Finance & Economics

Statement at the Conclusion of the IMF Mission for the Fifth Review under the Extended Credit Facility (ECF) Arrangement with Bangladesh

An International Monetary Fund (IMF) mission led by Mr. Rodrigo Cubero visited Dhaka from September 17-30 to conduct discussions on the fifth review under a three-year Extended Credit Facility (ECF) arrangement. The ECF was approved on April 11, 2012 for a total amount of SDR 639.96 million (equivalent to about USD954 million).

IMF Mission Welcomes Seychelles’ Commitment to Continued Strong Policies

An International Monetary Fund (IMF) staff mission led by Mr. Marshall Mills visited Victoria from September 17–30, 2014 to assess performance under the first review of the Extended Fund Facility (EFF) Arrangement with Seychelles.

Budgets Committee recommends reversing Council cuts in EU budget for 2015

Extra funds should be added to the EU’s 2015 budget for growth and jobs policies, education, including the EU's Erasmus+ student mobility programme, and EU humanitarian and support work in war-stricken zones, said the Budgets Committee in votes on Monday and Tuesday.

World Bank approves US$150 million project for Albania's power sector recovery and reforms

The World Bank’s Board of Executive Directors approved US$150 million in IBRD financing for the Power Recovery Project in Albania. The project will support Albania’s power sector reforms, particularly to improve the reliability of the electricity supply and the financial viability of the sector

IMF Executive Board Concludes Review of the Financial Sector Assessment Program

The Executive Board of the International Monetary Fund (IMF) completed a periodic review of the Financial Sector Assessment Program (FSAP) on September 15.

IMF Staff Concludes Mission for a Staff-Monitored Program to Zimbabwe

An International Monetary Fund (IMF) mission led by Mr. Domenico Fanizza visited Harare from September 17 to October 1, 2014 to conduct the third and last review under the Staff Monitored Program (SMP) approved by management in June 2013 and to hold discussions on a 15-month successor SMP. The authorities met all end-June 2014 quantitative targets and structural benchmarks under the program and the mission reached a staff level agreement on policies for a successor SMP.

IMF Staff Statement at the End of a Review Mission to Jordan

A mission from the International Monetary Fund (IMF), led by Ms. Kristina Kostial, visited Amman during September 9-21 for the fifth and sixth reviews of Jordan’s economic performance under the Stand-By Arrangement (SBA).

IMF Staff Concludes 2014 Article IV Mission to Mongolia

An International Monetary Fund (IMF) mission led by Mr. Koshy Mathai visited Mongolia during September 4-17 to hold discussions for the 2014 Article IV consultation.

UK's State Pension £1,300 a year top up: the countdown begins

Pensioners have 1 year to go until they can obtain State Pension top-ups worth up to £1,300 a year.

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Philippines: World Bank Approves Financing to Strengthen Job Creation and Inclusive Growth

The Philippines’ program for achieving inclusive growth got a major boost today with the approval of a new financing operation designed to sustain support for reforms necessary to strengthen job creation