Slow Growth in the Middle East and North Africa Region Calls for Bold Approach to Economic Reform
Ongoing regional tensions, together with a challenging external environment, have hit the economies of the Middle East and North Africa (MENA) region hard. Economic growth is slowing, fiscal buffers are depleting, unemployment is rising, and inflation...
Food prices fall for first time in three months – UN agency
Workers in a food processing plant.
Donors doing too little to strengthen domestic revenues in fragile states, OECD says
International donors are not doing enough to help fragile states increase their domestic revenue, according to a new OECD report that shows only a tiny fraction of development aid goes into programmes to improve tax collection.
World Bank to help Lesotho improve Public Financial Management for more effective poverty reduction
The World Bank’s Board of Directors approved a US$5.5 million credit to the Government of Lesotho (GoL) to support their efforts for improving the country’s public financial management system.
Access to High Speed Internet is Key to Job Creation and Social Inclusion in the Arab World
The Middle East and North Africa (MENA) countries lag behind when compared with other regions in the development of broadband networks, internet access and use, and creation of digital content.
Winding up banks: EP reconfirms mandate and criticises Council for timewasting
Parliament’s negotiators on the proposed single resolution mechanism for ailing banks won its support on Thursday for the line they have taken in talks with EU member states on the last block of legislation needed to establish an EU banking union....
The Conclusion of an IMF Mission to the West Bank and Gaza
An International Monetary Fund (IMF) team led by Mr. Christoph Duenwald, the Mission Chief for the West Bank and Gaza, visited East Jerusalem and Ramallah during January 28-February 6, 2014, to assess recent economic developments in the West Bank and...
Myanmar Moves Toward Connectivity for All
The World Bank Group’s Board of Executive Directors approved a $31.5 million credit from the International Development Association (IDA) for a Telecommunications Sector Reform Project in Myanmar.
Thailand's Political Turmoil Brings Economic Uncertainties
Economists are warning of slower economic growth in Thailand while the country is gripped by political unrest. The U.S. ratings agency Fitch warns a prolonged political standoff could have a lasting negative impact on Thailand’s economic performance...
MEPs call for tougher measures against unfair imports from third countries
