Finance & Economics

MEPs demand finance ministers and Council step up fight against tax evasion

The Council and finance ministers were sharply criticised by MEPs on Tuesday for their lacklustre performance in fighting tax evasion and avoidance.

IMF Staff Completes 2017 Article IV Visit to Indonesia

An International Monetary Fund (IMF) team led by Mr. Luis E. Breuer visited Indonesia from November 1 to 14, 2017, to conduct the discussions for the 2017 Article IV Consultation.

Aid for Trade: Helping developing countries to achieve prosperity through trade and investment

On November 14, the Commission has set out a renewed vision on how to help developing countries fight poverty and create more and better jobs through trade and investment.

BRICS Double Lending to Poor Countries as Foreign Direct Investment Falls to Lowest Point since 2009 Crisis

In its latest analysis of global debt and equity flows, the World Bank reports that financial flows to low- and middle-income countries rose in 2016 to $773 billion - three times their 2015 levels, according to International Debt Statistics 2018 (IDS...

Digitalisation key to sustaining growth in Emerging Asia, says new report

Digitalisation can foster continued growth in Emerging Asia (the ten member countries of the Association of Southeast Asian Nations, China and India) over the medium term, according to the OECD Development Centre’s Economic Outlook for Southeast Asia...

World Bank – Austria Urban Partnership Program Supports Municipal Leaders in South East Europe

Local and central government representatives from seven South East Europe (SEE) countries, on November 14, attended a City to City Dialogue in Skopje to share good practices and findings from the Municipal Finance Self-Assessment (MFSA) and Urban...

OECD unemployment rate stable at 5.7% in September 2017

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IMF Staff Concludes 2017 Article IV Visit to Korea

An International Monetary Fund (IMF) staff team led by Tarhan Feyzioglu visited Seoul during November 1–14 to conduct discussions for the 2017 Article IV Consultation.

IMF Executive Board Completes Seventh and Eighth ECF Reviews for Liberia And Approves US$20.7 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) on November 13, completed the seventh and eighth (final) reviews of Liberia’s economic performance under the program supported by the Extended Credit Facility (ECF) arrangement.

IMF Staff Concludes Visit to Republic of Lithuania

An International Monetary Fund (IMF) mission visited Vilnius during November 7–13, 2017, to discuss recent economic developments and policy priorities with the Lithuanian authorities.