IMF Reaches Staff Level Agreement on the First Review of Ecuador’s Economic Program under the Extended Fund Facility
An International Monetary Fund (IMF) team led by Anna Ivanova met with Ecuadorian officials to further discuss the implementation of Ecuador’s economic program, supported by the IMF under the Extended Fund Facility (EFF).
IMF Staff Completes Second Extended Credit Facility Review Mission to Burkina Faso
A staff team from the International Monetary Fund (IMF), led by Calixte Ahokpossi, visited Ouagadougou during May 16–29, 2019 to conduct discussions for the second review of Burkina Faso’s economic and financial program supported by the IMF under the...
IMF Staff Completes Program Review and Article IV Mission to Niger
An International Monetary Fund (IMF) staff team led by Christoph A. Klingen visited Niamey from May 15 to May 28, 2019 to hold discussions on the fourth review of the program supported by the Extended Credit Facility (ECF) arrangement and to conduct...
Government Debt and Risk Management Program Announces Impact on 654 Million People in 11 Middle-Income Economies
The World Bank Treasury published a new report, “Managing Public Debt in Middle-Income Countries”, on the impact of the of the Government Debt and Risk Management (GDRM) Program from 2011 to 2017, commencing completion of Phase I of the program...
New Report Calls for Urgent Action to Tackle Marine Pollution, A Growing Threat to the Caribbean Sea
A New World Bank report released, on May 30, examines how marine pollution in the Caribbean threatens the region’s resilience to climate change. The report calls for urgent actions to restore damaged ecosystems and protect the Caribbean’s marine...
‘Ground-breaking innovation’ needed in cities, where battle for sustainable development will be won or lost, says UN agency chief
View of the city of Dhaka, Bangladesh.
Amidst high trade tensions and policy uncertainty, UN cuts economic growth forecast
A farmer harvests mung beans in Cambodia's northern province. After harvest season, farmers...
World Bank Scales Up Emergency Support for Mozambique, Malawi, and Zimbabwe in the Wake of Cyclone Idai
The World Bank, on May 3, announced that it has mobilized over half a billion dollars in new resources to help people in Mozambique, Malawi, and Zimbabwe affected by the assessed impact of Cyclone Idai.
IMF Executive Board Reviews Fiscal Policies for Paris Climate Strategies
On March 18, 2019, the Executive Board of the International Monetary Fund (IMF) discussed a paper providing country-level guidance on the role, and design of, fiscal policies for implementing climate mitigation strategies that countries have submitted...
Rapid action needed for people to meet challenges of changing world of work
Governments need to overhaul their approach to employment and jobs to reduce further social and economic tensions, according to a new report from the OECD. Without rapid action, many people, particularly the low skilled, will be left behind in the...
