Finance & Economics

IMF Executive Board Concludes 2018 Article IV Consultation and Completes Second Review of Georgia’s Extended Fund Facility

On June 27, 2018, the Executive Board of the International Monetary Fund (IMF) approved the completion of the second review of the three-year Extended Fund Facility (EFF) arrangement for Georgia.

IMF Executive Board Completes Fourth Review under the Extended Arrangement for Mongolia and Approves US$ 36.91 Million Disbursement

On June 27, 2018, the Executive Board of the International Monetary Fund (IMF) completed the fourth review of Mongolia’s performance under the program supported by a three-year extended arrangement under the Extended Fund Facility (EFF).

Agreement reached on new EU Solidarity Corps
Controls on cash entering and leaving the EU: Council endorses agreement

The EU's committee of permanent representatives (Coreper) on June 27, endorsed an agreement between the Council, represented by the Bulgarian presidency, and the European Parliament on a draft regulation aimed at improving controls on cash entering or...

IMF Publishes Fiscal Transparency Evaluation for Austria

The International Monetary Fund (IMF) has today published a Fiscal Transparency Evaluation report for Austria, on June 27. The report assesses Austria’s fiscal transparency practices against the standards set out in the IMF’s Fiscal Transparency Code...

IMF Staff Concludes Visit to Ghana

A team from the International Monetary Fund (IMF), led by Annalisa Fedelino, visited Accra from June 20-26, 2018, to discuss recent economic developments and the outlook for the remainder of the year, and take stock of performance to date under the...

Trump Promises to 'Even Out' Auto Industry Trade Imbalance

U.S. President Donald Trump tweeted Tuesday that the government is finishing a study of tariffs on cars imported to the United States, while a U.S. automobile manufacturers' group warned that placing new tariffs on imported cars will drive consumer...

EU high-speed rail: an ineffective patchwork of lines without realistic long-term plan, say Auditors

The EU’s current long-term plan for high-speed rail is unlikely to be achieved and there is no solid EU-wide strategic approach, according to a new report from the European Court of Auditors.

Czech Republic: IMF Executive Board Concludes 2018 Article IV Consultation

On June 22, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Czech Republic.

Republic of Lithuania: IMF Executive Board Concludes Article IV Consultation

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

The economy picked up steam in 2017, following two years of sluggish growth. Real GDP expanded...