Statement at the end of an IMF Staff Visit to Guinea-Bissau
An International Monetary Fund (IMF) mission led by Mauricio Villafuerte visited Bissau during July 23-29, 2014 to discuss recent economic developments. The mission met with the authorities of the newly-elected government, including President Jose...
A Tool to Measure the Regional Economic Impacts of China’s High Speed Rail
China’s high speed rail network is the largest and fastest expanding in the world, bringing significant impacts on labor productivity, jobs, industrial growth and regional development. However, these impacts are not well captured by conventional cost...
OECD annual inflation stable at 2.1% in June 2014
Consumer prices, selected areas
June 2014 percentage change on the same month of the previous year
World Bank Sanctions Three Companies for Fraudulent and Corrupt Misconduct Related To Some of Its Projects
The World Bank Group announced the debarment of two Dutch firms and two of their executives involved in misconduct relating to two projects in Iraq as well as a Cambodian firm involved in misconduct relating to projects in Cambodia.
European Investment Bank lends EUR 90 million to four rural banks to finance SMEs
The European Investment Bank (EIB) and four rural banks – Bantierra, Caja Rural de Granada, Caja Rural de Navarra and Caja Rural de Teruel – have signed an agreement for EUR 90 million to finance investment and working capital projects for small and...
Jamaican Business Climate to Receive a Boost
Existing and new businesses operating in Jamaica will benefit from streamlined regulations and processes, public-private partnerships, as well as training and access to financing as a result of a US$ 50 million loan for the Foundations for...
IMF Executive Board Approves US$5-Billion Arrangement for Morocco Under the Precautionary and Liquidity Line
The Executive Board of the International Monetary Fund (IMF) approved a new 24-month arrangement for Morocco under the Precautionary and Liquidity Line (PLL) in an amount equivalent to SDR 3.2351 billion (about US$5 billion, or 550 percent of Morocco’...
IMF Executive Board Discusses Sudan’s Progress Under Staff-Monitored Program
On July 28, 2014, the Executive Board of the International Monetary Fund (IMF) met to discuss the first review of Sudan’s performance under its Staff-Monitored Program (SMP). An SMP is an informal agreement between country authorities and Fund staff...
Argentina Seeks to Avoid 2nd Debt Default in 13 Years
Argentina says it will make another effort to reach a deal with a group of U.S. creditors to avoid a possible default on its debt, the second in 13 years.
A Tool to Measure the Regional Economic Impacts of China’s High Speed Rail
China’s high speed rail network is the largest and fastest expanding in the world, bringing significant impacts on labor productivity, jobs, industrial growth and regional development. However, these impacts are not well captured by conventional cost...
