Tanzania Could Boost its Economy by Reforming the Port of Dar es Salaam - World Bank
Tanzania and its East African neighbors could boost their annual Gross Domestic Product (GDP) by up to US$1.8 billion and US$ 830 million respectively by taking measures to improve the efficiency of the Port of Dar es Salaam, according to the latest...
World Bank Grant Supports “Accountability Upgrade” in Yemen to Drive Transparency and Efficiency
A US$5 million grant will improve efficiency, transparency and accountability of public finance management systems and institutions in Yemen and respond to popular demands for government that address the needs of citizens.
Philippine Workers in Taiwan Feel Backlash
Advocates for Philippine migrant workers say they are concerned about the effects of a hiring freeze Taiwan's government has put in place against the Philippines. The move came less than a week after a Philippine Coast Guard crew admitted shooting at...
Lao PDR Receives US$ 8 million from the World Bank to Strengthen the National Statistical System
The Vice Minister of Finance of Lao People’s Democratic Republic, H.E. Santiphab Phomvihane and the World Bank Country Manager for Lao PDR Keiko Miwa, signed today grant agreement in the amount of US$8 million to further support the Government’s...
Obama Turns Focus on Middle-Class Jobs
U.S. President Barack Obama says he is focusing on ways to help the American middle class make economic gains, to bring them in line with the economic recovery of big business.
IMF Executive Board Approves FY14–16 Medium-Term Budget
The Executive Board of the International Monetary Fund (IMF) has approved the IMF’s financial year (FY) 2014 administrative and capital budgets and endorsed indicative budgets for FY2015–16.
Call for oil revenues to improve living standards in Congo
Oil accounts for 80 to 90 percent of Congo’s exports and budget revenues.
IMF Executive Board Reviews Fund’s Income Position; Margin for Lending Rate Remains Unchanged for 2014 Financial Year
The Executive Board of the International Monetary Fund (IMF) has completed its annual review of the Fund’s income position for the financial year ending April 30, 2013 (FY2013) and maintained the margin for the lending rate for IMF credit at 100 basis...
Developing World’s Share of Global Investment to Triple by 2030, Says New World Bank Report
Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest...
Bread for the World Opposes the House FARRM Act of 2013
