OECD annual inflation edges up to 2.1% in May 2014
Consumer prices, selected areas
May 2014 percentage change on the same month of the previous year
World Bank Group Commitments Rise Sharply in FY14 Amid Organizational Change
World Bank Group support to developing countries rose sharply to $61 billion in fiscal year 2014 as the organization prepared for transition to a new operating model, up from $52.6 billion in FY13.
St. Kitts and Nevis Repays Early Some Outstanding Obligations to the IMF
St. Kitts and Nevis repaid, ahead of schedule, SDR 11.1 million (about US$17.1 million) obligations to the IMF on June 24, 2014.
Market Access, Currency Value to Top US/China Dialogue
U.S. Treasury Secretary Jack Lew says the pace of economic reform and the need for further appreciation of China’s currency will be among the issues at next week’s Security & Economic Dialogue in Beijing. Lew does not see cyber-spying as an...
Indonesia Receives Us$500 Million from World Bank in Support of Financial Sector Reform Policies
The World Bank’s Board of Executive Directors approved a US$500 million Financial Sector Reform and Modernization Development Policy Loan for the Government of Indonesia. The loan supports Indonesia’s policies aimed at reinforcing the stability of the...
IMF Completes Fourth Review Under the EFF for Cyprus and Approves €84 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed the fourth review of Cyprus’s performance under an economic program supported by a three-year, SDR 891 million (about €1 billion) extended arrangement under the Extended Fund...
IMF Executive Board Completes First Review under Extended Fund Facility Arrangement for Albania; Approves €26.7 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed the first review of Albania’s economic performance under a program supported by an arrangement under the Extended-Fund Facility (EFF).
Mixed Opinions About World Cup Impact on Brazilian Economy
As fans enjoy football’s (soccer’s) month-long World Cup, Brazilian authorities are pleased over the boost they say the tournament is giving the country's economy. However, independent analysts who study such mega-events are less enthusiastic.
World Bank Group to Support Flood Recovery in Bosnia and Herzegovina
The World Bank Group’s Board of Executive Directors approved a US$100 million credit for the Floods Emergency Recovery Project for Bosnia and Herzegovina (BiH), to meet critical needs and restore the functionality of infrastructure essential for...
IMF Executive Board Completes Sixth and Seventh Reviews Under the SBA for Bosnia and Herzegovina, Approves €95.7 Million Augmentation of the SBA and €191.4 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed the sixth and seventh reviews of Bosnia and Herzegovina’s (BiH) economic performance under a program supported by a Stand-By Arrangement (SBA). The Executive Board also approved an...
