Finance & Economics

IMF Executive Board Concludes 2018 Article IV Consultation with Italy

On January 25, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the 2018 Article IV consultation with Italy.

New Financing Package Supports Economic Empowerment, Service Delivery, and Institutional Reforms in Afghanistan

The World Bank and Ministry of Finance of Afghanistan, signed a new financial package totaling $325 million in grants to strengthen economic and job opportunities in cities with a high influx of displaced people, on Febuary 6. Also the grant will...

Italy: Toward Growth, Social Inclusion, and Sustainability

IMF Country Focus interviewed Rishi Goyal, the head of the IMF team for Italy, to discuss some of these reforms, the risks facing the economy, and the report’s overall findings.

World Bank Group Debars Two Nigerian Waste Management Companies and Their Owner for Five Years

The World Bank on Febuary 6 announced the five-year debarment of Rojoke CNE Services Ltd. (Rojoke) and CNE Environmental & Waste Services Ltd. (CNE), both Nigeria-based companies, and their owner, Mr. Robinson Ekenedilichukwu Ojoko, for engaging...

Euro 30 Million to Help Caribbean Enhance Climate Resilience and Adaptation

The European Union (EU) has signed two agreements with the World Bank’s (WB) Global Facility for Disaster Reduction and Recovery (GFDRR) to provide funding totaling EUR 30.7 million that will strengthen disaster risk management (DRM) in the Caribbean...

Macroeconomic Stability in Lao PDR Amidst Uncertainty

Economic growth in Lao PDR is estimated at 6.5 percent in 2018, down from 6.9 percent in 2017, in part due to the adverse impact of the recent widespread floods. The construction of infrastructure, export of electricity, and service sector have been...

IMF Executive Board Concludes 2018 Article IV Consultation with the Republic of Belarus

On January 16, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Belarus.

The cyclical recovery of the Belarusian economy continues, with growth in the first three...

Member states jeopardising the rule of law will risk losing EU funds

Assisted by a panel of independent experts, the EU Commission would be tasked with establishing “generalised deficiencies as regards the rule of law” and decide on measures that could include suspending EU budget payments or reducing pre-financing....

Impact Investment needs global standards and better measurement

Social impact investment, which aims to improve well-being as well as earn a financial return, could be more effective if it were more clearly defined internationally with more measurable outcomes, according to a new OECD report.

Knowledge Exchange Program between World Bank and Parliamentarians of Nepal

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