Finance & Economics

Supporting Energy Efficiency and Renewable Energy in Gulf Countries to Increase Competitiveness

Government officials, international experts and development practitioners agreed that energy efficiency and renewable energy investments have the potential to build resilient economies of the GCC. The Forum, hosted by Oman and organized by the World...

IMF Staff Concludes Visit to the Kyrgyz Republic

An International Monetary Fund (IMF) mission led by Edward Gemayel visited Bishkek from May 21-27, 2015. The visit took as part of a regular dialogue with the authorities to assess the performance of the Kyrgyz economy, following approval on April 8...

On the Road to Europe: Western Balkans Launches New Financial Reporting Program to Meet EU Standards and Stimulate Growth

Senior officials including deputy ministers of finance of six South East European countries* and senior representatives of the World Bank and the European Commission are meeting on May 27th and 28th in Vienna to take stock of financial reporting...

Governments must step up efforts to tackle youth unemployment

More than 35 million young people, aged 16-29, across OECD countries are neither employed nor in education or training (NEET). Overall, young people are twice as likely as prime-age workers to be unemployed. Governments need to do more to give young...

IMF Executive Board Concludes 2015 Article IV Consultation with Peru

On May 20, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Peru.

Peru remains one of the best performing economies in Latin America, with solid macroeconomic policies and...

IMF Executive Board Concludes 2015 Article IV Consultation with Switzerland

On May 18, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Switzerland.

CO2 market fix: Environment Committee MEPs back deal with Council

A reform of the EU Emissions Trading Scheme (ETS), informally agreed with the Latvian Presidency of the Council of Ministers, was backed by the Environment Committee on Tuesday. The reform aims to reduce the surplus of carbon credits available for...

OECD GDP growth slows to 0.3% in the first quarter of 2015

Gross domestic product
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Percentage change on the previous quarter, seasonally adjusted data

Statement at the Conclusion of the 2015 Article IV Consultation Mission to the Philippines

An International Monetary Fund (IMF) 2015 Article IV Consultation mission led by Chikahisa Sumi visited Manila during May 14−26. The mission met with the Governor of the Bangko Sentral ng Pilipinas, the Secretaries of Finance, Budget and Management,...

IMF Staff Completes the 2015 Article IV Consultation Mission to China

A mission from the International Monetary Fund (IMF), led by Mr. Markus Rodlauer, Deputy Director of the Asia and Pacific Department, visited Beijing, Shanghai and Taiyuan from May 14 to 27 to conduct discussions on the annual Article IV review of the...