Finance & Economics

Joint Declaration on a Framework for European Commission-World Bank Group Collaboration in Situations Affected by Fragility, Conflict and Violence

The European Commission and the World Bank Group, hereby envisage to define a framework for collaboration in situations affected by fragility, conflict and violence (FCV). We believe that in FCV situations, more than anywhere else, stronger and better partnerships among international actors are key to the success of the Sustainable Development Goals.

IMF Staff Completes 2016 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, Shanghai and Inner Mongolia from June 1 to 14 to conduct discussions on the annual Article IV review of the Chinese economy.

Canada is adjusting to the end of the commodities boom, but new policies are needed to boost productivity and reduce financial stability risks

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IMF Executive Board Concludes 2016 Article IV Consultation with Canada

On June 6, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Canada. The consultation was focused on assessing the macro-financial impact of the oil shock and policies to bolster near-term domestic demand, mitigate downside risks, and position Canada for long-term growth.

IMF Staff Completes 2016 Article IV and Third Review Mission to Honduras

An International Monetary Fund (IMF) mission, led by Roberto Garcia-Saltos, visited Tegucigalpa during May 31-June 13 to conduct the 2016 Article IV consultation and the third review of Honduras’ Fund-supported program.

G20 GDP growth stable in Q1 2016 as pick-up in euro area and India offsets slowing China

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IMF Executive Board Completes Fourth and Fifth ECF Reviews for Burkina Faso and Approves US$26.2 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth and fifth reviews of Burkina Faso’s economic performance under an economic program supported by an Extended Credit Facility (ECF) arrangement. The decision enables the disbursement of SDR18.57 million (about US$26.2 million), bringing total disbursements under the arrangement to the equivalent of SDR46.70 million (about US$65.9 million).

Rail equipment imports: halt unfair competition from non-EU countries, urge MEPs

A surge in low-cost EU imports of rail supplies such as engines or signals from non-EU countries, including China, is skewing competitive conditions for EU suppliers, MEPs warned on 9 June (Thursday), adding that much of this surge is due to strong political and financial support in exporters’ home countries.

UK held first meeting of the cross-government retail round table

9 June 2016, UK Business Minister Anna Soubry led the first cross-government retail roundtable with some of the top high street names.

Ms Soubry, along with UK Ministers from the Treasury, Department for Health and Department for Communities and Local Government met senior management from leading retailers including Asda, Sainsbury’s, Tesco, Morrisons, John Lewis Partnership, B&Q and the British Retail Consortium to discuss their priorities and consider the business environment for retail.

Quick ratification of EU climate pledge meaningless without policy ambition

The European Commission published its proposal for the EU’s ratification of the 2015 Paris Agreement on climate change. WWF welcomes this proposal, but reiterates the call for increased climate ambition at EU level to live up to the commitments made in Paris.