Finance & Economics

World Bank Helps Bangladesh Create More and Better Jobs

The government of Bangladesh signed a $250 million development policy operation to support the country’s reform efforts to create large-scale, better-paid and inclusive jobs, on January 9.

International co-operation vital to improve integration of refugees

Countries should increase their co-operation and information sharing to enable them to deal more effectively and quickly with inflows of humanitarian migrants, according to a new OECD report.

IMF Executive Board Concludes 2018 Article IV Consultation with Burkina Faso

On December 21, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Burkina Faso. The Board also completed the First Review of Burkina Faso’s economic performance under a three-year program...

OECD annual inflation slows to 2.7% in November 2018 due mainly to easing energy price rises

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Darkening Prospects: Global Economy to Slow to 2.9 percent in 2019 as Trade, Investment Weaken

Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank said on January 8. International trade and manufacturing activity have softened...

World Bank: Investments in People Critical for Future Growth

On December 21,Decision makers along with representatives from civil society and the private sector from Algeria, Egypt, Libya, Morocco, Tunisia, and other Middle East and North Africa (MENA) countries were convened in Tunis to debate the findings of...

IMF Executive Board Concludes 2018 Article IV Consultation with Panama

On December 12, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Panama.

New EU rules to eliminate the main loopholes used in corporate tax avoidance come into force on 1 January

As of 1 January 2019, all Member States shall apply new legally binding anti-abuse measures that target the main forms of tax avoidance practiced by large multinationals.

Japan should reform retirement policies to meet challenge of ageing workforce

Japan must improve job quality and further reform the mandatory retirement age to address upfront the challenges of its rapidly ageing and shrinking labour force, according to a new OECD report.

World Bank Updates Growth Forecasts for the Philippines

As part of its forecasting exercise, the World Bank has updated its growth projections for the Philippines to 6.4 percent in 2018 and 6.5 percent in 2019, to reflect recent economic trends.