Finance & Economics

Coordinating Investments Across Greater Kampala Would Boost Growth for Uganda - World Bank Report

Investing in Greater Kampala will not only benefit residents, but the rest of Uganda, according to a World Bank report launched on March 9. Titled From Regulators to Enablers: Role of City Governments in Economic Development of Greater Kampala, the report says that progress will depend on local city governments working together to jointly plan and implement policies, undertake infrastructure investments, and provide common services.

CPTPP Brings Vietnam Direct Economic Benefits and Stimulate Domestic Reforms, WB Report Says

The Comprehensive and Progressive Pacific Partnership (CPTPP) will yield robust economic gains for Vietnam, says a new World Bank report, released as Vietnam and 10 other countries sign the agreement, on March 9th.

Europe Needs to Boost Skills and Unshackle Firms as Tech Revolution Risks Leaving Poorest Behind

The rise of technology risks leaving Europe’s poorest countries, lagging regions and unskilled workers behind, deepening economic divides within the EU, says a new World Bank report.

Belgium: IMF Executive Board Concludes 2018 Article IV Consultation

On March 7, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Belgium.

Ireland recovering strongly but weak productivity and Brexit cloud outlook

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Budget MEPs approve €2.1 million in EU aid for former tyre workers in Germany

Hundreds of dismissed tyre workers should benefit from job support measures, like skills training, following a vote by the Budgets Committee on Thursday.

Economic empowerment of women highlighted by OSCE PA’s gender representative marking International Women’s Day

Economic empowerment of women is a benefit to society as a whole and can be effectively pursued through prioritizing gender considerations in legislative and budgetary action, said the OSCE Parliamentary Assembly’s Special Representative on Gender Issues Hedy Fry (MP, Canada) on March 8. Marking the celebration of International Women’s Day, she called for closing the gender gap, reducing poverty and ensuring women’s representation in all levels of public life.

Latvia should raise basic pension to reduce pensioner poverty

Latvia should strengthen old-age safety nets and raise the basic state pension in order to reduce pensioner poverty, especially among women, and address the challenge of a fast declining population, according to a new OECD report.

IMF Staff Concludes Visit to Kenya

A staff team from the International Monetary Fund (IMF), led by Benedict Clements, visited Kenya from February 19 to March 2, 2018, to conduct the 2018 Article IV consultation and hold discussions on continued IMF support to Kenya, including the authorities’ request for an extension of the current SBA.

Some Markets Drop After Trump's Top Economic Adviser Quits

Trade war fears pushed U.S. and some Asian stock markets lower Wednesday, following the resignation of U.S. President Donald Trump's top economic adviser.