Finance & Economics

Moldova Trade Study: More Challenges Mean More Reform Opportunities

The World Bank Group office in Moldova launched the Moldova Trade Study report which assesses Moldova’s foreign trade performance and offers policy recommendations to boost exports.

IMF Executive Board Completes the Fifth and Sixth Reviews Under an ECF Arrangement with Solomon Islands, Approves SDR 0.297 Million (US$ 0.42 million) Disbursement

On March 21, 2016, the Executive Board of the International Monetary Fund (IMF) completed the fifth and sixth reviews of the Solomon Islands’ economic performance under the Extended Credit Facility (ECF) arrangement.

IMF Staff Concludes Visit to Zambia

At the invitation of the authorities, an International Monetary Fund (IMF) team led by Tsidi Tsikata visited Zambia during March 9-18 to review recent macroeconomic developments and discuss with the authorities how best to address the current economic challenges facing the country.

World Bank Financing Strengthens Capacity of Bulgarian Deposit Insurance Fund

The World Bank Board of Executive Directors approved today a EUR 300 million financing for the Bulgaria Deposit Insurance Strengthening Project. The project aims at strengthening the financial and institutional capacity of the Bulgarian Deposit Insurance Fund (BDIF) - a public legal entity in charge of protecting insured deposits and participating in the preservation of financial stability.

OECD Unit Labour Cost growth picks up to 0.5% in the fourth quarter of 2015

Early Estimates of Quarterly Unit Labour Costs
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Seasonally adjusted data, Total economy

IMF Executive Board Concludes Article IV Consultation with Botswana

On March 16, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Botswana.

After a rapid recovery from the 2009 downturn, GDP growth is estimated to have turned slightly negative in 2015 owing to a decline in the global demand for diamonds and copper. Non-mining activities, while recording positive growth over the year, remained subdued owing to spillovers from lower mining activity, a regional drought, and electricity and water shortages.

IMF Executive Board Concludes 2015 Article IV Consultation with Mauritius

On March, 11, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mauritius.

World Bank Supports the Implementation of Improved Financial Reporting Requirements for SMEs in Poland

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World Bank, USAID Strengthen Violence Prevention Partnership

The gravity of violence and its impact on development in Latin America and the Caribbean was underscored in a Memorandum of Understanding (MOU) announced by the World Bank and the United States Agency for International Development (USAID). The MOU, which deepens an ongoing partnership between the World Bank and USAID in the region, elevates violence prevention as a global development challenge, and seeks to help cities and governments develop peaceful, just, and inclusive communities.

The Government of India and World Bank Sign US$ 35 Million Agreement to Improve Citizen Access to Public Services in Madhya Pradesh

The Government of India, the Government of Madhya Pradesh and the World Bank on Thursday signed a US$ 35 million credit agreement for the Citizen Access to Responsive Services Project to improve access to selected public services for the people of Madhya Pradesh (MP), particularly those belonging to disadvantaged groups.