Finance & Economics

World Bank Group Announces US$96 Million in Additional Financing for Rural Roads in Morocco

The World Bank Group’s Board of Governors has approved a US$96.55 million loan in support of the government of Morocco’s Second National Rural Roads Program (NRRP2) to increase access to all-weather roads in Morocco for the vast majority of the...

Bangladesh Receives Additional $140 Million to Help Communities Better Prepare for Future Natural Disasters

The government of Bangladesh signed a $140 million credit to improve and strengthen critical disaster prevention infrastructure in the coastal areas of the country.

IMF Executive Board Concludes 2014 Article IV Consultation with New Zealand

On June 5, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with New Zealand and considered, and endorsed, the staff appraisal without a meeting on.

Statement at the Conclusion of an IMF Mission to Guinea

An IMF mission led by Harry Snoek visited Conakry during May 22 - June 6, 2014 to conduct discussions on the fourth review of a program supported by an arrangement under the Extended Credit Facility (ECF),i which was approved by the IMF Executive...

World Bank Announces Additional US$26.2 Million for Improving Water Supply in Tunisia

The World Bank announced US$26.2 million in additional financing for upgrading water supplies and services in the Greater Tunis area and other cities in Tunisia, as well as for improving the financial situation of the national water utility, Société...

IMF Executive Board Concludes 2014 Article IV Consultation with Hungary

Hungary’s economy emerged from the 2012 recession and posted 1.1 percent growth last year, mainly driven by government investment and consumption, and also net exports. Private demand—although strengthening on the back of accommodative monetary...

IMF Executive Board Completes Fifth ECF Review for Côte d’Ivoire, Approves US$ 75 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) completed the fifth review of Côte d’Ivoire’s performance under an economic program supported by a three-year Extended Credit Facility (ECF) arrangement. The Board’s decision, which was...

Eurasia Comes Together To Challenge British Empire

"The British Empire is in deep trouble," concluded American statesman Lyndon LaRouche in his May 31 webcast. Look at the situation globally, he said. We have a burgeoning revolt in continental Europe, involving opposition to the Empire's agenda of war...

Lithuania: how the euro could be gaining currency

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What EU country will be next to join the euro?

ECB announces monetary policy measures to enhance the functioning of the monetary policy transmission mechanism

In pursuing its price stability mandate, the Governing Council of the ECB has announced measures to enhance the functioning of the monetary policy transmission mechanism by supporting lending to the real economy.