Credit agreement signed to support more efficient transport in northern Vietnam
The State Bank of Vietnam and the World Bank signed a credit of US$ 250 million to improve the efficiency and sustainability of the road asset management and maintenance practices in Vietnam.
Upcoming events Publications and statistics Secretary-General speeches Photos and videos Contact us Norway high up the aid donor table but could improve allocation
Norway gave USD 4.8 billion in official development assistance (ODA) in 2012, or 0.93 percent of its gross national income (GNI). That made it the third most-generous member in terms of its ODA/GNI ratio of the OECD’s Development Assistance Committee...
Opening: Latvia joins Euro, bad weather, UN conference on Syria’s future
President Schulz congratulated Latvia on becoming the 18th country to join the Euro, promised a debate at the next session on the recent catastrophic weather and stressed Parliament’s support for the forthcoming UN conference on Syria’s future, in his...
IMF Executive Board Reviews Mandatory Financial Stability Assessments Under the Financial Sector Assessment Program
On December 6, 2013, the Executive Board of the International Monetary Fund (IMF) reviewed experience with the implementation of the decision adopted in 2010 to integrate financial stability assessments under the Financial Sector Assessment Program (...
Washington Week: Focus on Jobless Benefits, US Intelligence
Whether to restart jobless checks for America’s long-term unemployed will remain the focus of Senate debate this week. Benefits for more than a million people expired in December, coinciding with a dramatic slowing of U.S. job creation.
IMF Management Approves a Six-Month Extension of the Staff-Monitored Program for Zimbabwe
At the authorities’ request, International Monetary Fund (IMF) Management has approved a six-month extension of Zimbabwe’s Staff Monitored Program (SMP) to allow time for the national authorities to strengthen their policies and deliver on...
The challenges facing the EU in its relations with great powers this year
It’s not just in Europe that the EU faces many challenges. On a global scale it will have to find ways to successfully work together with its international partners such as the US, Russia and China.
New export credit rules will boost railway development and help countries achieve greener growth, OECD says
New international rules on state financing of rail exports will boost the development of cleaner transportation infrastructure and help countries meet green growth objectives, the OECD said.
Government of India and World Bank Sign $250 Million Agreement for Uttarakhand Disaster Recovery Project
The agreement was signed by Onno Ruhl, Nilaya Mitash, and Rakesh Sharma.
Violence Escalates as Libya Faces Oil Standoff
A standoff between Libya’s central government and militias who control oil fields threatens to escalate into conflict, after the rebels said they would sell oil directly to the world market despite a government ban. Militias in the east and south are...
