Finance & Economics

North Macedonia to Strengthen Public Finance and Improve Competitiveness with World Bank Support

North Macedonia will strengthen public finance sustainability, improve market competition, and lower the regulatory burden on businesses to improve integration with European and global markets with support from a EUR 125 million loan approved by the...

Taxes on polluting fuels are too low to encourage a shift to low-carbon alternatives

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OECD sees rising trade tensions and policy uncertainty further weakening global growth

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Humanitarian migration falls while labour and family migration rises

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Liquidity Crisis Weighs on An Already Strangled Palestinian Economy

The Palestinian Authority (PA) faces a financing gap that could exceed US$1.8 billion for 2019 driven by declining aid flows and the unresolved transfer of taxes and import duties collected by Israel on behalf of the PA (clearance revenues), according...

IMF Executive Board Concludes 2019 Article IV Consultation with the Republic of Azerbaijan

On September 6, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Azerbaijan.

IMF Staff Completes Review Mission to Jamaica

An International Monetary Fund (IMF) staff team led by Ms. Uma Ramakrishnan visited Kingston from September 9–19, to conduct discussions on the sixth and final review of Jamaica’s financial and economic program supported by the IMF’s precautionary...

IMF Staff Completes First Review under the Staff-Monitored Program for Somalia

An International Monetary Fund (IMF) staff team led by Allison Holland visited Addis Ababa, Ethiopia, from September 10 to 13 to meet with the Somali authorities and undertake the first review under the fourth successive Staff Monitored Program (SMP...

IMF Executive Board Concludes 2019 Article IV Consultation with Bangladesh

On September 9, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Bangladesh.

Work Begins to Complete Final Section of Timor-Leste Road Project

On September 18, rehabilitation work began on the 22.6km Laulara to Solerema section of the 110km Dili to Ainaro road corridor, which has been under rehabilitation with support from the International Development Association (IDA)-funded Timor-Leste...