Finance & Economics

More Resources for Conservation and Sustainable Production in Orinoquia with World Bank Support

With the goal of promoting the production-conservation agenda in Colombia, the World Bank Board of Executive Directors, on August 8, approved a USD 5.93 million donation from the Global Environmental Facility (GEF) for the conservation of natural...

IMF Executive Board Completes the 2019 Article IV Consultation with Lao P.D.R.

On August 2, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Lao P.D.R.
Natural disasters slowed Lao P.D.R.’s economic growth and accentuated the need to address structural...

JICA and World Bank Jointly Support Vietnam to Meet Needs of Aging Population

The Japan International Cooperation Agency (JICA) and the World Bank jointly launched a knowledge-sharing program to assist policymakers in Vietnam with developing new models of elderly care services as Vietnam’s population is ageing at a pace faster...

IMF Executive Board Concludes 2019 Article IV Consultation with the Republic of Latvia

On August 6, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Latvia and considered and endorsed the staff appraisal without a meeting.

IMF Staff Completes Program Negotiation Mission to São Tomé and Príncipe

A staff team from the International Monetary Fund (IMF) led by Xiangming Li visited São Tomé and Príncipe during July 24 – August 6, 2019 to discuss a new program that can be supported by an IMF Extended Credit Facility (ECF) arrangement.

Consumer Prices, OECD - Updated: 6 August 2019

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The Federal Democratic Republic of Ethiopia Implements the International Monetary Fund’s Enhanced General Data Dissemination System

The Federal Democratic Republic of Ethiopia has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing critical data through the National Summary Data Page (NSDP). The page aims to serve as a one...

IMF Executive Board Concludes 2019 Article IV Consultation with Zambia

On July 24, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Zambia.

Zambia’s development strategy has focused on a rapid-scaling up of public investment to address the country’s...

World Bank and Japan Support Vietnam to Improve Tax System Effectiveness

The World Bank and the State Bank of Vietnam, on August 2, signed a financing agreement for a grant worth US$4.2 million provided by the Japanese Government to implement the Revenue Administration Reform Support Project.

Hungary must enforce its foreign bribery offence against companies, including foreign subsidiaries

The Working Group is concerned that Hungary has not commenced any foreign bribery investigations or prosecutions in over nine years since the Phase 3 evaluation of implementation of the OECD Anti-Bribery Convention. However, the companies operating in...