnel – the longest in Finland – and the related interchanges and road improvements. The Tampere tunnel will be under...
ECB ready to do more if inflation outlook weakens, Draghi tells MEPs
Monetary Dialogue with Mario Draghi, President of the European Central Bank
WB/Bolivia: Road Rehabilitation to Benefit 3.5 Million People
The World Bank (WB) Board of Executive Directors approved US$225 million in financing Thursday to improve road sector management in Bolivia, as well as management of the Primary Road Network, particularly the Trinidad-Santa Cruz stretch. The Road...
