Investment plan: EESC welcomes 75 million euros for SMEs as a good start
At the European Economic and Social Committee (EESC) plenary session on 19 March, the vice-president of the European Commission Jyrki Katainen, whose remit covers jobs, growth, investment and competitiveness, announced that EUR 75 million would be...
World Bank Approves US $187 million to Enhance Agriculture Productivity in Sindh
The World Bank approved US$187 million for a Sindh Irrigated Agricultural Productivity Enhancement Project (SIAPEP) to help improve irrigation water management at tertiary and field levels in Sindh on March 20. The project will support efficient...
Combatting corporate tax avoidance: European Commission presents Tax Transparency Package
The European Commission presented a package of tax transparency measures as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU on 18 March. A key element of this Tax Transparency Package is a proposal...
IMF Executive Board Approves US$7.63 Million Disbursement Under the Rapid Credit Facility for the Central African Republic
On March 18, 2015, the Executive Board of the International Monetary Fund (IMF) approved financial assistance under the Rapid Credit Facility (RCF) in the amount equivalent to SDR 5.57 million (about US$7.63 million) for the Central African Republic (...
Government to increase pay transparency
UK Business Secretary Vince Cable announced plans to launch an online tool that will make it easier to find out how much people are paid in different occupations, sectors and regions across the UK on March 20. The aim is that the increased...
OECD Unit Labour Costs rise by 0.5% in the fourth quarter of 2014
Early Estimates of Quarterly Unit Labour Costs
Seasonally adjusted data, Total economy
WB/Paraguay: Financial Inclusion and Tax Equity to Benefit the Poorest
On March 19, the World Bank Group’s (WBG) Board of Executive Directors approved a US$100 million loan to support the Paraguayan government’s efforts to strengthen the sustainability, equity and transparency of fiscal management; improve the efficiency...
IMF Staff Concludes Review Mission to Burkina Faso
An International Monetary Fund (IMF) team, led by Ms. Laure Redifer, visited Ouagadougou from March 5-19, 2015 to carry out discussions with the Burkinabè authorities on the second and third reviews of their economic and financial program supported by...
Structural reforms can help China settle into a “new normal” era of slower, but more sustainable and inclusive growth
After three decades of extraordinary economic development, China is shifting to a slower and more sustainable growth path. Further reforms are now needed to ensure that future growth is resilient, inclusive and green, according to the OECD’s latest...
World Bank approves funds to increase safety nets and nutrition services for poor families in Comoros
The World Bank Group’s Board of Executive Directors Thursday approved a US$6 million International Development Association (IDA)* grant for the Union of Comoros to increase access to social safety nets focusing on improving communities’ productive and...
