Finance & Economics

£11bn Olympic legacy target smashed during UK’s biggest ever Export Week

The UK has met a four year target to raise £11 billion worth of economic benefit from the London Olympic and Paralympic Games in just over one year.

New Poverty Figures from Household Budget Survey

The World Bank welcomes the release of the initial poverty statistics from the 2011/12 Household Budget Survey by the National Bureau of Statistics (NBS). The new poverty rate for Tanzania is estimated at 28.2 per cent in 2011/12, which captures the...

IMF Statistical Forum Discusses the Role of Statistics for Global Economic and Financial Stability

A forum organized by the Statistics Department of the International Monetary Fund (IMF) this week discussed the key role of statistics in support of effective policy actions taken by country authorities and policy advice provided by the IMF.

Governments can do more to regain trust, says OECD report

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IMF Executive Board Concludes the 2013 Article IV Consultation with Sierra Leone

On October 21, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Sierra Leone, and approved a three–year arrangement under the Extended Credit Facility (ECF) in support of the authorities’...

Eurozone Economic Growth Nearly Stalls

Economic growth in Europe's 17-nation euro currency bloc has nearly stalled again, only months after it emerged from a recession that lasted 1.5 years.

France : Reinforcing competitiveness is key to boosting jobs and growth

Improving France’s competitiveness is essential to boost the economic growth needed to create jobs and allow citizens and businesses to develop their full potential, according to a new OECD report.

New Poverty Figures from Household Budget Survey

The World Bank welcomes release of the initial poverty statistics from the 2011/12 Household Budget Survey by the National Bureau of Statistics (NBS). The new poverty rate for Tanzania is estimated at 28.2 per cent in 2011/12, which captures the...

Malawi-Zambia Traders Brainstorm Solutions to Informal Cross Border Trade Constraints

Despite its benefits, conducting cross-border transactions remains expensive for small traders in Malawi and Zambia, costing them 62 percent more in border costs than large formal traders. While there are systems in place to facilitate cross-border...

World Bank Affirms Support for Pro-poor Projects in Egypt

During a two-day visit to Egypt, the World Bank Regional Vice President for the Middle East and North Africa (MENA), Inger Andersen, affirmed support to the people of Egypt through continued engagement in job creation, energy sector reform, setting up...