Recovery continuing in G7 countries, but emerging economies are mixed, OECD says
Libyan Parliament Dumps PM Over Oil Dispute
Libya's parliament has voted to remove the country's prime minister after a tanker loaded with crude oil from a rebel-held port escaped the navy and made it to international waters. The episode was the final straw for Ali Zeidan, who faced criticism...
IMF Mission Reaches Staff Level Agreement with Seychelles on a 3-year Successor Arrangement Under the Extended Fund Facility
An IMF staff mission led by Mr. Marshall Mills visited Victoria during February 26-March 11, reaching agreement with the Seychellois authorities on their request for a new 3-year arrangement under the Extended Fund Facility, in support of the economic...
Poland can grow faster through labour market and pro-competition reforms, OECD says
Poland’s economic performance has been impressive over the past 15 years, but further reforms are now needed to put the economy firmly back on track for stronger and sustainable growth, according to the OECD’s latest Economic Survey of Poland.
World Bank Group Statement on Ukraine
The World Bank Group has received a request for support from the interim Ukrainian government and stands ready to continue supporting the Ukrainian people. The World Bank Group aims to support reforms and provide up to US$3 billion in 2014.
New approach needed to boost strong and sustainable tourism growth, says OECD
tourism-related taxation to stimulate job creation and encourage visitor spending. There has been an increase in the number and scope of tourism-related taxes, fees, charges in recent years, notably those designed to better manage the environmental...
The bridge where two alphabets meet
The friendship bridge
IMF Executive Board Approves US$127.6 Million Extended Arrangement for Armenia
The Executive Board of the International Monetary Fund (IMF) approved a 38-month SDR 82.21 million (about US$127.6 million, or 89.4 percent of Armenia’s quota) Extended Fund Facility (EFF) arrangement with the Republic of Armenia to support the...
World Bank and Government of Japan to Support Expansion of Community Seed Funds in the Kyrgyz Republic
The World Bank and the Ministry of Finance of the Kyrgyz Republic have signed an agreement for the US$ 2.8 million grant from the Japan Social Development Fund (JSDF) to increase agricultural productivity through support for the expansion of the...
IMF Executive Board Concludes 2014 Article IV Consultation with Nigeria
Real GDP is projected to grow at 6.4 percent in 2013 owing to continued strong performance in the non-oil sector. Inflation declined to 7.9 percent at year end, supported by lower food price, fiscal consolidation, and a tight monetary policy stance....
