Finance & Economics
World Bank Group Launches New Partnership Strategy for the Kyrgyz Republic
The World Bank’s Board of Executive Directors discussed a new Country Partnership Strategy (CPS) for the Kyrgyz Republic that will guide the support of the World Bank and International Finance Corporation (IFC) to the country in 2013-2017.
- Read more
- 294 reads
Bread for the World Slams House Version of State and Foreign Operations Appropriations Bill
Bread for the World strongly opposes the 2014 State and Foreign Operations Appropriations bill approved by the House Appropriations Committee.
- Read more
- 286 reads
Commissioner De Gucht: “We found an amicable solution in the EU-China solar panels case that will lead to a new market equilibrium at sustainable prices”
After weeks of intensive talks, I can announce that I am satisfied with the offer of a price undertaking submitted by China’s solar panel exporters, as foreseen by the EU’s trade defence legislation. This is the amicable solution that both the EU and China were looking for.
- Read more
- 276 reads
IMF Executive Board Concludes 2013 Article IV Consultation with the United States
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the United States.
- Read more
- 261 reads
World Bank Mobilized Record Support for Africa’s Economic Growth and Development Prospects in FY 13
The World Bank Group committed a record US$14.7 billion in fiscal year 2013 (July 2012 to June 2013) to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy.
- Read more
- 337 reads
Ecuador: Metro Project Will Carry 400,000 People a Day in Quito
Four hundred thousand people will be carried daily by the Quito Metro, once the first subway line in this South American city is operational. To make this project viable, the Executive Board of the World Bank approved a loan of US$205 million to the Municipality of Quito through the International Bank for Reconstruction and Development (IBRD) window, which provides support for the development of middle-income countries, such as Ecuador.
- Read more
- 287 reads
World Bank Group Announces Settlement with Sinclair Knight Merz Management Pty Ltd, Sinclair Knight Merz Holdings Ltd and Sinclair Knight Merz Pty
The World Bank announced the sanctioning of Sinclair Knight Merz Pty (SKM), following the company’s self-reporting to the World Bank’s Integrity Vice Presidency (INT) of corrupt misconduct relating to Bank-financed projects in the East Asia and Pacific region.
- Read more
- 294 reads
World Bank Group Backs Latin America and the Caribbean’s Steady Poverty Reduction and Middle Class Growth
The World Bank Group (WBG) committed $11.8 billion in fiscal year 2013 (July 2012 to June 2013) to support Latin America and the Caribbean resilience in the midst of global turmoil.
- Read more
- 334 reads
OECD welcomes Chile’s plan to improve Consumer Price Index
The OECD welcomes Chile’s plan to improve the way it calculates the Consumer Price Index (CPI). The plan focuses primarily on proposals by the Chilean Statistical Office (INE) to better capture price changes for clothes and footwear, to ensure that the CPI accurately reflects inflation. The proposals are in line with recommendations from the OECD at the time of Chile’s accession to the Organisation in 2010, and in its follow-up review of Chile’s statistical system and statistics two years after the country’s accession in 2012.
- Read more
- 251 reads
