IMF Executive Board Concludes 2015 Article IV Consultation with the People’s Republic of China
On July 22, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the People’s Republic of China.
Bank Deleveraging Slowed Down in Eastern Europe while Capital Outflows Moderated
Banks in Central, Eastern and Southeastern Europe (CESEE) reduced the pace of deleveraging in the first quarter of 2015 compared with the previous quarter, and the related capital outflows moderated. Credit growth continued to diverge across the CESEE...
Statement by IMF Managing Director Christine Lagarde on Greece
The policy package specified in the Memorandum of Understanding (MoU) recently agreed between the Greek authorities and European institutions, with input from Fund staff, is a very important step forward. It not only reverses much of the policy...
50-plus employment rate at record high
New figures released in UK this week show that the number of people aged between 50 and 64 who have a job rose by 50,000 during the last quarter.
And there are 235,000 more people aged in this age group in work than there were a year ago.
Powering Senegal: World Bank Group Supports Government Effort to Meet Increasing Electricity Demand
The Republic of Senegal and Senelec (Société National d'Éléctricité du Sénégal) signed a guarantee on August 14 for the Tobene Power Project with the World Bank Group’s International Development Association (IDA), Tobene Power S.A., Citibank and BNP...
IMF Executive Board Concludes 2015 Article IV Consultation with Spain
On July 27, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Spain.
Solutions for Youth Employment Sets Ambitious Goal
To mark International Youth Day, the Solutions for Youth Employment (S4YE) coalition is launching an ambitious five-year strategy that will tackle major challenges of youth employment worldwide.
Iran: Lifting of Sanctions Will Lower Oil Prices and Boost Domestic Economy If Managed Well
Lifting sanctions related to Iran’s nuclear program will have a significant impact on the world oil market, the Iranian economy and Iran’s trading partners. Iran’s full return to the global market will eventually add about a million barrels of oil a...
Stable growth momentum in the OECD area but slowing expected in China
Stable growth momentum in the OECD area
IMF Staff Completes 2015 Article IV Mission to Togo
An International Monetary Fund (IMF) staff team led by Cemile Sancak visited Lomé from July 24 to August 6 to conduct the 2015 Article IV consultation.