Finance & Economics | WPN World People News

An International Monetary Fund (IMF) mission, led by Roberto Garcia-Saltos, visited Tegucigalpa during April 3-12 to conduct the 2018 Article IV consultation.

“Opposite trends continue to characterize the Tunisian economy in early 2018. Economic growth is picking up, led by a good agriculture season, increases in investment and an early recovery in exports. On the other hand, risks to macroeconomic stability have risen: inflation has risen rapidly to 7.6 percent in March, international reserves remain below 90 days of import cover, and public and external debt have reached 71 and 80 percent of GDP, respectively.

The World Bank Office in Romania and the Municipality of Braşov signed a reimbursable advisory service (RAS) agreement – a form of technical assistance - to support the implementation of urban development solutions that will boost growth and improve the quality of life for Braşov residents, on April 12th.

A staff team from the International Monetary Fund (IMF) led by Xiangming Li visited São Tomé and Príncipe during March 28-April 12, 2018 to conduct the 2018 Article IV consultation and the fifth review of São Tomé and Príncipe’s economic program supported by the IMF’s three-year Extended Credit Facility (ECF) arrangement.

On 12 April 2018, the Council adopted a decision providing up to €45 million in macro-financial assistance to Georgia.

The assistance will help cover Georgia's financing needs, supporting economic stabilisation and its agenda for structural reforms.

Growth in the Western Balkans - Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro, and Serbia - declined in 2017, despite the creation of 190,000 new jobs in the first nine months of that year. According to the latest World Bank Regular Economic Report (RER) for the Western Balkans, Vulnerabilities Slow Growth, GDP in the region declined from 3.1 percent in 2016 to an estimated 2.4 percent in 2017, following a harsh winter and lower investments. Growth is forecast to rebound to 3.2 percent in 2018 and 3.5 percent by 2019.

England has committed itself to a very ambitious programme to develop apprenticeships, but still faces many challenges to effectively implement current reforms and develop a world-class apprenticeship system, according to a new OECD report.

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

San Marino’s economy rebounded in 2016, on the back of recovering domestic demand and important gains in employment. However, the growth momentum slowed in 2017 amid financial sector uncertainties around a sizable loss at the largest bank and a closure of a small bank.

The Internal Revenue Service is cautioning taxpayers to avoid the dangers of “ghost” tax return preparers.