World Bank Sanctions China International Water and Electric Corp. for Misconduct in Africa and South East Asia
The World Bank Group announced the debarment of Chinese state-owned enterprise China International Water and Electric Corp. (CWE) and its controlled affiliates for a period of three years with conditional release.
Government and World Bank Joint Review to ensure timely development results
The World Bank and the Government of Bangladesh concluded a Joint Tripartite Portfolio Review of selected World Bank supported projects in Bangladesh. Since independence, the World Bank has committed more than $18.6 billion, which accounts for 29% of...
IFC Launches She Works Partnership to Advance Women’s Employment in the Private Sector
IFC, a member of the World Bank Group, announced the launch of a private sector partnership that will improve employment opportunities for more than 300,000 women over the next two years. The initiative was announced by World Bank Group President Jim...
Economic recovery is slowing, but banks’ confidence in SMEs is up, says Draghi
Economic recovery is losing momentum; European Central Bank President Mario Draghi told the Economic and Monetary Affairs Committee on Monday, citing slowing growth in the second quarter and less than encouraging economic indicators in the summer. "...
OECD and National Bureau of Economic Research Conference on Productivity Growth and Innovation in the Long Run.
Increasing productivity is critical to achieving strong, sustainable and inclusive growth and well-being. Technological change and innovation are the key drivers of increased productivity, along with better skills and organisational change.
IMF Managing Director Christine Lagarde Commends Progress on G20 Growth Strategies, Calls for Further Action to Strengthen the Recovery
“Despite the global recovery continuing, the pace of growth remains low and uneven, in part given increased geopolitical tensions and risks of financial market turmoil. Promoting economic policies that can contribute to a more robust and job-rich...
Statement at the Conclusion of an IMF Mission to Bosnia and Herzegovina
An International Monetary Fund (IMF) mission, led by Mr. Ron van Rooden, visited Banja Luka and Sarajevo during September 10-19, 2014, to discuss recent economic developments and policies for the eighth review under Bosnia and Herzegovina’s Stand-By...
Australian Minister of Foreign Affairs and Trade Opens Course on Inclusive Growth at the IMF’s Africa Training Institute (ATI)
Australia’s Minister of Foreign Affairs and Trade, The Hon. Julie Bishop, participated in the opening session of the course on Inclusive Growth organized by the IMF’s Africa Training Institute (ATI) on September 15, 2014.
Creating Private Sector Jobs is the Surest Path to Boosting Shared Prosperity in Egypt
Egypt has been plagued for many years by low-quality, insecure and unstable jobs but this can be reversed through reforms aimed at vitalizing the private sector, promoting formal employment, and engaging excluded and vulnerable populations.
Americans Slowly Starting to Climb out of Poverty, According to New Census Data
