IMF Staff Completes 2015 Article IV Mission to Angola
An International Monetary Fund (IMF) mission led by Ricardo Velloso, visited Luanda from August 12-25, 2015, to conduct discussions for the 2015 Article IV consultation.
IMF Staff Concludes Review Mission to Jamaica
An International Monetary Fund (IMF) mission led by Uma Ramakrishnan visited Jamaica from August 12-21, 2015, to conduct discussions on the ninth review of Jamaica’s IMF-supported program under the Extended Fund Facility (EFF).
IMF and USAID Strengthen Cooperation on Capacity Development
The United States Agency for International Development (USAID) and the International Monetary Fund (IMF) have signed a Memorandum of Understanding (MOU) that enables the two organizations to enhance their close cooperation in capacity development. IMF...
World Bank Debars Shandong Taikai Power Engineering Company Limited for a Period of 18 Months
The World Bank Group announced the debarment of Shandong Taikai Power Engineering Company Limited for a period of 18 months following the company’s involvement in fraudulent practices relating to the World Bank-financed Electricity Sector Development...
Access to Financial Services – A Key to Lifting People Out of Poverty
Malaysia has achieved one of the highest levels of financial inclusion among Southeast Asia countries, due in part to policies taking advantage of mobile phones and banking agents to expand access, according to a recent World Bank report discussed at...
Increasing tax revenues is crucial to development in emerging Asian economies
Increasing tax revenues and ensuring sustainable domestic resource mobilisation will be critical as emerging Asian economies seek to boost the provision of public goods and services and improve economic growth and living standards.
IMF Executive Board Concludes 2015 Article IV Consultation with Iraq
On July 29, the Executive Board of the International Monetary Fund (IMF) concluded the 2015 Article IV consultation with Iraq.
Iraq is facing a double shock arising from the ISIS insurgency and the plunge in global oil prices. In 2014, real GDP...
IMF Executive Board Concludes 2015 Article IV Consultation with Saudi Arabia
On July 29, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Saudi Arabia.
the G-20. Rising oil prices and production resulted in large external and fiscal surpluses and strong...
Poverty Reduction for Lao PDR Receives Boost from Further World Bank Financing
The Government of Lao PDR and the World Bank Monday signed agreements for three projects aiming to improve the efficiency and reliability of electricity, to improve women’s and children’s health and nutrition, and to enable the construction of vital...
South Africa’s Changing Demographic Could Lift Growth to 5.4% by 2030
Taking advantage of its growing working-age population could help accelerate South Africa’s growth to 5.4 percent a year and double per capita incomes by 2030, according to the South Africa Economic Update released by the World Bank on August 17.
