World Bank Group Increases Support for Regional Integration in Sub-Saharan Africa
Titled “Supporting Africa’s Transformation: Regional Integration & Cooperation Assistance Strategy”, the strategy will promote economic diversification and strengthening of regional value chains, build sub-regional energy and digital markets, help...
Denmark IMF Executive Board Concludes 2018 Article IV Consultation
On June 20, 2018 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Denmark, and considered and endorsed the staff appraisal without meeting.
Germany’s strong anti-bribery enforcement against individuals needs to be matched by comparably strong enforcement against companies
Germany continues to demonstrate a high level of anti-bribery enforcement having prosecuted and sanctioned 328 individuals and 18 companies in foreign bribery cases since 1999. Germany is commended for its focus on holding culpable individuals liable...
IMF Executive Board Concludes Article IV Consultation with Lebanon
On May 11, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Lebanon.
Lebanon’s economic growth remains low, estimated at about 1-1.5 percent in 2017 and 2018. The traditional drivers...
Eurogroup statement on Greece of 22 June 2018
The Eurogroup commends the Greek authorities for the completion of all the agreed prior actions of the final review of the ESM programme. We congratulate the Greek authorities and Greek people for the successful conclusion of the ESM programme.
World Bank Rwanda Economic Update
Rwanda’s annual growth reached 6.1% in the second half of 2017, thanks to improved export performance, revitalized agriculture and resumption of growth in private consumption, according to the 12th edition of the World Bank Rwanda Economic Update...
Crime will no longer pay: Council agrees new rules on mutual recognition of freezing and confiscation orders
On 20 June 2018, the Council, following a provisional agreement with the European Parliament, agreed on new rules concerning the mutual recognition of freezing and confiscation orders. The new regulation aims to ensure the effective freezing and...
Denmark IMF Executive Board Concludes 2018 Article IV Consultation
On June 20, 2018 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Denmark, and considered and endorsed the staff appraisal without meeting.
The Challenges of Urbanization Dampen Growth Opportunities in Bamako, Conakry and Niamey: WBG Report
While the cities of West Africa grapple with large migratory flows, consisting chiefly of young people, they must tackle the many challenges associated with this rapid urbanization and concentrate on building competitive economies and providing...
Countries should focus on labour market policies to help refugees and improve coordinated actions to tackle illegal immigration
Migration flows to OECD countries have dropped slightly for the first time since 2011, with around 5 million new permanent migrants in 2017, down from 5.3 million in 2016. This trend is mainly due to a significant decrease in humanitarian migration as...
