World Bank Group Vice-Presidents Visit Uzbekistan, Highlight Achievements, Discuss Job Creation
World Bank Group Vice Presidents Mr. Cyril Muller and Mr. Dimitris Tsitsiragos concluded their visit to Uzbekistan Saturday noting the country’s considerable growth, diversification, and poverty reduction in the past decade. They also reaffirmed the...
IMF Managing Director Christine Lagarde Discusses Economic Challenges with GCC Countries
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement Sunday at the conclusion of a meeting in Qatar with the finance ministers and central bank governors of the Gulf Cooperation Council (GCC...
The EIB invests USD 126 million to improve drinking water availability and strengthen the electricity backbone network in Jordan
The European Investment Bank (EIB) signed two loan agreements worth USD 126 million for financing two projects in the water and energy sectors on 08 November in Jordan to support sustainable economic and social development in the country.
Benefit cap: tens of thousands move into work or off Housing Benefit
Around 28,000 people who have had their benefits capped have moved into work, reduced their Housing Benefit claim or no longer claim Housing Benefit, according to new figures.
EU to pursue the most ambitious sustainable development, labour and environment provisions in TTIP
Trade is not just about our economic interests, but also about values. That's why we are proposing a very ambitious approach to sustainable development in the EU-US trade talks.
Germany should work to meet its aid goal and its geographic priorities
Germany’s foreign aid is at a record high and rising, but more effort will be needed to reach an internationally agreed donors’ target and fulfil Germany’s own goal to send more aid to the neediest countries, according to a new OECD Review.
IMF Mission Completes the 2015 Article IV Consultation and Ninth Review Mission Under an EFF to Pakistan
An International Monetary Fund (IMF) staff mission, led by Harald Finger, visited Dubai and Islamabad during October 26–November 5, 2015 to conduct discussions with the Pakistani authorities on the Article IV Consultation and the ninth review of their...
Business Reforms Accelerate in Bhutan, Creates Opportunity to Realize Development Goals
Efforts to improve the business climate in Bhutan accelerated during the past year and have helped it to be the highest ranking country in the South Asia Region at 71 out of 189 countries ranked worldwide, says the World Bank Group’s annual ease of...
IMF Executive Board Approves 3-Month Extension of the Extended Credit Facility Arrangement for Liberia
The Executive Board of the International Monetary Fund (IMF) approved on October 14, 2015—the decision was taken without an Executive Board meeting1—a 3 month-extension of Liberia’s Extended Credit Facility (ECF) Arrangement to February 18, 2016.
Vietnam needs a better mix and greater efficiency of energy sources to meet future demand
Greater energy efficiency, expansion in renewables, and increased power trading in Asia could help Vietnam meet an expected 7-10 percent increase a year in power demand through 2030, participants at a conference said on Wednesday, as a report was...
