A Housing Project to Benefit 1.6 Million Poor Egyptians, Improve Access and Finance, Boost Economic Growth and Job Creation
A new US$500 million project will improve access to homeownership and rental units for low-income households in Egypt. The Egypt Inclusive Housing Finance Program, approved by the World Bank’s Board of Directors on May 5, will reach 3.6 million people...
IMF Executive Board Concludes Third Post Program Monitoring Discussion with Sri Lanka
On April 29, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the third Post-Program Monitoring (PPM) discussion with Sri Lanka.
Guinea Bissau: IMF Mission Concludes Article IV Consultation and Reaches Staff Level Agreement on Financial Assistance under the ECF
An International Monetary Fund (IMF) mission led by Felix Fischer visited Bissau from April 23 to May 05, 2015, to conduct discussions for the 2015 Article IV consultation and to discuss possible financial support from the IMF.
World Bank Provides $200 Million Support to Improve Livelihoods of the Poorest Population in Rural Bangladesh
The Government of Bangladesh Tuesday signed a $200 million financing agreement with the World Bank for the Nuton Jibon Livelihood Improvement Project to improve livelihoods for about five million rural poor.
Cohesion policy: helping poorer regions to kickstart employment and growth
The EU's cohesion strategy helps poorer regions catch up with richer ones by stimulating growth and employment. When European governments started to cut back spending due to the crisis, the EU's cohesion funding helped to support critical investment,...
Sierra Leone: 126,000 People to Benefit from Cash Grants through New Social Safety Net Program
The Government of Sierra Leone in collaboration with the World Bank and UNICEF had established a Social Protection Policy in 2011 which has culminated into a Social Safety Net programme to support extremely poor households and vulnerable communities...
Slovenia needs to increase reform efforts for a return to stronger growth
IMF Executive Board Completes the Sixth Review Under the SBA for Jordan
On April 24, 2015, the Executive Board of the International Monetary Fund (IMF) completed the sixth review of Jordan’s three-year economic program supported by a Stand-By Arrangement (SBA). The completion of the sixth review enables the immediate...
Statement of the European Central Bank following the conclusion of the third post-programme surveillance mission to Ireland
Staff from the European Commission, in liaison with staff from the European Central Bank (ECB), visited Ireland to carry out the third post-programme surveillance (PPS) mission from 27 April to 1 May. This was coordinated with the International...
Ghana: World Bank Mobilizes New Financing to Scale-up Electricity Access, Strengthen ECG’s Finances & Improve Service Delivery
The World Bank Group’s Board of Executive Directors approved a US$60 million International Development Association (IDA) credit for Ghana to improve the Electricity Company of Ghana’s (ECG) financial performance, minimize its commercial losses, and...
