Finance & Economics

Cambodia Sustains Strong Growth and Moving Up Manufacturing Value Chains

Increased exports of footwear, electrical machinery, equipment and auto parts has helped Cambodia’s economy to remain robust, but growth is projected to ease slightly to 6.8 percent in 2017, compared with 7.0 percent in 2016, says a new World Bank...

IMF Staff Concludes Mission to Bosnia and Herzegovina

An International Monetary Fund (IMF) mission, led by Nadeem Ilahi, visited Sarajevo and Banja Luka during November 7-21, 2017, to discuss recent economic developments and medium-term outlook for the 2017 Article IV consultation, and policies for the...

The Case for Sustaining State Fiscal Reforms: Nigeria Economic Update

Nigeria's GDP expanded by 1.4 percent in the third quarter of 2017 (year-on-year), the second quarter of growth after the recession of 2016, reflecting recovery in oil production, good performance in agriculture, and stronger non-oil industry growth...

Statement by an IMF Mission on Iraq

The Iraqi authorities and the staff of the International Monetary Fund (IMF) continued discussions in Amman from November 17 to 21, 2017 on the third review of Iraq’s 36-month Stand-By Arrangement (SBA). The IMF Executive Board approved the SBA on...

EU Budget 2018 deal: EP boosts support for youth and growth initiatives

MEPs have fought for and obtained better support for unemployed youngsters and additional funds to boost key initiatives supporting SMEs and research.

Afghanistan’s economic growth to pick up slightly, World Bank Says

Afghanistan’s economic growth is projected to increase slightly to 2.6 percent in 2017 from 2.2 percent in 2016 as the country’s deteriorating security weighs on the economy, according to the latest Afghanistan Development Update series released by...

Government of India and World Bank Sign Agreement to Set-Up Large-Scale Solar Parks

in-solarsigning_0.jpg

IMF Staff Completes 2017 Article IV Visit to the Kingdom of Lesotho

An International Monetary Fund (IMF) staff team led by Ms. Christine Dieterich visited Maseru from November 2-15, 2017, to conduct the 2017 Article IV Consultation discussions with the Kingdom of Lesotho.

The OECD calls on France to modernise and strengthen the co-ordination of labour immigration

In a new report, the OECD says that France should modernise and strengthen the co-ordination of labour immigration in order to attract foreign talent and align itself more closely with the needs of the labour market.

Better Fiscal Management Can Boost Economic Growth: Joint Government—World Bank Report

Better allocation of spending and raising revenues can help Myanmar meet urgent needs for investments in infrastructure and services without adding to the fiscal deficit and government debt, says a new joint report by the Ministry of Planning and...