Finance & Economics

Composite Leading Indicators (CLI), OECD, March 2021

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The above graph show country specific composite leading indicators (CLIs solid line, left axis and the relative month...

Unemployment Rates, OECD - Updated: March 2021

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Malaysia to Achieve High Income Status Between 2024 and 2028, but Needs to Improve the Quality, Inclusiveness, and Sustainability of Economic Growth to Remain Competitive

Malaysia is likely to transition to a high-income economy between 2024 and 2028, a reflection of the country’s economic transformation development trajectory over past decades. However, further reforms are required to successfully join the ranks of...

Government to modernise product safety laws to ensure they're fit for 21st century

* Government exploring changes to product safety laws that are over 30 years old to ensure they work for emerging technologies like Artificial Intelligence and 3D printing
* call for evidence to also see how e-commerce can be made safer...

Word Bank, Green Climate Fund provide Vietnam with US$86.3 million to spur energy efficiency investments

The World Bank, acting on behalf of the Green Climate Fund (GCF), has signed a US$11.3 million grant with the State Bank of Vietnam to support the development of a commercial financing market for industrial energy efficiency investments. The total...

Engendering the Recovery: Budgeting with Women in Mind

International Women’s Day, March 8, marks a year from the start of widespread lockdowns in response to COVID-19. As an IMF blog warned back in July, women have borne the economic and social brunt of the pandemic. With many governments preparing...

Maintaining Tanzania’s Lower-Middle Income Status Post-COVID-19 Will Depend on Strengthening Resilience

Following two decades of sustained growth, Tanzania reached an important milestone in July 2020, when it formally graduated to lower-middle-income country status. However, the global COVID-19 pandemic has significantly slowed economic growth,...

World Bank Bond Expands Support to COVID-19 Resilience Through the United Nations Children’s Fund (UNICEF)

The World Bank (International Bank for Reconstruction and Development or IBRD) has issued a US$100 million 5-year bond which both supports IBRD’s ongoing sustainable development and COVID-19 activities and adds a new feature to support similar efforts...

World Bank Signs Project to Support Nutrition-Supportive Agriculture in Tribal-Dominated Areas of Chhattisgarh

The Government of India, the Government of Chhattisgarh and the World Bank, on February 12, signed a $100 million project to develop sustainable production systems that allow tribal households in remote areas of Chhattisgarh to practice round-the-...

World Bank and the European Commission to Support Poland to Transition Out of Coal

The World Bank, in partnership with the European Commission, will assist Poland to ensure a ‘Just Transition’ in the country’s coal regions of Dolnośląskie (Lower Silesia), Śląskie (Silesia) and Wielkopolskie (Greater Poland). The project will focus...