Finance & Economics

IMF Staff Completes 2015 Article IV Consultation and Fourth Post-Program Monitoring Mission to Antigua and Barbuda

An International Monetary Fund (IMF) mission, led by Mr. Meredith Arnold McIntyre, visited Antigua and Barbuda during October 19-30 to conduct the 2015 Article IV Consultation and Fourth Post-Program Monitoring review.

Global tourism grew by more than 4 per cent this year, UN tourism barometer shows

The number of tourists travelling the world during the first eight months of this year reached 810 million, a more than 4 per cent increase from the same period in 2014, thanks to “robust” travel to Europe, according to the United Nations World...

Central Asian Countries among Top Improvers in Doing Business 2016 report

On October 30, the World Bank Group hosted the regional launch of Doing Business 2016: Measuring Regulatory Quality and Efficiency in Central Asia. In this year’s report, Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan, implemented a total...

Mergers: Commission opens in-depth investigation into Hutchison's proposed acquisition of Telefónica UK

The European Commission has opened an in-depth investigation under the EU Merger Regulation to assess whether the proposed acquisition of Telefónica UK by Hutchison would harm competition. The Commission has concerns that the transaction could lead to...

Central Asian Countries among Top Improvers in Doing Business 2016 report

On October 30, the World Bank Group hosted the regional launch of Doing Business 2016: Measuring Regulatory Quality and Efficiency in Central Asia. In this year’s report, Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan, implemented a total...

IMF Staff Completes 2015 Article IV Mission to Nicaragua

A mission from the International Monetary Fund (IMF) headed by Mr. Gerardo Peraza visited Managua from 20 to 29 October 2015 in the context of the Article IV consultation. The mission met with officials from the Central Bank, the Ministry of Finance...

Effective regulation is a lever for inclusive growth

Governments should do more to improve the design and delivery of new laws, as even small efforts to fix regulatory shortcomings can have a tangible positive impact on economic activity and well-being, according to a new OECD report.

New G20/OECD Principles of Corporate Governance to promote trust and improve the functioning of capital markets in Asia

As part of continuing efforts to support market confidence and business integrity, the OECD has launched in Asia a new set of corporate governance principles that were endorsed at the G20 Finance Ministers meeting in September 2015.

World Bank Approves US$ 50 Million Project to Improve Education & Skills Training for Minority Communities in India

The World Bank Thursday approved a US$ 50 million credit for the Nai Manzil: Education and Skills Training for Minorities Project to help school drop-outs from minority communities complete their education and gain from market-driven training programs...

IMF Staff Completes 2015 Article IV Mission to Fiji

A mission from the International Monetary Fund (IMF) led by Mr. Roberto Guimarães-Filho visited Fiji from October 15-28 to conduct Article IV consultation discussions with the Fijian authorities.