World Bank Group Supports New Efforts to Improve Governance and Fight Corruption in Ukraine
The World Bank Group (WBG) is once again demonstrating its commitment to improving governance and fighting corruption in Ukraine. These have been a central part of the WBG’s policy dialogue with the Ukrainian Government and a focus of our Country...
OECD annual inflation picks up to 1.6% in March 2014 but slows in Euro area
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Consumer prices, selected areas
March 2014, percentage change on the same month of the previous year...
Turkey Receives Financing for Renewable Energy Integration Project
The World Bank Group’s Board of Executive Directors today approved financing of US$300 million from the International Bank for Reconstruction and Development (IBRD) and US$50 million from the Clean Technology Fund (CTF) for Turkey’s Renewable Energy...
Fifteen millions dollars to strengthen macroeconomic resilience and to improve competitiveness in Cabo Verde
The World Bank’s Board of Executive Directors approved on April 22 a US$15.5 million credit to support the Government of Cabo Verde’s effort to strengthen the country’s macroeconomic resilience to external shocks. The Poverty Reduction Support Credit...
IMF Executive Board Concludes 2014 Article IV Consultation with the Republic of Latvia
Latvia entered the euro area in January 2014 with the fastest rate of growth in Europe. A slowdown in investment and exports was partly compensated by robust consumption demand, supported by rising real wages, bringing GDP growth in 2013 to 4.1...
New Approaches Needed to Increase Employment in Pacific Island Countries: World Bank
New strategies are needed to address growing employment challenges in Pacific island countries, says a report released by the World Bank.
Statement at the Conclusion of an IMF Mission to Cameroon
An International Monetary Fund (IMF) mission, led by Mr. Mario de Zamaróczy, visited Cameroon during April 24–May 8, 2014 to conduct the 2014 Article IV Consultation discussions. The discussions focused on recent economic developments and the short...
Computer Programmers Join the “Code for Resilience” Hackathon to Enhance Vietnam’s Resilience to Natural Disasters
The Global Facility for Disaster Reduction and Recovery (GFDRR) and the World Bank, in collaboration with HATCH! PROGRAM, a leading entrepreneur community and social incubator in Vietnam, will host the global event: “Hackathon Code For Resilience” in...
IMF Executive Board Concludes 2014 Article IV Consultation with Jordan
On April 28, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Jordan and also completed the third and fourth reviews of Jordan’s economic performance under a three-year program supported by...
Expanding services trade offers major opportunities for growth and jobs, OECD says
The services sectors offer tremendous opportunities to stimulate growth and jobs worldwide, but much more can be done to reduce the existing barriers to international services trade, according to new OECD research.