OECD Ministers reinforce importance of investment for strong, green and inclusive growth
OECD ministers have closed two days of discussions on how to unlock investment in order to promote strong, green and inclusive growth, boost productivity and create jobs.
Boosting Agriculture, Services and Value Chains is Key to Africa’s Competitiveness
African economies’ prospects for long-term, sustainable growth are under threat from weakness in the core conditions necessary for competitive and productive economies, despite outwardly healthy-looking growth rates in many parts of the region,...
OECD Ministers launch new framework to boost sustainable investment
OECD Ministers have endorsed updated guidelines to help national governments and regional groups create the right conditions to attract domestic and foreign investment.
IMF Staff Completes 2015 Article IV Mission to the United Arab Emirates
An International Monetary Fund (IMF) mission, led by Mr. Zeine Zeidane, visited the United Arab Emirates (UAE) from May 24 to June 4, 2015 for the annual Article IV discussions. The consultation will conclude with the preparation of a report that,...
IMF Staff Completes Review Mission to Kenya
A team from the International Monetary Fund (IMF), led by Mr. Mauro Mecagni, visited Kenya from May 20−June 2, 2015 to conduct discussions on the first review under the precautionary Stand-By Arrangement and an arrangement under the Stand-By Credit...
Global trade costs could drop dramatically if countries implement WTO Trade Facilitation Agreement, OECD says
Implementing the WTO Trade Facilitation Agreement (TFA) could reduce worldwide trade costs by anywhere from 12.5% to 17.5%, according to new OECD analysis, with the greatest benefits accruing in developing countries.
IMF Staff completes the 2015 Article IV Mission to Democratic Republic of the Congo
A staff team from the International Monetary Fund (IMF) led by Norbert Toé visited Kinshasa from May 20 to June 3 to conduct discussions on the 2015 Article IV consultation with the Democratic Republic of the Congo (DRC). The discussions covered...
EIB, World Bank Group, and EBRD Exceed Financing Targets for Central and South Eastern Europe
The European Investment Bank Group (EIB), the World Bank Group*, and the European Bank for Reconstruction and Development (EBRD) have met and even exceeded their commitments to make available at least EUR 30 billion in 2013 and 2014 to sustain growth...
Romania, with World Bank support, prepares to make the most of its agricultural potential in Europe
The Ministry of Agriculture and Rural Development (MADR) and the World Bank will hold a high-level conference to present the strategic vision for the future of Romania’s agriculture and rural sector. The event will take place on June 3 in Bucharest at...
IMF Managing Director Approves a Staff-Monitored Program for the Islamic Republic of Afghanistan
The Managing Director of the International Monetary Fund (IMF) has approved a Staff-Monitored Program (SMP) for the Islamic Republic of Afghanistan covering the period of April-December, 2015.