World Bank Introduces Sustainable Development Goals Index-Linked Bonds for Retail Investors in Hong Kong and Singapore
The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) has priced new bonds that offer retail investors in Hong Kong and Singapore the opportunity to promote the Sustainable Development Goals (SDGs). Returns on the bond...
IMF Staff Completes 2018 Article IV Mission to Nepal
An International Monetary Fund (IMF) team, led by Geert Almekinders, visited Kathmandu and Pokhara during December 2-13 to hold discussions for the 2018 Article IV consultation. The team met with Minister of Finance Dr. Yuba Raj Khatiwada, Central...
IMF Staff Completes 2019 Article IV Consultation to Malaysia
An International Monetary Fund (IMF) team, led by Nada Choueiri, visited Kuala Lumpur and Putrajaya from November 29 to December 12, 2018, to conduct discussions for the 2019 Article IV Consultation with Malaysia.
IMF Staff Completes 2018 Article IV Visit to Myanmar
An International Monetary Fund (IMF) team led by Mr. Shanaka J. Peiris visited Myanmar from November 28 to December 13, 2018, to conduct discussions for the 2018 Article IV consultations.
Faster Transition to Clean Energy Would Bring Great Benefits to Poland
Scaling up renewable energy sources in Poland would benefit the economy, improve people’s health, and reduce serious environmental problems - including the worst air pollution among cities in Europe - says a new World Bank report, “Poland Energy...
Kazakhstan Must Rise to Challenge of Diversification, as Productivity Stagnates
Kazakhstan’s real gross domestic product (GDP) growth is projected at 3.8% for 2018 – down from 4.1% in 2017 – and to stabilize at around 3% in the medium term, according to the World Bank’s latest Kazakhstan Economic Update.
Asian and Pacific economies: decreases in tax revenue highlight need to broaden tax bases
The fifth edition of Revenue Statistics in Asian and Pacific Economies – released today – shows that tax-to-GDP ratios fell in most of the 16 Asian and Pacific economies covered by the report between 2015 and 2016 due to a combination of policy...
“Seizing a Brighter Future for All”: World Bank Systematic Country Diagnostic for FYR Macedonia
The Former Yugoslav Republic (FYR) of Macedonia has considerable potential to accelerate economic growth, reduce poverty, and promote improvements in the living standards of its citizens, especially for those at the bottom of the income distribution,...
Sustainable development demands a broader vision, says new OECD Development Centre report
Economic growth does not necessarily go coupled with well-being. The first industrialised countries increased their populations’ well-being with rates of economic growth lower than those experienced by emerging economies: many of the latter are...
Stronger Financial Management in the Marshall Islands to Improve Delivery of Essential Services
A new project to improve the efficiency and effectiveness of budgeting and reporting in Marshall Islands was today launched by the World Bank’s Regional Vice President for East Asia and the Pacific, Victoria Kwakwa and the Minister of Finance for the...
