IMF Staff Reaches Preliminary Staff-Level Agreement on the First Review Under the Extended Fund Facility Arrangement and Concludes 2014 Article IV Mission to Armenia
An IMF mission led by Mark Horton visited Yerevan during September 17–30 to conduct discussions for the First Review under the Extended Fund Facility (EFF) arrangement and the 2014 Article IV consultations.
Boosting Shared Prosperity is Key to Tackling Inequality, says World Bank Group President
World Bank Group President Jim Yong Kimy called for economic growth that creates more just societies, and he defined the institution’s goal of boosting shared prosperity as the World Bank Group’s way of tackling the global challenge of inequality.
IMF Staff Concludes 2014 Article IV Mission to Algeria
An International Monetary Fund (IMF) mission, led by Mr. Zeine Zeidane, visited Algeria September 17-October 1, 2014, for the annual Article IV discussions. The consultation will conclude with the preparation of a report that, subject to management...
Under-taxing drivers is bad for environment and health, OECD says
Advanced economies are pushing up carbon emissions, traffic congestion and air pollution by under-taxing company cars and diesel fuel, according to new OECD research.
OECD annual inflation eases slightly to 1.8% in August 2014
Consumer prices, selected areas
August 2014 percentage change on the same month of the previous year
Expansion of Morocco’s Largest Solar Complex to Provide 1.1 Million Moroccans with Clean Energy
The World Bank Group’s Board of Executive Directors approved a US$519 million project to support Morocco’s ongoing efforts to reduce its dependency on fossil fuels by developing its renewable energy resources. The project will back the government’s...
Statement at the Conclusion of the IMF Mission for the Fifth Review under the Extended Credit Facility (ECF) Arrangement with Bangladesh
An International Monetary Fund (IMF) mission led by Mr. Rodrigo Cubero visited Dhaka from September 17-30 to conduct discussions on the fifth review under a three-year Extended Credit Facility (ECF) arrangement. The ECF was approved on April 11, 2012...
IMF Mission Welcomes Seychelles’ Commitment to Continued Strong Policies
An International Monetary Fund (IMF) staff mission led by Mr. Marshall Mills visited Victoria from September 17–30, 2014 to assess performance under the first review of the Extended Fund Facility (EFF) Arrangement with Seychelles.
Budgets Committee recommends reversing Council cuts in EU budget for 2015
Extra funds should be added to the EU’s 2015 budget for growth and jobs policies, education, including the EU's Erasmus+ student mobility programme, and EU humanitarian and support work in war-stricken zones, said the Budgets Committee in votes on...
World Bank approves US$150 million project for Albania's power sector recovery and reforms
The World Bank’s Board of Executive Directors approved US$150 million in IBRD financing for the Power Recovery Project in Albania. The project will support Albania’s power sector reforms, particularly to improve the reliability of the electricity...
