OECD Unit Labour Cost growth steady at 0.1% in the second quarter of 2015
Early Estimates of Quarterly Unit Labour Costs
Seasonally adjusted data, Total economy
Support to fossil fuels remains high and the time is ripe for change
IMF Executive Board Completes 2015 Article IV Consultation with Myanmar
On August 28, the Executive Board of the International Monetary Fund (IMF) concluded the 2015 Article IV consultation with Myanmar.
United States Intervenes in False Claims Act Lawsuit against Mississippi Hospital, Two Individuals and Management Company for Overcharging Medicare Program
The United States has intervened in a lawsuit and filed a complaint against H. Ted Cain, Julie Cain, Corporate Management Inc. and Stone County Hospital Inc. for submitting false claims to the Medicare program by knowingly charging excessive and...
IMF Staff Concludes Visit to Sri Lanka
A staff mission led by Todd Schneider visited Colombo from September 8–18 to conduct Post-Program Monitoring discussions. This enhanced surveillance is routine for countries that have had “exceptional access” to IMF resources, as is the case for Sri...
Development banks confirm multi million dollar backing for African Renewable Energy Fund
The African Renewable Energy Fund (AREF), a dedicated renewable energy fund focused on sub-Saharan Africa successfully reached its final close on 18 September at its hard cap, with USD200 million of committed capital to support small to medium scale...
The positive effects expected from the Macron Law show that France must pursue its structural reform initiatives
In a note presented to French Economy Minister Emmanuel Macron on September 18 (only available in French), the OECD estimates that five sets of measures in the Macron Law – the reform of regulated professions, the extension of Sunday and evening...
World Bank and Switzerland to Support South African Cities
The World Bank Group and the Embassy of Switzerland signed a $9 million Trust Fund agreement to support South Africa’s efforts to improve the performance of its large cities by making them more inclusive, productive and sustainable on September 18.
Mongolia’s Rural Communities to Play Greater Role
Rural residents in Mongolia will benefit from a $34.1 million program funded by World Bank and Swiss Agency for Development and Cooperation (SDC) that aims to make the government funding process more transparent and more responsive to community needs...
IMF Staff Concludes Visit to Egypt
An International Monetary Fund (IMF) team led by Chris Jarvis visited Cairo during September 13–17, 2015 to review recent economic developments since the Article IV Consultation mission in November 2014 and discuss with the authorities their planned...
