Finance & Economics

IMF Establishes a Catastrophe Containment and Relief Trust to Enhance Support for Eligible Low Income Countries Hit by Public Health Disasters

The Ebola epidemic in parts of West Africa is a humanitarian disaster that has drawn the attention of the international community to the threat posed by the rapid spread of life-threatening infectious diseases, both within and across international...

IMF Staff Concludes Review Mission to Pakistan

An International Monetary Fund (IMF) staff mission, led by Jeffrey Franks, visited Dubai from January 26-February 5, 2014 to conduct discussions on the sixth review under Pakistan’s SDR 4.393 billion (about US$6.6 billion) Extended Fund Facility (EFF...

Development must be built on inclusive policy aligned with people's needs, aspirations – Ban

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Village shop at dusk in Sri Lanka lit by solar panels.

No tax hike to fund the EU, say MEPs

EU budget funding must be reformed, but not by adding to the burden on taxpayers, urged Budgets Committee MEPs in Thursday’s debate on the first report by the High Level Group on Own Resources (HLG).

Helping Myanmar Advance towards Universal Health Coverage: Maternal and Child Healthcare to Expand with New World Bank Financing

On February 5, the Government of Myanmar signed a new agreement with the World Bank to bring improved maternal, newborn and child healthcare to millions of mothers and their young children.

Reforms can support growth and equity in Belgium, OECD says

The Belgian economy has returned to growth and continues scoring well on broader measures of well-being, but further reforms will be needed to secure fiscal sustainability while promoting employment and competitiveness, according to the latest OECD...

EU budget: how to better fund Europe

Reforming how the EU is funded proved again controversial when the European Parliament and the member states negotiated the budget for 2014-2020. The current system relies heavily on national contributions, but this makes it more difficult to reach...

OECD annual inflation slows to 1.1% in December 2014 reflecting sharp fall in energy prices

Consumer prices, selected areas
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December 2014 percentage change on the same month of the previous year

Kenya: Devolution and Infrastructure Boost Growth and Shared Prosperity

Devolution and increased investment in infrastructure are improving Kenya’s prospects for growth and shared prosperity, says a new World Bank Group report released on February 4.

Berès and Rehn on European economy: from structural reforms to quantitative easing

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Olli Rehn (left) and Pervenche Berès (right)