Finance & Economics

Mongolian appliances retailer BSB Service to get new store and warehouse

The EBRD is continuing to support the diversification of the Mongolian economy with a US$ 4 million senior loan and US$ 2 million mezzanine loan, one of the first in the country, to support the leading electronic retailer BSB Service.

Indonesia can boost food security through investment, trade and subsidy reform, says OECD

Indonesia’s agro-food trade, 1990-2010
graph indonesia_0_0.PNG

Global Financial Leaders Ponder Jobs, Growth and Politics

VOA IMf 組_0.jpg

Middle East and North Africa : Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD

Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural...

Growth to Slow in East Asia and Pacific in 2012, But Domestic Demand Will Play Key Role in Rebound Next Year

Economic growth in the East Asia and Pacific region may slow down by a full percentage point from 8.2 percent in 2011 to 7.2 percent this year, before recovering to 7.6 percent in 2013. Growth in developed countries will remain modest, with recovery...

IMF Managing Director Christine Lagarde Highlights the Strong Performance of GCC Countries and Welcomes their Positive Contribution to World Stability

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a meeting in Riyadh, Saudi Arabia, with the finance ministers and central bank governors of the six-nation Gulf...

Internet firms driving information technology industry growth, says OECD

1OECD20121004_0_0.jpg

Despite Slower Growth, Latin America Nears Historic Unemployment Lows

This year, the Latin America and the Caribbean region (LAC) will be growing at 3.0 percent, more in line with global trends.

World Bank to Help Immunize 34.8 million Children in Pakistan against Polio

The World Bank’s Board of Directors today approved a US$24 million second additional financing for the Third Partnership for Polio Eradication Project (TPPEP) to support the Government of Pakistan’s efforts to immunize 34.8 million children against...

Unemployment Rises in Spain With No Relief in Sight

Unemployment rose in Spain for the second-consecutive month, as talks of a European bailout intensify. Meanwhile, officials warned the economy is likely to shed more jobs in the next few months.