Cook Islands Joins Pilot Program to Insure Against Natural Disasters
The Pacific Catastrophe Risk Insurance Pilot was renewed for its second season, with Cook Islands newly joining five other participating Pacific island countries - Marshall Islands, Samoa, Solomon Islands, Tonga, and Vanuatu - to gain insurance...
US Treasury: Chinese Currency Still 'Significantly Undervalued'
The Obama administration has again criticized China for significantly undervaluing its currency, but stopped short of labeling Beijing a currency manipulator.
Turkey and World Bank Group Reinforce Cooperation on Improving Islamic Finance and the Country’s Investment Climate
World Bank Group President Jim Yong Kim opened the Global Center for Islamic Finance, together with Turkish Deputy Prime Minister Ali Babacan, as part of a two-day visit to Turkey that focused on enhancing the partnership between the Bank Group and...
IMF Executive Board Concludes Annual Discussions on CEMAC Countries’ Common Policies
On October 23, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the annual discussions on Common Policies of Member Countries with the Central African Economic and Monetary Community (CEMAC).
Reforms Through Process Simplification and Automation Make Business Start-ups Easier in Bangladesh
A new World Bank Group report says that Bangladesh has made notable progress in reforms that make it easier to start and run a business in the country.
UN Economic and Social Council set to tackle new sustainable development agenda
The United Nations Economic and Social Council has embarked on a timely slate of far-reaching reforms that will make it a stronger, more issues-oriented body, as Secretary-General Ban Ki-moon notes that mounting global economic, social and...
World Bank Approves US$200 million to Promote Transparency and Accountability reforms in Morocco
A US$ 200 million loan to Morocco, approved, supports a comprehensive program to foster inclusive governance reforms. The Transparency and Accountability Development Policy Loan (DPL), HAKAMA, is the first of two operations which will strengthen...
IMF Mission to the Republic of Belarus
An International Monetary Fund (IMF) team led by Mr. David Hofman visited Belarus during October 17–28, 2013 to hold Post-Program Monitoring discussions. The team met with Prime Minister Mikhail Myasnikovich, Chair of the Board of the National Bank of...
S. Sudan in Brief: EAC Customs, Visa Deal - Businesses Want Tax Reforms
Sudan - South Sudan map
$160 Million Financing for Rajasthan Road Sector Modernization Project, India –2500 km of Rural Roads to be constructed, 1300 villages to be connected
The World Bank approved a $160 million credit for the Rajasthan Road Sector Modernization Project to support the government of Rajasthan improve rural connectivity, enhance road safety and strengthen the road sector management capacity of the state....
