IMF Executive Board Concludes 2019 Article IV Consultation with Oman
On June 7, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Oman.
Since the 2014 oil price shock, Oman’s policy efforts have aimed at strengthening the fiscal position, enhancing...
IMF Executive Board Concludes 2019 Article IV Consultation with Grenada
On June 12, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Grenada.
The Grenadian economy continues to grow robustly. GDP expanded by 4¼ percent in 2018, driven by strong activity...
IMF Executive Board Concludes 2019 Second Post-Program Monitoring for Albania
On July 1, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Second Post-Program Monitoring review for Albania and considered and endorsed the Staff Appraisal on a lapse-of-time basis. 1 Albania’s capacity to repay the...
Big Boost for Samoan Agriculture and Fisheries
Local producers and tens of thousands of Samoan families will benefit from improved management and productivity in Samoa’s agriculture and fisheries sectors through a US$20 million grant approved by the World Bank’s Board of Executive Directors, on...
Governments should renew efforts to reform support to agriculture
Aid used for trade is helping developing countries diversify
Using development aid to build trade capacity in poor countries is helping to improve economic diversification and to economically empower marginalised groups, yet progress remains geographically uneven, according to the latest OECD-WTO report on Aid...
Consumer Prices, OECD - Updated: 2 July 2019
Fossil fuel support is rising again in a threat to climate change efforts
Fossil-fuel subsidies are environmentally harmful, costly, and distortive. After a 3 years downward trend between 2013 and 2016, government support for fossil fuel production and use has risen again, in a threat to efforts to curb greenhouse gas...
The future of work ‘with social justice for all’ tops agenda of centenary UN Labour conference
The Centenary International Labour Conference got underway on Monday at the UN in Geneva, with ILO chief Guy Ryder, calling on hundreds of delegates from around the world to help “construct a future of work, with social justice for all”.
Domestic Demand is Key to Sustaining Growth in China Amid High Uncertainty: World Bank Report
China’s economic growth has so far remained resilient in the face of high global uncertainty. GDP growth was 6.4 percent year on year in the fourth quarter of 2018 and in the first quarter of 2019, compared to 6.8 percent in the first half of 2018....
