Capital Markets Union: Common EU rules on securitisation will apply as of 1 January
The new harmonised securitisation rules, which will apply as of 1 January, are an important building block of the Capital Markets Union. They will help provide additional funding sources for companies, strengthen banks' ability to support the economy...
IMF Executive Board Completes Second Review of the Extended Credit Facility with Guinea
On December 21, 2018, the Executive Board of the International Monetary Fund (IMF) completed the second review of Guinea’s economic performance under the Extended Credit Facility (ECF) arrangement. Completion of this review enables the immediate...
Increasing Social Spending Can Boost Incomes and Consumption in China, Says World Bank
While growth is moderating, China’s economy continues to perform well. China’s GDP growth slowed to 6.5 percent year-on-year in the third quarter from 6.8 percent in the first half of 2018, mainly due to weaker trade and investment. Growth is...
IMF Executive Board Completes First Review Under the Extended Credit Facility and Approves US$25.1 Million Disbursement for Burkina Faso
On December 21, 2018, the Executive Board of the International Monetary Fund (IMF) completed the first review of Burkina Faso’s economic performance under a three-year program supported by the IMF’s Extended Credit Facility (ECF).
Taiwan yellow jacket movement pushing for tax and legal reform
“No Authoritarian, Need Survival” People marched on the street calling for transitional justice and reversal of wrongful tax cases.
Mexico Begins Mayan Train Project
Mexico's new president is asking businesses to invest in the Maya Train, a railway line that would link passengers to archaeological sites and popular tourist destinations.
Malaysia’s Economy Remains Resilient but Faces Global Headwinds
Malaysia’s economy is expected to grow at a more moderate pace in the near term, growing at 4.7 percent in 2019, according to the World Bank Malaysia Economic Monitor, launched, on December 18. But external factors, such as current trade tensions and...
IMF Executive Board Approves US$2.97 billion for Morocco Under the Precautionary and Liquidity Line
The Executive Board of the International Monetary Fund (IMF) approved a two-year arrangement for Morocco under the Precautionary and Liquidity Line (PLL) for SDR 2.1508 billion (about US$ 2.97 billion, or 240 percent of Morocco’s quota), on December...
IMF Executive Board Concludes 2018 Article IV Consultation with Cambodia
On November 28, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Cambodia.
IMF Staff Completes 2018 Article IV Visit to Fiji
An International Monetary Fund (IMF) team led by Mr. Pablo Lopez Murphy visited Fiji from December 3 to December 18, 2018, to conduct the discussions for the 2018 Article IV consultation.
