Finance & Economics

IMF Executive Board Approves US$5.24 million Disbursement Under the Rapid Credit Facility for Guinea-Bissau

The Executive Board of the International Monetary Fund (IMF) approved emergency financial assistance under the Rapid Credit Facility (RCF) equivalent to SDR3.55 million (about US$5.24 million) for Guinea-Bissau to enable the authorities to meet their...

Statement on the 2014 Article IV Mission to Mauritania

A team from the International Monetary Fund (IMF) lead by Mercedes Vera Martin visited Nouakchott from October 20−30 to conduct discussions for the 2014 Article IV consultation.

Parliaments must do more to ensure Strasbourg Court judgments are implemented

Non-implementation of the European Convention on Human Rights and the judgments of the Strasbourg Court “threatens the very survival of the Convention system”, warned PACE President Anne Brasseur, opening a seminar in Madrid on the role of national...

Rwanda: World Bank Helps Boost Public Financial Management and Enhance Nutrition and Food Security for Rural Farmers

The World Bank’s Board of Executive Directors approved two International Development Association (IDA)* credits totaling US$200 million. The first program will enhance Rwanda’s public financial management and statistics systems in order to make better...

Asian Investment Bank Will Finance Great Projects

There is an unmistakable indicator that provides information about whether a government is making good policy or not: If the majority of the population is happy and optimistic about the future, the government would appear to be fulfilling its mission...

World Bank Group Pledges Additional $100 million to Speed New Health Workers to Ebola-stricken Countr

The World Bank Group announced an additional $100 million funding in its Ebola crisis response to speed up deployment of foreign health workers to the three worst-affected countries in West Africa. The announcement increases the World Bank Group’s...

World Bank Endorses New Strategy for Palestinian Territories and Approves US$62 million for Reconstruction in Gaza

The World Bank Group Board of Executive Directors endorsed a new two-year assistance strategy for the Palestinian territories that focuses on supporting state building through service delivery and job creation. A US$62 million package of grants for...

Obama: Women Deserve 'Fair Pay'

U.S. President Barack Obama says there are still women earning less than men for doing the same work.

September 2014 Euro area unemployment rate at 11.5% EU28 at 10.1%

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World Bank Endorses New Strategy for Palestinian Territories and Approves US$62 million for Reconstruction in Gaza

The World Bank Group Board of Executive Directors endorsed a new two-year assistance strategy for the Palestinian territories that focuses on supporting state building through service delivery and job creation. A US$62 million package of grants for...