IMF Executive Board Concludes 2018 Article IV Consultation with Japan
On November 21, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Japan.
Cambodia Continues to Grow Despite Global Economic Challenges: World Bank
While global economic prospects continue to moderate, and risks have heightened, Cambodia continues to grow, according to the latest edition of the World Bank’s Cambodia Economic Update report, released on November 28. The growth rate is expected to...
Thailand and the World Bank Group Renew their Partnership to Transform Thailand Together
The World Bank Board of Directors, on November 27, endorsed a new Country Partnership Framework for Thailand, defining the strategic focus of the World Bank Group’s engagement with the country from 2019 to 2022. This partnership framework will support...
Liberia: New Country Partnership Framework to Boost Sustainable Economic Growth and Development
The World Bank Group (WBG) Board of Executive Directors, on November 27, endorsed a six-year Country Partnership Framework (CPF) to support Liberia’s effort to achieve sustainable, resilient pro-poor economic growth and development. The CPF responds...
Growth in Gulf Countries to Rebound in 2018-2019
A sustained increase in oil prices over the past two years has driven an economic recovery in the Gulf Cooperation Council (GCC) countries, but government-led reforms need to continue to keep up the momentum, according to the World Bank’s biannual...
Uber Fined $1.2 Million For 2016 Data Breach
British and Dutch regulators have fined ride-hailing company Uber $1.2 million for what it said were inadequate security measures that left personal data at risk for a cyber attack.
Statement by IMF Staff Mission to Argentina
An International Monetary Fund (IMF) mission led by Mr. Roberto Cardarelli visited Argentina during November 9–16, 2018 to conduct discussions on the Second Review of Argentina’s IMF-supported program under the Stand-By Arrangement (SBA).
IMF Executive Board Completes First Review of Malawi's ECF Arrangement and Approves US$ 15.4 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) on November 21, completed the first review of Malawi’s performance under its program supported by a three-year arrangement under the Extended Credit Facility (ECF).
Korea Invests $9 Million to Support Development of Science and Technology Skills Across Sub-Saharan Africa
The International Centre of Insect Physiology and Ecology (ICIPE signed an initial US$ 3.8 million grant agreement with the World Bank on November 23, as part of a larger US$ 9 million grant by the Government of Korea to support the Regional...
IMF Reaches Staff-Level Agreement on the Sixth Review of Mongolia's Extended Fund Facility
An International Monetary Fund (IMF) staff team led by Mr. Geoff Gottlieb visited Ulaanbaatar from November 7-17, 2018 to conduct discussions on the sixth review of the three-year Extended Fund Facility (EFF) arrangement approved on May 24, 2017, in...
