IMF Executive Board Concludes 2019 Article IV Consultation with Somalia
On July 22, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the 2019 Article IV consultation with Somalia.
Improved confidence, on the back of the continued implementation of reforms, and strong donor support...
Macroeconomic Management Weakens While Social Inclusion Policies Improve Slightly in Africa’s Poorest Countries
Africa’s poorest countries saw little to no progress on average in improving the quality of their policy and institutional frameworks in 2018, according to the World Bank’s annual Country Policy and Institutional Assessment (CPIA) released on July 31...
IMF Executive Board Concludes 2019 Article IV Consultation with Indonesia
On July 3, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Indonesia.
The Indonesian economy performed well in 2018, despite external headwinds, including capital flow reversals....
World Bank Reaffirms Support for Mongolia’s Reforms with US$100 Million Financing
The World Bank’s Board of Directors, on July 30, approved US$100 million in financing to help Mongolia further stabilize its economy and move it towards a more sustainable development path. The Second Economic Management Support Operation (EMSO 2)...
IMF Executive Board Concludes Article IV Consultation with the Republic of Lithuania
On July 30, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Lithuania and considered and endorsed the staff appraisal without a meeting.
IMF Executive Board Completes Third Review Under the Extended Credit Facility and Approves US$23.9 Million Disbursement for Guinea
On July 26, 2019, the Executive Board of the International Monetary Fund (IMF) completed the third review of Guinea’s economic performance under the program supported by an Extended Credit Facility (ECF). Completion of this review enables the...
World Bank Group seeks inclusive strategy in Fiji
The World Bank Group has started national consultations to map out its strategy in Fiji for the next four years for work to be undertaken by the World Bank and its sister organisation, the International Finance Corporation, IFC.
IMF Executive Board Completes Fifth Review of Extended Credit Facility Arrangement for Madagascar
On July 26, the Executive Board of the International Monetary Fund (IMF) completed the fifth review under the Extended Credit Facility (ECF) Arrangement for Madagascar. The completion of this review enables the disbursement of SDR 31.428 million (...
PNG Economy Showing Signs of Recovery in an Uncertain Global Environment: World Bank
The economy of Papua New Guinea (PNG) has begun recovering from a series of external shocks, but global economic uncertainties are mounting, according to a report released by the World Bank on July 26.
IMF Executive Board Concludes 2019 Article IV Consultation with Iraq
On July 19, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Iraq.
An improved security situation and the recovery in oil prices have improved near-term vulnerabilities. Large fiscal...
