Investment Plan for Europe: France to contribute €8 billion
France announced that it would contribute €8 billion in the context of the European Fund for Strategic Investments (EFSI), which is the core element of the Investment Plan for Europe on March 6. The contribution will come via France's National...
Kenya Among the Fastest Growing Economies in Africa
Buoyed by falling oil prices, Kenya’s growth is projected to rise from 5.4 percent in 2014 to 6-7 percent over the next three years (2015-2017), making it one of the fastest-growing economies in Sub-Saharan Africa according to the latest Kenya...
UK's high risk promoters of tax avoidance face government clampdown
IMF's Middle East Center for Economics and Finance and the Middle East Regional Technical Assistance Center conclude Workshop on Fiscal Reporting and Transparency
The International Monetary Fund’s Middle East Center for Economics and Finance (CEF) and the Middle East Regional Technical Assistance Center (METAC) organized a regional workshop on “Fiscal Reporting and Transparency,” in Kuwait City, Kuwait from...
Second estimate for the fourth quarter of 2014: GDP up by 0.3% in the euro area and by 0.4% in the EU28
Oil Price Plunge Analyzed In New WB Policy Research Note
Rapid expansion of oil supply from unconventional sources, a significant change in OPEC’s policy stance, and weak global demand are driving the recent plunge in oil prices, according to a new paper by the World Bank.
Kenya Among the Fastest Growing Economies in Africa
Buoyed by falling oil prices, Kenya’s growth is projected to rise from 5.4 percent in 2014 to 6-7 percent over the next three years (2015-2017), making it one of the fastest-growing economies in Sub-Saharan Africa according to the latest Kenya...
World Bank Provides Support for a Healthier Ukraine
On March 4, the World Bank’s Board of Executive Directors approved a US$214.73 million loan for the Serving People, Improving Health Project to support the implementation of reforms and improved service delivery in Ukraine’s health sector.
IMF Staff Concludes Staff Visit to Madagascar
An International Monetary Fund (IMF) team led by Mr. George Tsibouris visited Antananarivo during February 18-March 4, 2015. It held discussions with the government on reforms aimed at addressing the macroeconomic pressures, accelerating growth, and...
Statement at the Conclusion of an IMF Mission to Cabo Verde
An International Monetary Fund (IMF) mission, led by Mr. Ulrich Jacoby, visited Cabo Verde from February 19-March 4, 2015, to conduct discussions on the 2015 Article IV Consultation.