Finance & Economics

IMF Executive Board Concludes 2018 Article IV Consultation with Greece

On July 27, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Greece.

Following a deep and protracted contraction, growth has finally returned to Greece.

Taxpayers Federation welcomes reduction in size of Toronto city council

The Canadian Taxpayers Federation (CTF) welcomed news on Jul 30 that Ontario Premier Doug Ford reducing the size of Toronto’s city council.

IRS offers guidance on recent 529 education savings plan changes

The Internal Revenue Service and Department of the Treasury announced their intent to issue regulations on three recent tax law changes affecting popular 529 education savings plans on Jul 30, 2018.

Madagascar Economic Update: Inclusive Growth is Essential for Poverty Reduction

Overall, the economy has been performing well, with growth estimated at 4.2 % in 2017 and projected at 5.0 % in 2018, according to the latest edition of the World Bank’s Madagascar Economic Update, released, on July 31.

World Bank Commends the Philippines for the Signing of Bangsamoro Organic Law

The World Bank Vice President for East Asia and Pacific Victoria Kwakwa congratulates President Rodrigo Roa Duterte and the Philippine Government for the signing of the Bangsamoro Organic Law which will give greater autonomy to the Moro people.

Improving Growth, Public Services, Job Creation in Afghanistan

H.E. Mohammad Humayon Qayoumi, Afghanistan’s acting Minister of Finance, and Shubham Chaudhuri, World Bank Country Director for Afghanistan, signed a new package of grant agreements in support of reforms valued at $350 million, on July 30.

IMF Staff Completes 2018 Article IV Mission to Solomon Islands

An International Monetary Fund (IMF) team led by Ms. Alison Stuart visited the Solomon Islands during July 18-31 to hold discussions on the 2018 Article IV Consultation.

IMF Executive Board Concludes 2018 Article IV Consultation with Singapore

On July 20, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Singapore.

Singapore’s economy strengthened markedly in 2017, benefiting from a synchronized global expansion and a surge...

European solidarity on Energy: Better integration of the Iberian Peninsula into the EU energy market

In the presence of the European Commission, the Prime Minister of Portugal António Costa, the President of France Emmanuel Macron, and the President of the government of Spain Pedro Sanchez were met in Lisbon to strengthen their regional cooperation...

IMF Executive Board Completes Second Review under the ECF arrangement for Chad and Approves US$ 49.09 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) completed the second review of Chad’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement, on July 27.