Finance Ministers Join Forces to Raise Climate Ambition
On April 13, at the Spring Meetings of the World Bank Group and International Monetary Fund, Finance Ministers from more than twenty countries launched a new coalition aimed at driving stronger collective action on climate change and its impacts. The...
World Bank Group and Germany Announce Enhanced Cooperation in the Middle East and North Africa
The World Bank Group and the German Federal Ministry for Economic Cooperation and Development (BMZ) signed a declaration of intent to foster cooperation on sustainable and inclusive development in the Middle East and North Africa Region (MENA), on...
Reforms in a few countries drive a decline in average OECD labour taxes
Over 18,500 Youth in PNG see Increasing Opportunities through Urban Youth Employment Project
Since it began in 2010, UYEP has provided more than 18,500 unemployed urban young people (aged between 16 and 35 years) with income, training and temporary employment opportunities aimed at increasing their employability, 41 percent of them young...
IMF Staff Concludes 2019 Article IV Visit to Oman
An International Monetary Fund (IMF) team led by Stéphane Roudet visited Muscat from March 26 to April 8 to hold the 2019 Article IV consultation discussions with Oman.
World Bank Launches Human Capital Plan to Propel Investment in Africa’s People
The World Bank unveiled a new plan to help African countries strengthen their human capital on April 11. The objective of the plan is to enable Africa’s young people to grow up with optimal health and equipped with the right skills to compete in the...
Country Diagnostics from Development Finance Institutions Now on Joint Website
Leading development finance institutions launched a new joint website on Apr. 10 that provides in-depth economic analysis of the countries they support and helps them address key challenges.
Public Procurement Experts Share Insights in Public Investment Management at Forum in Uzbekistan
April 10, 2019 – The 15th Procurement, Integrity, Management and Openness (PRIMO) Forum began in Tashkent with more than 100 participants from 25 countries. Since 2005, the PRIMO Forum has served as a global platform for the exchange of knowledge and...
Over 18,500 Youth in PNG see Increasing Opportunities through Urban Youth Employment Project
A new report into the Urban Youth Employment Project (UYEP) has found that participation in the program significantly increases the employment rates for both young men and women in Port Moresby and is benefiting the welfare and prospects of...
Governments must act to help struggling middle class
