Finance & Economics

World Bank Reaffirms Partnership with Sudan

The Sudan National Multi-Donor Trust Fund (MDTF-N) was officially closed at a public event led by His Excellency Magdi Yassin, State Minister at the Ministry of Finance and National Economy, and Ms. Bella Bird, World Bank Country Director for Sudan,...

World Bank Supports Technical and Vocational Education to Prepare Youth for Jobs in Mauritania

The World Bank’s Board of Executive Directors has approved further support to Mauritania as the country continues to experience strong economic growth and seeks to prepare more young people for jobs through better technical and vocational education...

New US$250 Million Program for Tunisia to Promote Growth and Improved Economic Governance

The World Bank announced a US$250 million program for Tunisia in support of key economic and social reforms. The second Governance, Opportunity, and Jobs Development Policy Loan (GOJ DPL) focuses on laying the foundations for a competitive economy to...

2014 Spring REI for Central, Eastern and Southeastern Europe: Safeguarding the Recovery as the Global Liquidity Tide Recedes

The International Monetary Fund (IMF) launched in Istanbul, Turkey, its Spring 2014 Regional Economic Issues (REI) for Central, Eastern and Southeastern Europe (CESEE). The REI, which was first introduced by the IMF’s European Department in April 2013...

World Bank to Support Croatia’s Economic Recovery

The World Bank’s Board of Directors approved a EUR150 million (US$206.8 million) Second Economic Recovery Development Policy Loan (ERDPL2) to the Republic of Croatia. The loan aims to support the Government of Croatia’s efforts in accelerating...

IMF Executive Board Completes Third and Fourth Reviews Under the Stand-By Arrangement with Jordan and Concludes 2014 Article IV Consultation

On April 28, 2014, the Executive Board of the International Monetary Fund (IMF) completed the third and fourth reviews of Jordan’s performance under a three-year program supported by a Stand-By Arrangement (SBA) and concluded the Article IV...

2011 International Comparison Program Summary Results Release Compares the Real Size of the World Economies

The International Comparison Program (ICP) released new data showing that the world economy produced goods and services worth over $90 trillion in 2011, and that almost half of the world’s total output came from low and middle income countries.

Bread for the World Urges Senate to Reject Food Shipping Restrictions

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Survey: 70% of young people see EU membership as an asset in a globalised world

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A new survey reveals what is important to young people in the EU

Statement by the IMF Mission to the Republic of Belarus

“Expansionary macroeconomic policies, slowing trade-partner growth, and falling competitiveness caused the current account deficit to reach 10 percent of GDP last year. Meanwhile, output growth has remained low and inflation high. With high external...