Finance & Economics

World Bank Managing Director Visits Nepal, Emphasizes Support to Green, Resilient, and Inclusive Development

World Bank Managing Director for Development Policy and Partnerships, Mari Pangestu concluded her five-day visit to Nepal, reiterating the World Bank’s commitment to support Nepal’s resilient recovery from the pandemic. She was joined by Regional Vice...

Togo: Sustainable and inclusive growth will depend on agricultural productivity and trade

While Togo has made undeniable progress in certain areas, the West African nation is yet to take full advantage of its potential to achieve sustainable and inclusive growth, the World Bank said in its latest Togo Country Economic Memorandum, on June...

IMF Executive Board Completes the Sixth Review of the Policy Coordination Instrument for Rwanda

On June 22, 2022, the Executive Board of the International Monetary Fund (IMF) completed the sixth review of the Policy Coordination Instrument (PCI). The PCI was approved on June 28, 2019 ( Press Release No.19/258 ) to facilitate macroeconomic and...

IMF Executive Board Concludes 2022 Article IV Consultation with the Republic of Uzbekistan

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Uzbekistan.

IMF Executive Board Concludes 2022 Article IV Consultation with the Principality of Andorra

On June 10, 2022, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Principality of Andorra and endorsed the staff appraisal without a meeting.

Mauritania Economic Update 2022: The private sector at the center of economic transformation and job creation

According to the fifth edition of the World Bank's Report on the Economic Situation in Mauritania, the country's economic recovery in 2021 was robust but below pre-COVID-19 levels and growth potential.

IMF Staff Visit Discusses Reform Plans and Economic Developments in Ethiopia

A staff team from the International Monetary Fund (IMF), led by Sonali Jain-Chandra, visited Ethiopia for a technical staff visit with the Ethiopian authorities during June 13-17. The purpose of the staff visit was to discuss the authorities’ reform...

Belgium must continue reforms to sustain recovery and future growth

Belgium should intensify structural reform efforts to strengthen public finances and raise its economic potential as the war in Ukraine exacerbates fiscal and economic challenges and poses risks to the recovery.

World Bank approves loan to support in fiscal and green reforms in the municipality of Rio de Janeiro

The World Bank Board of Directors approved on June 16, the Rio de Janeiro Adjustment and Sustainable Development Policy Loan, a US$ 135.2 million disbursement to the Municipality of Rio de Janeiro with the goal to strengthen fiscal management to...

Act now to end food, energy and finance crisis, Guterres urges world leaders

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A family shares a meal in Yemen with food provided by the UN World Food Programme (WFP...