IMF Concludes 2015 Article IV Consultation Mission to Myanmar
An International Monetary Fund (IMF) team led by Mr. Yongzheng Yang visited Myanmar during June 17 to July 1 to hold the 2015 Article IV consultation discussions. The team met with Vice President U Nyan Tun, Deputy Governors of the Central Bank of...
Global Food Prices Drop to a Five-Year Low
International food prices decreased by 14% between August 2014 and May 2015, dropping to a five-year low, according to the latest edition of Food Price Watch.
President Schulz on EU proposals: "A hand stretched to the Greek people"
EP President Martin Schulz said the EU institutions are appealing to the Greek people to vote in favour of their proposals during Sunday's referendum. Speaking about proposals made to continue economic support for the country, Schulz said Monday this...
Poverty Continued to Decline, Falling from 27.4 Percent in 2012 to 21.6 Percent in 2014
Ever since 2002, the National Statistical Office (NSO) and the World Bank have engaged in extensive co-operation involving building capacity of the statistical staff on developing a methodology for Household Income Expenditure and Living Standards...
IMF Executive Board Concludes 2015 Article IV Consultation with Lebanon
On June 26, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Lebanon.
World Bank Approves $650 Million for the Eastern Dedicated Freight Corridor Project, India
The World Bank Board Tuesday approved $650 million towards the third loan for the Eastern Dedicated Freight Corridor (a freight-only rail line) that will help faster and more efficient movement of raw materials and finished goods between the northern...
Foreign banks’ funding to Emerging Europe continued to decline in late 2014, but trend may be reversing, new report shows
The decline in Western banks’ funding to Central, Eastern, and Southeastern Europe (CESEE) accelerated in the fourth quarter of 2014, while domestic credit growth remained lackluster in much of the region, but this trend may have started to reverse in...
Lower Trade Barriers, Stronger Global Trading System Can Help End Extreme Poverty
A greater and more sustained effort to deepen the integration of developing countries into the global trading system through lower trade costs and fewer barriers between countries is essential to eliminating extreme poverty, according to a joint...
Statement by an IMF Mission to Albania
An International Monetary Fund (IMF) mission led by Nadeem Ilahi visited Tirana during June 17-30, 2015 to conduct discussions on the fifth review of Albania’s Extended Fund Facility (EFF) arrangement.
EP this week: Greece, TTIP, corporate tax, aviation safety
MEPs have another busy week ahead of them.