IMF Completes Third Review under the Extended Fund Facility Arrangement for Jamaica and Approves US$71.4 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed the third review of Jamaica’s economic performance under a program supported by an Extended Fund Facility (EFF) arrangement. The completion of this review enables the disbursement...
Statement by the European Commission, the ECB and the IMF on Greece
Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) have concluded their review mission to Greece. The teams have reached staff-level agreement with the authorities on policies that could...
Progress made but Chile should better detect and thoroughly investigate foreign bribery, says OECD
Chile has made positive efforts to implement the Convention, but there has not been a single foreign bribery conviction. Chile did not sufficiently investigate several of the six foreign bribery allegations that have surfaced since 2001. Chilean...
Czech Republic is recovering, but more must be done to jump-start income convergence with euro area countries, OECD says
Urgent action needed to tackle rising inequality and social divisions, says OECD
Income inequality and social divisions could worsen and become entrenched unless governments act quickly to boost support for the most vulnerable in society, according to a new OECD report.
Lack of enforcement jeopardises South Africa’s fight against foreign bribery; OECD concerned that political and economic considerations may be an influence
South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations...
MEPs call it a day on roaming charges
Roaming price caps as expressed in eurocents per minute, per text message (SMS) and per...
IMF Mission on the Article IV consultation with the Dominican Republic
“The mission reviewed recent economic developments and discussed the near-term outlook for the Dominican Republic. It noted that economic developments in 2013 had been better than expected in the previous staff visit. However, it also noted that...
Philippines: Inclusive growth can be enhanced through sustainable reconstruction and job creation – World Bank
The Philippines expects to maintain strong growth rates in the next three years despite the difficult global environment and the devastation unleashed by Typhoon Yolanda. Addressing the jobs challenge while ensuring timely and sustainable...
Gender Gap Holds Back Africa’s Women Farmers: New Report Identifies Policy Interventions to Narrow and Eliminate Gender Inequality
Tackling the pervasive inequality faced by women farmers across Africa is critical if the continent is to reduce poverty, boost economic growth and feed its growing population, says a new report published by the World Bank Group and The ONE Campaign...
