World Bank Supports Moldova’s Fruit Farmers
The World Bank’s Board of Executive Directors Tuesday approved a US$12 million additional financing to the Republic of Moldova for the Agriculture Competitiveness Project, which will support small-scale farmers in coping with difficulties in exporting...
IMF Executive Board Approves FY2016–FY2018 Medium-Term Budget
On April 23, 2015, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2016, beginning May 1, 2015, and took note of indicative budgets for FY2017–18.
World Bank: The Trade Challenge for Latin America and the Caribbean
Back in the 1980’s, trade ties for Latin America and the Caribbean were very similar to those of East Asia -- thin and focused on a single key player in the North, United States and Japan, respectively. On May 19, East Asia’s trade network is much...
IMF Approves 7-Month Extension of the Stand-By Arrangement for Tunisia
The Executive Board of the International Monetary Fund (IMF) approved on May 11, 2015—the decision was taken without an Executive Board meeting—a 7 month-extension of Tunisia’s Stand-By Arrangement (SBA) to December 31, 2015. The extension will...
IMF Staff Completes Review Mission to Niger
An International Monetary Fund (IMF) mission led by Cheikh Anta Gueye visited Niamey from April 27 to May 8, 2015 for the sixth review of Niger’s financial and economic program supported by the Extended Credit Facility (ECF). The ECF arrangement for...
Benchmarks: restoring confidence in the financial markets
Benchmarks are widely used to track market developments, however financial scandals involving benchmarks such as Libor and Eurobibor have shown that they are susceptible to manipulation.On 18 May MEPs debate new rules to ensure the full transparency...
IMF Executive Board Concludes 2015 Article IV Consultation with the Federated States of Micronesia
On May 11, the Executive Board of the International Monetary Fund (IMF) concluded the 2015 Article IV consultation1 with the Federated States of Micronesia (FSM).
Private Sector, Infrastructure and Continued Reforms Key to Jumpstarting Growth in El Salvador
Private sector leadership, infrastructure development and productivity-enhancing reforms are essential to kick-start growth in El Salvador, participants of the forum “Building Opportunities for Employment, Investment, and Growth” in San Salvador said...
World Bank and International Investment Bank Foster Collaboration
The International Bank for Reconstruction and Development (IBRD) and the International Investment Bank (IIB) have launched the implementation of a Memorandum of Understanding (MoU) to set the framework for collaboration between the two development...
IMF Staff Completes Combined 2015 Article IV and Fourth PSI Review Mission to Uganda
A team from the International Monetary Fund (IMF) led by Ana Lucía Coronel, IMF mission chief and senior resident representative for Uganda, visited Kampala to conduct the 2015 Article IV consultation and the fourth review of Uganda’s economic program...
