Schulz on Cameron meeting: “I came to London to listen and to learn”
Martin Schulz (right) is greeted by British Prime Minister David Cameron outside number 10...
World Bank Approves $188 Million for Rehabilitation of Guddu Barrage
The World Bank on June 19 approved US$188 million to improve the reliability and safety of the Guddu Barrage and strengthen the Sindh Irrigation Department’s capacity to operate and manage the barrages.
IMF Staff Completes 2015 Article IV Mission to Ethiopia
“Ethiopia’s state-led development model has delivered rapid and broad-based growth over many years. It has also reduced poverty significantly, while keeping inequality low. The outlook for Ethiopia remains highly favorable, reflecting its significant...
IMF Completes Fifth, Sixth, and Seventh Reviews of Cyprus’ EFF and Approves €278.4 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) on June 19 completed the combined fifth, sixth and seventh reviews of Cyprus’s economic adjustment program supported by the Extended Fund Facility (EFF). The completion of these reviews...
EP negotiators welcome informal deal on technical aspects of rail reform package
An informal deal to remove the technical obstacles that differing national standards and procedures place in the way of rail operators and rolling stock manufacturers was struck by MEPs and EU and the Latvian Presidency of the Council of Ministers on...
Financial sector must promote inclusive growth
IMF Executive Board Approves New Two-Year US$5.45 Billion Flexible Credit Line Arrangement for Colombia
The Executive Board of the International Monetary Fund (IMF) on June 17 approved a successor two-year arrangement for Colombia under the Flexible Credit Line (FCL) in an amount equivalent to SDR 3.87 billion (about US$5.45 billion). The Colombian...
IMF Executive Board Concludes Article IV Consultation with Vanuatu
Real GDP is expected to decline by 2 percent this year because of the cyclone damage to Vanuatu’s main export sectors—tourism and agriculture—which will be only partially offset by reconstruction activities and infrastructure investment.
Albrecht on data protection reform: People will be better informed
Parliament and the Council are set to embark on informal talks to come up with a compromise on a reform of data protection rules. Although MEPs already adopted their position in March 2014, member states have only agreed an approach now. We talked to...
IMF Executive Board Completes Second Review Under the EFF with Seychelles and Approves US$2.3 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed Wednesday the second review of the arrangement under the Extended Fund Facility (EFF) with Seychelles. The completion of the review enables the disbursement of an amount equivalent...
