Finance & Economics

Zimbabwe—IMF Management Completes First Review of Staff-Monitored Program

On April 8, 2015, the Management of the International Monetary Fund (IMF) completed the first review under the Staff-Monitored Program (SMP) with Zimbabwe.

OECD employment rate increases to 65.9% in fourth quarter of 2014, 0.6 percentage point higher than one year before

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MEPs vote on new fund to put EU investment plan into practice

The Parliament’s budget and economic committees vote on 20 April on the establishment of the European Fund for Strategic Investments (EFSI), a key element of the EU’s €315 billion plan to overcome the shortage of investment in the European economy...

Development MEPs urge EU countries to stick to foreign aid commitments

Development MEPs urged EU member countries to respect their Official Development Assistance (ODA) target of 0.7% of national income and to set timetables for reaching it by 2020. It also highlighted the need to mobilise domestic resources efficiently...

Strategic Investment Fund: committees back Juncker Plan, but not programme cuts

A negotiating brief on the “Juncker” plan for a European Fund for Strategic Investments (EFSI) to guarantee growth and job-creating investment was backed by the Budgets and Economic and Monetary Affairs committees on Monday evening. But MEPs contested...

Pensions At Risk for 80 Million People in Latin America and the Caribbean

Experts and policy makers gathered at the Inter-American Development Bank (IDB) to discuss the future of pensions in Latin America and the Caribbean on April 20. A panel discussion moderated by CNN journalist Gabriela Frias explored different policy...

Understanding the Drivers of Prosperity in Latin America and the Caribbean

Latin America and the Caribbean have led the developing world in shared prosperity achievements in the last decade, and have seen impressive poverty reduction successes, driven by growth, labor incomes and effective safety net programs. The middle...

Stalling Economic Growth in Emerging Europe and Central Asia

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World Bank/IMF Spring Meetings 2015: Development Committee Communique

The global economy is growing slightly faster than in 2014, although growth rates vary widely among countries. We remain vigilant to the risks from potential financial market volatility, movements in exchange rates and oil and other commodity prices,...

Communiqué of the Thirty-First Meeting of the IMFC Chaired by Mr. Agustín Carstens, Governor of the Bank of Mexico

The Committee expresses its deep appreciation to Deputy Prime Minister Tharman for his service and guidance as IMFC Chairman during challenging times. It welcomes Governor Agustín Carstens as the new Chairman.