Finance & Economics

Assam to Strengthen its Public Finance Institutions under New World Bank Project

The World Bank will support the Indian state of Assam in its efforts to utilize public resources more efficiently through better management of its finances, increase efficiency in the tax administration as well as improve the transparency and predictability in the execution of its budget.

OECD unemployment rate stable at 5.9% in April 2017

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IMF Staff Completes 2017 Article IV Visit to the Federated States of Micronesia

An International Monetary Fund (IMF) staff team led by Serkan Arslanalp visited Pohnpei from June 5-14, 2017, to hold discussions for the 2017 Article IV Consultation. The team held constructive discussions with officials of the national government, Pohnpei state, Banking Board, Insurance Board, development partners, and private sector representatives.

ADB, World Bank Group Ready to Help Pacific Island Countries Maximize Benefits from Increased Trade, Investment

The Asian Development Bank (ADB) and the World Bank Group are ready to help Pacific island countries maximize benefits from increased trade and investment across the region.

Jobs gap closes but recovery remains uneven

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IMF Staff Completes 2017 Article IV Mission to China

A mission from the International Monetary Fund (IMF), led by Mr. James Daniel, Assistant Director of the Asia and Pacific Department, visited Beijing and Lanzhou from June 1 to 14 to conduct discussions on the annual Article IV review of the Chinese economy.

Investment in Skills and Business Environment Can Boost Tajikistan’s Digital Transformation

Digital Tajikistan can be an important source of innovation, growth, and employment – provided that the country invests more in people’s skills, improves the business environment, and strengthens the digital infrastructure.

Zambia Needs More, Better Jobs to Reduce Poverty and Inequality

The World Bank on June 13th launched new reports confirming that Zambia needs a lot more jobs and created at a much faster pace. They also need to be of jobs with higher wages for the majority of Zambians still trapped in poverty. We call them good jobs because they promote inclusive growth. The youthful population cannot wait.

Composite leading indicators continue to point to stable growth momentum in the OECD area

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Bhutan Implements the International Monetary Fund’s Enhanced General Data Dissemination System

A mission of the International Monetary Fund’s Statistics Department visited Thimphu during April 5 – April 11, 2017, to assist Bhutan with the implementation of the Enhanced General Data Dissemination System (e‑GDDS), which was endorsed by the IMF’s Executive Board in May 2015. The mission helped develop the National Summary Data Page (NSDP), utilizing the Statistical Data and Metadata Exchange (SDMX).