EU and IMF sign an Agreement for a €8 million Fiscal Reforms Program in Southeastern Europe
The European Union (EU) and the International Monetary Fund (IMF) signed a grant agreement for a €8 million (US$9 million) capacity development program on fiscal reforms in Southeastern Europe (SEE).
IMF Executive Board Concludes 2015 Article IV Consultation with The Bahamas
On June 8, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with The Bahamas.
Real GDP expanded by an estimated 1 percent in 2014 on the back of increased tourist arrivals, but growth...
Regional Integration to Help the Middle East and Africa Move Beyond Conflict and Achieve Greater Economic Growth—World Bank Group President
World Bank Group President Jim Yong Kim expressed strong commitment to the Middle East and Africa regions on June 10, praising the 26 member countries of the East African Community (EAC), the Common Market for Eastern and Southern Africa (COMESA), and...
World Bank: European Union’s and Croatia’s Recovery Is Strengthening, albeit Slowly and with Significant Risks
Economic growth is expected to continue to pick up across the European Union (EU), from zero in 2013 and 1.3 percent in 2014, to 1.8 percent and 2.0 percent in 2015 and 2016 respectively. Most Central and eastern European countries (EU-CEE) will...
Kazakhstan Signs Loan Agreement on Fostering Productive Innovation Project
Bakhyt Sultanov, Minister of Finance of the Republic of Kazakhstan (left), and Ludmilla Butenko, World Bank Country...
IMF Executive Board Concludes 2015 Article IV Consultation with Tajikistan
On June 1, 2015 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Tajikistan.
Growth has been strong and poverty has fallen in the past decade, though Tajikistan faces rising vulnerabilities...
Emerging Economy Infrastructure Investments with Private Participation Hit $107.5 Billion in 2014 in Energy, Transport and Water
Total infrastructure investments in 139 emerging economies – for projects with private participation in the energy, transport and water sectors – rose to US$107.5 billion in 2014, driven largely by increasing activity in Brazil, according to an update...
IMF Announces Staff Level Agreement with Kosovo on a New Stand-By Arrangement
An International Monetary Fund (IMF) mission, led by Mr. Jacques Miniane, visited Pristina during May 28 - June 9 to discuss the authorities’ economic reform program, which could be supported by a Stand-By Arrangement.
New Zealand economy performing well, but sustaining high levels of growth and well-being will require further reforms
The New Zealand economy has performed well in recent years, but bottlenecks in housing and urban infrastructure, inequalities in living standards and rising environmental pressures all pose challenges for sustaining robust growth and high levels of...
IMF Staff Concludes Visit to Azerbaijan
A mission of the International Monetary Fund (IMF) led by Raja Almarzoqi visited Baku during June 2-8, 2015, to assess macroeconomic developments and prepare for the Article IV Consultation mission in December 2015.
