World Bank Significantly Expands Disaster Risk Management Product Offerings for Clients
The World Bank announced the expansion of the menu of eligible instruments to transact with clients to manage disaster risk on March 24. The enhanced flexibility also broadens the definition of disaster risks from those related to meteorological and...
Supporting Guinea Bissau’s Fresh Start to a More Prosperous Future
On March 24, the World Bank Group announced that it is resuming development operations in the West African nation of Guinea Bissau. The announcement came during a discussion by the Bank’s Board of Executive Directors on the future of its relationship...
Indonesia should accelerate reforms and invest in human capital to ensure sustainable and inclusive growth
The Indonesian economy has enjoyed strong and stable growth over the past decade and a half, leading to impressive reductions in poverty and major improvements in living standards. But challenges remain to continue to converge towards higher-income...
EU budget management: Commission and Parliament spending for 2013 approved
The European Commission managed its 2013 EU budget funds according to the rules, so Parliament should grant it a “discharge” (approval) for that year, said the Budgetary Control Committee on Tuesday. MEPs nonetheless criticised high administrative...
Removing Barriers to Doing Business Will Help Create a Strong Private Sector in Myanmar
Access to finance is the top constraint for private enterprises as Myanmar’s economy undergoes market-oriented reforms after emerging from decades of isolation, and addressing this and other challenges will help create a strong private sector to drive...
IMF Executive Board Completes Fifth and Sixth Reviews under Malawi’s ECF Arrangement, and Approves US$ 18.1 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) today completed the fifth and sixth reviews of Malawi’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement.1 The Board’s decision enables the...
Greece should resume policy dialogue and agree on reforms, Draghi tells MEPs
ECB President Mario Draghi at the Economics Committee to discuss monetary dialogue and the bank...
EP this week: Ukraine, tax avoidance, inter-religious dialogue
MEPs have another busy week ahead of them.
Quantitative easing: what is it and what does the ECB want to achieve with it?
The European Central Bank (ECB) started at the beginning of the month with its controversial quantative easing programme, buying government bonds with the goal of lowering interest rates, increasing inflation and kick-starting economic growth. ECB...
UK government action secures end to shock mobile bills
