Finance & Economics

Reforms in Lithuania are reinforcing economic growth but boosting productivity is still a challenge

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Continued Reforms Will Help Moldova Increase Transparency, Create Jobs and Improve People’s Lives

The World Bank Group’s Board of Directors, on July 5, approved a US$ 30 million Economic Governance Development Policy Operation (EGDPO) for Moldova. EGDPO provides resources to help the Republic of Moldova reduce fiscal risks and level the playing...

IMF Staff Completes 2018 Article IV Mission to Ecuador

A team from the International Monetary Fund (IMF) visited Quito, Guayaquil and Cuenca during June 20 to July 4 to hold discussions for the 2018 Article IV Consultation with Ecuador.

Renewable Energy for Nearly 10,000 Solomon Islanders

More than 9,300 Solomon Islanders will benefit from new or improved electricity services, including renewable energy sources such as solar, through a new project approved by the World Bank’s Board of Executive Directors, on July 5. The project will...

US Offers German Automakers Solution to Trade Spat, Report Says

United States Ambassador to Germany Richard Grenell reportedly told German auto makers Wednesday the U.S. would back off threats of tariffs on European car imports in exchange for the European Union's elimination of duties on U.S. cars.

Act Now for a More Prosperous and Livable Dhaka

Through swift measures to develop East Dhaka, Bangladesh has a unique opportunity to relieve the flooding, congestion, and messiness that are clogging the capital’s growth and affecting the quality of life of its people, says a new World Bank report...

Rising employment overshadowed by unprecedented wage stagnation

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Ease of Doing Business Varies in Cities Across Croatia, the Czech Republic, Portugal and Slovakia, World Bank Report Finds

The ease of doing business varies substantially among cities within Croatia and the Czech Republic, while the implementation of business regulations is more consistent across cities in Portugal and Slovakia, finds a new World Bank report.

IMF Executive Board Concludes 2018 Article IV Consultation with Germany

On June 29, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Germany.

Germany’s economic performance was strong in 2017, underpinned by solid domestic demand and a rebound in exports...

India’s agro-food sector has made strong progress, but a new policy approach is needed to meet future challenges, says new report by OECD and ICRIER

India has made tremendous economic progress since the mid-1990s, raising GDP per capita by more than 5% per year, cutting the incidence of poverty in half, significantly decreasing undernourishment and transforming itself into a major agriculture...