Finance & Economics

Economics, Trade to Feature in Asia-Europe Summit

The strengthening of economic ties between Asia and Europe, along with regional stability and security, will be featured in talks this week when leaders of 49 countries hold a two-day summit in Vientiane, Laos.

Small and medium-sized enterprises growth key to economic stability in emerging Arab democracies

Job creation via the development of successful small and medium-sized enterprises (SMEs) will be a crucial element in the transition to economic stability in burgeoning democracies in the Middle East and North Africa, Sir Suma Chakrabarti, the...

Organization for Security and Co-operation in Europe supports trade facilitation through better customs procedures

An Organization for Security and Co-operation in Europe (OSCE)-supported training course on the harmonized customs procedures within the Customs Union between Belarus, Kazakhstan and Russia concluded today in Astana.

Investment: G20 governments must step up efforts to resist protectionism, says OECD, WTO, UNCTAD report

The OECD, WTO and UNCTAD have called on G20 governments to step up efforts to resist protectionism in the face of continuing high unemployment and a weak economic recovery.

The Democratic Republic of Timor-Leste Begins Participation in the IMF’s General Data Dissemination System

The Democratic Republic of Timor-Leste began participating in the International Monetary Fund’s (IMF’s) General Data Dissemination System (GDDS) on October 31, 2012, marking a major step forward in the development of its statistical system.

Economic co-operation to support democratic transition in Mediterranean focus of OSCE Rome conference

Supporting democratic transition and political reforms through economic co-operation in the Southern Mediterranean region is the topic of a two-day OSCE conference that opened yesterday in Rome.

Statement at the Conclusion of an IMF Staff Mission to Togo

An International Monetary Fund (IMF) mission led by Montfort Mlachila visited Togo during October 22-30, 2012, to review recent economic developments, the draft supplementary budget for 2012, and the draft 2013 budget. It also analyzed preparatory...

IMF Executive Board Relaxes Most Restrictions on Technical Assistance to Zimbabwe, Opening Way for Future Staff-Monitored Programs

The Executive Board of the International Monetary Fund (IMF) has further relaxed the restrictions on IMF technical assistance to Zimbabwe that resulted from the country’s protracted financial arrears to the Poverty Reduction and Growth Trust.

IMF Concludes EFF Review Mission to Seychelles

“The government has made sustained progress in implementing the IMF-supported program. All end-June 2012 quantitative targets under the program were met—some, including the fiscal primary balance target, by a wide margin.

Global Forum on tax transparency welcomes new members and reviews 12 countries

At the Global Forum in Cape Town, South Africa, delegates from 81 jurisdictions and 11 international organisations evaluated whether all Forum members are exchanging tax information effectively.