Latvia Is Addressing Challenges of Aging, But Efforts Should Be Intensified, Says World Bank
On October 1, the World Bank presented its new report The Active Aging Challenge for Longer Working Lives in Latvia, prepared in cooperation with the Ministry of Welfare of the Republic of Latvia.
IMF Executive Board Completes Sixth Review under Stand-By Arrangement for Tunisia
The Executive Board of the International Monetary Fund (IMF) Wednesday completed the sixth review of Tunisia’s economic performance under a 24-month program supported by a Stand-By Arrangement (SBA). The completion of the sixth review enables the...
Russia Economic Report 34: Balancing Economic Adjustment and Transformation
The continued impact of the lower oil prices in a context of ongoing international sanctions will cause the Russian economy to contract by an estimated 3.8 percent in 2015, the World Bank said Wednesday in its latest Russia Economic Report launched in...
Viet Nam has made remarkable agricultural progress, but further policy action is required to address new and emerging challenges
Economic reforms have generated impressive results in the Vietnamese agricultural sector, as farm production more than tripled over the 1990-2013 period, lifting rural incomes, reducing poverty, combatting under-nourishment and sending agro-food...
Urbanization offers Sri Lanka Major Economic Opportunity, World Bank says
South Asian countries, including Sri Lanka, can benefit from urbanization as a major opportunity to transform their economies and join the ranks of richer nations, according to a World Bank report.
IMF Executive Board Completes Eighth Review under the EFF for Pakistan
The Executive Board of the International Monetary Fund (IMF) on September 28, 2015 completed the eighth review of Pakistan’s economic performance under a 36-month program supported by an Extended Fund Facility (EFF) arrangement. The Executive Board’s...
Palestinians Getting Poorer for Third Year in a Row– World Bank Report Calls for Urgent Measures to Reverse Trend
Reduced donor aid, war, suspension of revenue payments and ongoing restrictions by the Government of Israel have had a severe impact on the Palestinian economy. The World Bank economic report to the Ad Hoc Liaison committee (AHLC), a forum of donors...
IMF Concludes Staff Visit to the Democratic Republic of São Tomé and Príncipe
An International Monetary Fund (IMF) team, led by Mr. Maxwell Opoku-Afari, IMF Mission Chief for São Tomé and Principe, visited São Tomé and Príncipe from September 23-29, 2015, to discuss recent economic developments and support the preparation of...
World Bank Group’s New Strategy Supports Côte d’Ivoire in Boosting the Economy and Eliminating Long-Standing Disparities
The World Bank Group’s Board of Executive Directors Tuesday endorsed a Country Partnership Framework (CPF) for Côte d’Ivoire for 2015-2019. The CPF proposes a World Bank lending program of up to US$1 billion and International Finance Corporation (IFC...
Parliament reverses Council cuts to draft 2016 budget, adds funds for migration, jobs, youth
Council cuts in EU 2016 budget funding for refugees and agencies dealing with migrants were reversed by Budgets Committee MEPs in votes on Monday and Tuesday. MEPs also added funding for youth employment programmes, the Erasmus + student mobility...
