Finance & Economics

Statement at the Conclusion of an IMF Mission to Bosnia and Herzegovina

An International Monetary Fund (IMF) mission, led by Mr. Ron van Rooden, visited Banja Luka and Sarajevo during September 10-19, 2014, to discuss recent economic developments and policies for the eighth review under Bosnia and Herzegovina’s Stand-By Arrangement (SBA).

Australian Minister of Foreign Affairs and Trade Opens Course on Inclusive Growth at the IMF’s Africa Training Institute (ATI)

Australia’s Minister of Foreign Affairs and Trade, The Hon. Julie Bishop, participated in the opening session of the course on Inclusive Growth organized by the IMF’s Africa Training Institute (ATI) on September 15, 2014.

Creating Private Sector Jobs is the Surest Path to Boosting Shared Prosperity in Egypt

Egypt has been plagued for many years by low-quality, insecure and unstable jobs but this can be reversed through reforms aimed at vitalizing the private sector, promoting formal employment, and engaging excluded and vulnerable populations.

Americans Slowly Starting to Climb out of Poverty, According to New Census Data

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Youth unemployment: how successful were measures to boost the job market?

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The graph shows how the youth (<25) unemployment rate has changed in Ireland and the UK over the years compared to the EU average

OECD releases first BEPS recommendations to G20 for international approach to combat tax avoidance by multinationals

The OECD released its first recommendations for a co-ordinated international approach to combat tax avoidance by multinational enterprises, under the OECD/G20 Base Erosion and Profit Shifting Project designed to create a single set of international tax rules to end the erosion of tax bases and the artificial shifting of profits to jurisdictions to avoid paying tax.

IMF Staff Concludes 2014 Article IV and the Second Review Missions to Sudan

An International Monetary Fund (IMF) team headed by Mr. Edward Gemayel visited Khartoum from September 3-16, 2014, to conduct the second review under Sudan’s 2014 Staff-Monitored Program (SMP) and the 2014 Article IV Consultation discussions.

IMF Staff Concludes Mission to The Gambia

A mission from the International Monetary Fund (IMF) led by Bhaswar Mukhopadhyay, visited Banjul from September 4 - 17, 2014. The mission assessed the authorities’ progress in implementing policies since its April visit as part of the second review of the government’s reform program supported by an Extended Credit Facility arrangement with the IMF.

IMF’s 2014 Financial Access Survey Helps to Map Global Financial Inclusion

The International Monetary Fund (IMF) released the results of the fifth annual Financial Access Survey (FAS), the most comprehensive global source of data on access to, and use of, basic consumer financial services by households and nonfinancial corporations.

World Bank Report: Breaking with the Past to Unleash Tunisia’s Economic Potential

Removing the economic obstacles currently holding back the Tunisian economy would double employment creation to 100,000 new jobs per year.

Tunisia has made significant political progress in the three years since the revolution, but without changes to its economic model the country could remain trapped in a cycle of low growth and high unemployment. A new report from the World Bank details how the economic legacy of the past stifles Tunisia’s immense potential and underscores the urgency of adopting a more inclusive growth model to guarantee the success of the transition.