Finance & Economics

Cambodia and Developing East Asia Pacific Growth Remain Robust in 2015

Economic growth will ease slightly in developing countries in East Asia and Pacific this year, even as the region benefits from lower oil prices and a continued economic recovery in developed economies, according to the East Asia Pacific Economic...

World Bank Group, IDB and CAF United to Protect Social Gains in Latin America and the Caribbean

On the eve of the Seventh Summit of the Americas, the main international financial institutions of the region, the World Bank Group (WBG), the Inter-American Development Bank (IDB) and CAF – Development Bank of Latin America, on April 10 reiterated...

US$50 Million Project to Support Start-Ups and Enhance Access to Finance for Underserved Communities in Jordan

A new US$50 million assistance package to Jordan will enhance access to finance for micro, small and medium enterprises (MSMEs). The project approved by the World Bank’s Board of Directors will reach out to underserved governorates and marginalized...

Results of the March 2015 survey on credit terms and conditions in euro-denominated securities financing and OTC derivatives markets (SESFOD)

While credit terms, in particular price terms such as financing rates/spreads, offered to counterparties across the entire spectrum of securities and OTC derivatives transaction types overall became somewhat less favourable over the three-month...

US$400 Million Program to Support 1.5 million Poor Egyptian Families through Enhanced Social Safety Nets

A new World Bank project will provide income support and expand social inclusion to almost 1.5 million poor Egyptian families with young children, elderly, and persons with severe disabilities. The US$400 million project approved by the World Bank’s...

In Panama, Ban urges business leaders to support new development agenda with partnerships, resources

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Secretary-General Ban Ki-moon (fourth right) meets with the Presidents of the Northern Triangle countries in...

Composite leading indicators point to strengthening growth momentum in the euro area

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Stable growth momentum in the OECD area

Investment Climate in Moldova: Uneven Achievements Hinder Development

Moldova has made significant progress in simplifying its business regulations and improving the investment climate and business environment, but the progress has been uneven and more can be done.

Iceland’s Inter-Ministerial Steering Group Must Make Prompt Progress in Fighting Foreign Bribery

The OECD Working Group on Bribery has serious concerns about Iceland’s lack of progress in combatting the bribery of foreign public officials, and to implement the OECD Convention on Combating Bribery of Foreign Public Officials in International...

Costa Rica and Lithuania invited to open formal OECD accession talks

OECD Member countries agreed to open membership discussions with Costa Rica and Lithuania on April 9. The decision was taken during a meeting of the OECD’s governing body, the Council, in Paris. It follows the decision taken by Council in May 2013 to...