IMF Executive Board Concludes Annual Discussions on CEMAC Countries’ Common Policies
On July 17, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the annual discussions on Common Policies and Challenges of Member Countries with the Central African Economic and Monetary Community (CEMAC).
UK new commissioner to tackle late payment culture
UK's proposals for a new Small Business Commissioner to lead a culture change in how small businesses resolve disputes with larger companies have been set out on 26 July.
Trillion-euro global high-tech trade deal agreed
The European Union, the United States, China and the vast majority of the World Trade Organization (WTO) members that were participating in the negotiations agreed on 24 July to eliminate custom duties on 201 high-tech products. The extension of the...
World Bank to Support Poland’s Economic Growth and Resilience with €912.7 Million Loan
The World Bank Group’s Board of Executive Directors Thursday approved a €912.7 million (approximately $1 billion) Second Resilience and Growth Development Policy Loan (DPL2) for Poland to support Poland’s economic growth and resilience, leading to...
IMF Executive Board Concludes 2015 Article IV Consultation with Japan
On July 17, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Japan.
A modest economic recovery is underway. GDP is expected to grow at an above-potential pace this year (0.8 percent...
IMF Executive Board Concludes 2015 Article IV Consultation with Czech Republic
On July 15, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Czech Republic and considered and endorsed the staff appraisal without a meeting.
IMF Executive Board Concludes 2015 Article IV Consultation with the Republic of Equatorial Guinea
On July 20, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Equatorial Guinea.
Statement on World Bank’s $2.1 billion Support to Nigeria
On Tuesday, July 21, 2015 the World Bank Group President Jim Kim held a meeting with Nigerian President Muhammadu Buhari at Blair House in Washington, D.C. In the meeting it was indicated that Nigeria has up to USD $2.1 billion of uncommitted...
Commodity Prices Expected to Remain Weak in 2015 Despite Slight Rebound in Oil Price
The World Bank is nudging up its 2015 forecast for crude oil prices from $53 in April to $57 per barrel after oil prices rose 17 percent in the Apr-Jun quarter, according to the Bank’s latest Commodity Markets Outlook, a quarterly update on the state...
IMF Executive Board Concludes 2015 Discussion on Common Policies of Member Countries of the Eastern Caribbean Currency Union
On June 15, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the 2015 discussion on the common policies of member countries of the Eastern Caribbean Currency Union (ECCU).