Finance & Economics

IMF Executive Board Concludes 2018 Article IV Consultation with the Dominican Republic

On April 11, 2018 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Dominican Republic, and considered and endorsed the staff appraisal without a meeting.

Wages could be £8,640 higher if Britain’s productivity matched the United States'

A new report released by the TaxPayers’ Alliance has revealed the shocking cost of poor productivity in Britain and its impact on wages on Apr 22, 2018. Since the great recession, advanced economies have all been suffering from weak productivity growth, with few more afflicted than Britain’s. The scale of the issue is enormous, and the Chancellor is right to prioritise it.

Record high remittances to low- and middle-income countries in 2017

Remittances to low- and middle-income countries rebounded to a record level in 2017 after two consecutive years of decline, says the World Bank’s latest Migration and Development Brief.

African Consultative Group Meeting: Statement by the Chairman of the African Caucus and the Managing Director of the IMF

Governor Tarek Amer, Chairman of the African Caucus, and Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), co-chaired the African Consultative Group meeting at the IMF Headquarters, on April 22.

Reconstruction for Peace: Germany and World Bank Agree on New Strategic Partnership

The World Bank Group and the Government of Germany, on April 21, announced a strategic partnership to work towards a new and updated approach to reconstruction for peacebuilding in the Middle East and North Africa (MENA). The announcement was made during the 2018 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington, DC.

Our digital future: high-level conference in the European Parliament on 25 April

Lawmakers will discuss with experts, political leaders, representatives from industry, tech giants, including Google and Facebook, and other stakeholders the challenges and opportunities for Europeans in a digital society and how to mobilise investments, foster innovation and ensure an online platform economy that benefits business and consumers.

IMF Reaches Staff-Level Agreement on the Fourth Review of Sri Lanka’s Extended Fund Facility

After constructive discussions with the authorities in Colombo and during the Spring Meetings in Washington DC, Manuela Goretti, the IMF mission chief for Sri Lanka

Exiting the EU: The financial settlement

The total amount the UK will pay in the financial settlement on leaving the EU remains uncertain and could differ to the £35 billion to £39 billion that government has estimated, says the National Audit Office (NAO).

2017: Bigger Trade Deficit and an Even Bigger Economy

During 2017, under the first year of President Trump, the U.S. trade deficit increased by 9.7 percent to $571.6 billion -- and that’s not a bad thing.

Russia Demands Compensation for US Tariffs on Aluminum, Steel

Russia demanded compensation from the U.S. for its worldwide tariffs on foreign aluminum and steel Thursday, becoming the third influential member of the World Trade Organization to do so.