World Bank Supports Policy and Institutional Reforms for Lao PDR’s Resource-rich Economy
The World Bank Board of Executive Directors today approved US$20 million in grant financing for the Eighth Poverty Reduction Support Operation (PRSO)—the first operation of the third programmatic series of operations. The grant builds on the strong...
Employment: Commission proposes €1.5 million from Globalisation Fund to help Dutch workers in aluminium industry
The economic and financial crisis has seriously hit the construction and transport industries, two sectors which represent the main end-user market of aluminium products. As a consequence the European aluminium sector suffered from a sudden drop in...
Statement at the Conclusion of an IMF Mission to Guinea
An International Monetary Fund (IMF) mission visited Conakry during July 19–August 8, 2012 to conduct discussions on the first review of a program supported by the Extended Credit Facility (ECF, an IMF’s main tool for medium-term financial support to...
The Islamic Republic of Iran Begins Participation in the IMF’s General Data Dissemination System
The Islamic Republic of Iran began participating in the International Monetary Fund’s General Data Dissemination System (GDDS) on August 6, 2012, marking a major step forward in the development of its statistical system. Comprehensive information on...
UK innovation going for gold
The US / UK Financing Innovation Conference aims to highlight the quality of British companies, the UK research base and encourage venture capitalists to get behind the emerging breed of innovative, high-growth firms. It will also bring investors...
Concluding Statement by an IMF Mission to Benin
“The Beninese economy is projected to grow at 3.5 percent in 2012, similar to the rate of growth last year. An increase in cotton production during the 2011/12 campaign will be offset by a reduction in real household income driven by the hike in the...
Yemen Battles Hunger While Struggling with Multiple Crises
Tucked away in the corner of the Arabian Peninsula and somewhat obscured by surrounding Persian Gulf countries, Yemen is struggling with multiple crises: If an ongoing uprising and endless clashes between Yemen’s security forces and al-Qaida militants...
Food Price Volatility a Growing Concern, World Bank Stands Ready to Respond
Given the exceptional drought in the US, current crop conditions in other grain producing regions, and the resulting increase in international food prices, the World Bank today expressed concern for the impacts of this volatility on the world's poor,...
July 2012: Economic sentiment declines in the EU and the euro area
In July the Economic Sentiment Indicator (ESI) decreased by 1.4 points in the...
World Bank Approves Funds for Boosting Regional and International Trade in Central Africa
The World Bank’s Board of Executive Directors today approved US$125 million to finance transport and trade improvements in the Central African Republic (CAR).
