World Bank Continues to Help Improve Croatia’s Land Administration System
The World Bank Board of Executive Directors, on August 1, approved a loan to the Republic of Croatia for the Integrated Land Administration System Project (ILAS) in the amount of EUR 19.7 million (US$ 24.07 million equivalent). This provides...
Demand for World Bank Financing in Middle East and North Africa Rises to US$6.3 Billion in 2018
The World Bank responded to strong demand from countries in the Middle East and North Africa Region (MENA) for development finance, global expertise and innovation during the financial year that ended on June 30th, 2018. In addition to US$6.3 billion...
IMF Executive Board Discusses 2018 Review of Facilities for Low-Income Countries
On July 20, 2018, the Executive Board of the International Monetary Fund (IMF) discussed a staff evaluation of the Fund’s facilities for low-income countries (LICs).
World Bank Group Announces Debarment of Chinese Information Technology Company
The World Bank, on August 1, announced the 15-month debarment of China-based Jiangsu Zhidehuatong Information Technology Co., Ltd. (TRACHTECH) in connection with fraudulent practices as part of the Hubei Xiangyang Urban Transport Project in China.
Follow-up to the EU-U.S. Joint Statement of 25 July: Imports of U.S. soybeans increase by over 280%
On August 1, the European Commission has published the latest figures on EU imports of soybeans, showing an increase of 283% in imports of soybeans from the U.S., bringing the EU's total share of imports of U.S. soybeans to 37%, up from 9% one year...
IMF Executive Board Completes Second Review of the Extended Arrangement Under the Extended Fund Facility with Gabon and Approves US$ 100.2 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed, on August 1, the second review of Gabon’s economic program supported by an extended arrangement under Extended Fund Facility (EFF). Completion of the review enables the immediate...
B.C. Interior needs break from Victoria
The Canadian Taxpayers Federation (CTF) is calling on the provincial government to give interior residents a break by cutting fuel taxes, fixing ICBC and axing the Employer Health Tax (EHT).
Maldives and the World Bank Sign $ 12 million Agreement to Improve Efficiency of Public Finances and Services
The Maldives and the World Bank Board signed a $12 million agreement to further strengthen the Maldives public sector financial management systems, on July 31. Building on the existing Public Financial Management Systems Strengthening Project, on July...
Bangladesh: World Heritage Site threatened by ‘heedless industrialisation’ - UN expert
Researchers travelling on a small canal during a field visit to the Sundarbans in Bangladesh...
State aid: Commission approves most of the electricity contribution reductions granted to electricity-intensive companies in France in 2003-15 and asks France to recover part of the reductions
The European Commission has approved most of the electricity contribution reductions granted to electricity intensive companies in France in 2003-15. These measures helped towards achieving the EU's climate and energy objectives without unduly...
