Finance & Economics | WPN World People News

The International Monetary Fund and the Central Bank of Trinidad and Tobago have signed a Memorandum of Understanding providing opportunities for officials from the Caribbean region to train at IMF Headquarters.

An International Monetary Fund (IMF) team, led by Mr. Martin Cerisola, Assistant Director of the Middle East and Central Asia Department, visited Tehran during September 19–30 to conduct the 2015 Article IV Consultation discussions. Aasim M. Husain, Deputy Director of the Middle East and Central Asia Department, also participated in some of the discussions.

East Asia remains one of the main growth drivers of the world economy, accounting for nearly two-fifths of global economic growth, according to a new World Bank report. Overall, the region is expected to grow 6.5% in 2015, moderating slightly from 6.8% last year.

The number of people living in extreme poverty around the world is likely to fall to under 10 percent of the global population in 2015, according to World Bank projections released today, giving fresh evidence that a quarter-century-long sustained reduction in poverty is moving the world closer to the historic goal of ending poverty by 2030.

On September 30, 2015, the Management of the International Monetary Fund (IMF) completed the second review under the Staff-Monitored Program (SMP) with Zimbabwe.

Led by a resilient India, South Asia is expected to maintain its lead as the fastest-growing region in the world, with economic growth forecasted to accelerate from 7 percent in 2015 to 7.4 percent in 2016, a World Bank report said.

An International Monetary Fund (IMF) mission visited Kyiv during September 22 - October 2, to hold discussions on the second review under the Extended Fund Facility Arrangement (EFF) in support of the authorities’ economic reform program.

Consumer prices, selected areas

August 2015, percentage change on the same month of the previous year

The Government of Malaysia and the World Bank Group signed an Office Support Agreement on October 1, the final legal instrument necessary to establish the knowledge and research office in Kuala Lumpur and commence operations from Sasana Kijang, Bank Negara Malaysia.

The International Monetary Fund (IMF) Thursday released its 2015 Annual Report that highlights its efforts to spur stronger and more inclusive growth amid unexpected economic developments and challenges that have required rapid adjustments. The Report comes ahead of the IMF’s Annual Meetings with the World Bank in Lima, Peru, next week. It features a new approach that blends essays and graphics, and, as always, emphasizes the work of the IMF’s Executive Board, whose policy guidance is central to the efforts to ensure global financial stability and growth.