IMF Mission Concludes Visit to Algeria
“Economic performance in 2013 has been satisfactory. Inflation, which reached 8.9 percent last year, has decelerated to 4.5 percent as of October thanks to fiscal consolidation and prudent monetary policy.
Mobilise the national resources of developing countries, says ACP-EU Assembly Vice-President Patrice Tirolien
"Development financing must be centred on the mobilisation of national resources so as to promote endogenous development," said Patrice Tirolien (S&D, FR), Vice-President of the ACP-EU Joint Parliamentary Assembly (JPA), at the opening ceremony of...
New Report Warns that Reduced SNAP Funding Could Affect 6 Million Americans
The Hunger Report 2014: Ending Hunger in America, Bread for the World Institute president Rev. David Beckmann warned that reducing funding for food stamps by $39 billion, as the House of Representatives is pushing to do, would increase hunger for six...
New World Bank Support for Island Nation of Tuvalu
The World Bank’s Board of Executive Directors approved a new Development Policy Operation for the island nation of Tuvalu to help it rebuild its financial reserves and deliver more effective health and education services for its population of 11,000...
WB/Brazil: 11 Million to Benefit from Better Urban Transport and Access to Public Services in Rio
More than 11 million people living in Rio de Janeiro’s Metropolitan Area will benefit from new policies designed to better integrate different modes of the city’s transport system.
East African Central Bank Supervisors and Financial Stability Officials Share Experiences on the Implementation of Basel Frameworks
The International Monetary Fund (IMF)’s East African Regional Technical Assistance Center (East AFRITAC) held a regional workshop on the implementation of the Basel II and III frameworks in Kigali, Rwanda, on November 18-22, 2013, to discuss practical...
More UK small businesses benefiting as lending scheme hits three-year high
UK small and medium-sized enterprises (SMEs) are increasingly able to secure bank loans supported by a Government-backed scheme, as lending under the scheme reached its highest level since 2010.
Job creation vital as number of youth in least developed nations expected to soar – UN
Young Yemeni women at work weaving a rug. Bani Hushaish, Yemen.
MEPs approve new cohesion policy: €325bn to invest in Europe's regions
One third of the EU budget for 2014-2020 will be invested in member states, to boost regional...
Lao PDR: Statement by the World Bank on recent developments around irrigation scheme utilizing water discharged from the Nam Theun 2 downstream channel
Lao PDR and the World Bank Group have been close partners in the development and implementation of the Nam Theun 2 project. Analysis of several rounds of socio-economic monitoring shows that over 97% of households resettled under the Nam Theun 2...
