UK set a flexible approach to benefit both employees and employers
World Bank Negotiates $150 million Energy Sector Recovery Program for Albania
The World Bank and the Government of Albania successfully completed negotiations for a $150 million Power Reform and Recovery Project.
Mexican Senate Finalizes Historic Reforms of Oil Sector
Mexican lawmakers have approved legislation that will end the government's seven decade monopoly on the country's oil and gas sector.
ECON chairman Gualtieri wants "bolder action" for euro area
The Governing Council of the ECB met on Thursday and decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.15%, 0.40% and -0.10%...
Vietnam: World Bank approves US$500 million loan to improve electricity transmission
The World Bank’s Board of Executive Directors approved a loan of US$500 million to the Government of Vietnam to improve the capacity, efficiency and reliability of electricity transmission in areas that are key to the country’s economic development,...
Poor policies Restrain Growth in Seven Middle East & North Africa Countries
Egypt, Tunisia, Iran, Lebanon, Jordan, Yemen and Libya are trapped in a “poor policy – poor growth” cycle, which prevents their economies from moving to a sustainable growth path, says the World Bank in the newly released Quarterly Economic Brief...
IMF Executive Board Concludes 2014 Article IV Consultation with Tonga
On July 23, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Tonga.
Rwandan Government and WBG Sign Agreement to Help Survivors of Sexual and Gender-Based Violence in Rwanda
The World Bank Group and the Government of Rwanda signed a financial agreement of US$15 million to provide community and health services for survivors of sexual and gender-based violence (SGBV) by expanding the Isange One Stop Centers while promoting...
IMF Executive Board Concludes 2014 Article IV Consultation with the Republic of Kazakhstan
On July 21, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Kazakhstan.
Global Forum releases new compliance ratings on tax transparency for 10 jurisdictions
The Global Forum on Transparency and Exchange of Information for Tax Purposes published 13 new peer review reports demonstrating progress toward implementation of the international standard for exchange of information on request. The Global Forum also...
