Statement at the End of an IMF Visit to Conduct the First Review of Equatorial Guinea’s Staff-Monitored Program
An International Monetary Fund (IMF) mission led by Lisandro Ábrego, IMF Mission Chief for Equatorial Guinea, visited Malabo on July 2–11 to conduct discussions on the first review of Equatorial Guinea’s Staff-Monitored Program (SMP), approved by...
Ireland Moves to Ban Israeli Settlement Goods
Ireland's Senate has passed a bill banning imports of goods and services from Israeli settlements in the West Bank.
EU-Ukraine Summit: Ukraine's continued commitment to reforms supported by the EU
The President of the European Commission, Jean-Claude Juncker, and the President of the European Council, Donald Tusk, represented the European Union. Ukraine was represented by its President, Petro Poroshenko. The High Representative of the EU for...
World Bank: Mongolia’s Growth Prospects Remain Positive but More Efficient Public Investment Needed
Mongolia’s economic performance has improved dramatically with GDP growth increasing from 1.2 percent in 2016 to 5.1 percent in 2017 and 6.1 percent in the first quarter of 2018. While short- and medium-term economic prospects remain positive,...
IMF Executive Board Concludes 2018 Article IV Consultation with Tuvalu
On June 22, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Tuvalu.
Tuvalu has maintained macroeconomic stability. Real GDP growth is estimated to have risen to 3.2 percent in 2017...
Reforms in Lithuania are reinforcing economic growth but boosting productivity is still a challenge
Continued Reforms Will Help Moldova Increase Transparency, Create Jobs and Improve People’s Lives
The World Bank Group’s Board of Directors, on July 5, approved a US$ 30 million Economic Governance Development Policy Operation (EGDPO) for Moldova. EGDPO provides resources to help the Republic of Moldova reduce fiscal risks and level the playing...
IMF Staff Completes 2018 Article IV Mission to Ecuador
A team from the International Monetary Fund (IMF) visited Quito, Guayaquil and Cuenca during June 20 to July 4 to hold discussions for the 2018 Article IV Consultation with Ecuador.
Renewable Energy for Nearly 10,000 Solomon Islanders
More than 9,300 Solomon Islanders will benefit from new or improved electricity services, including renewable energy sources such as solar, through a new project approved by the World Bank’s Board of Executive Directors, on July 5. The project will...
US Offers German Automakers Solution to Trade Spat, Report Says
United States Ambassador to Germany Richard Grenell reportedly told German auto makers Wednesday the U.S. would back off threats of tariffs on European car imports in exchange for the European Union's elimination of duties on U.S. cars.