IMF Executive Board Completes the Fifth Review Under the Stand-By Arrangement for Jordan
On November 10, 2014, the Executive Board of the International Monetary Fund (IMF) completed the fifth review of Jordan’s performance under the authorities’ three-year economic program supported by a Stand-By Arrangement (SBA). The 36-month SBA in the...
EU budget: first 2014, then 2015, say Budgets Committee MEPs
Giving the European Union a budget must take priority over redistributing resources to EU member states, said Budgets Committee MEPs on Tuesday, after a third fruitless effort to engage the Council of Ministers in budgetary negotiations within the...
US, China Reach Breakthrough on WTO Free Trade Deal
The U.S. and China have reached a breakthrough in talks to expand a World Trade Organization agreement that would eliminate tariffs on high-tech products.
Government of India and World Bank Sign $200 Million Agreement to Enhance Productivity, Improve Skills of Micro, Small and Medium Scale Enterprises
The Government of India (GoI) and the World Bank signed a $200 million loan agreement to enhance the productivity of Micro, Small and Medium Enterprises (MSMEs) by expanding and upgrading Technology Centers across India.
World Bank Group Debars Dutch National Mr. Steven Nederhorst and his Company Elmcrest Group Limited formerly known as Landmarc Limited for Six Years for Corrupt and Fraudulent Practices
On November 4, 2014, the World Bank Group announced the debarment of Mr. Steven Nederhorst, a Dutch national, together with any entity that is an Affiliate directly or indirectly controlled by Mr. Nederhorst, including but not limited to Elmcrest...
Statement by the IMF Staff Mission to Niger
A staff team from the International Monetary Fund (IMF) led by Mr. Cheikh Anta Gueye visited Niamey from October 21to November 3, 2014, for discussions on the 2014 Article IV consultation and the fourth and fifth reviews of the program supported by...
Statement at the end of an IMF Staff Mission on Pakistan
An International Monetary Fund (IMF) staff mission, led by Mr. Jeffrey Franks, visited Dubai from October 29-November 8, 2014 to conduct discussions on the fourth and fifth reviews of Pakistan’s SDR 4.393 billion (about US$6.6 billion) Extended Fund...
Brazil Votes for a Future with the BRICS, South America
Brazilians delivered a stinging defeat to the British Empire, by re-electing Dilma Rousseff as President on Oct. 26. Rousseff has made clear, that under her leadership, Brazil will continue its active participation in advancing the new world financial...
Van Rompuy on the crisis: “We managed to avert a real catastrophe”
Herman Van Rompuy.
ECB suspends early repayments of the three-year LTROs during the year-end period
As was the case last year, the Governing Council of the European Central Bank (ECB) has decided to suspend repayments of the three-year longer-term refinancing operations (LTROs) during the year-end period, in view of the expected low interest and the...
