Finance & Economics
Samoa Begins Participation in the IMF’s General Data Dissemination System
Samoa began participating in the International Monetary Fund’s (IMF’s) General Data Dissemination System (GDDS) on September 25, 2012, marking a major step forward in the development of its statistical system.
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Ethiopia: World Bank Approves New Funding to Improve Delivery of Education, Health and Other Services for 84 Million People— Also Pledges Support for Ethiopia’s Main Roads
The World Bank’s Board of Executive Directors yesterday endorsed a new Country Partnership Strategy (CPS) for Ethiopia to build on the country’s development progress over the last five years of its previous country strategy and to help its government and communities go further in their efforts to create more growth, more jobs, better health and education, and significantly less poverty.
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Pension fund assets at record high but investment returns negative in 2011, says OECD
Trends in total OECD pension funds assets, 2001-2011
In USD trillion
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Agriculture : Support to agriculture at historic lows, says OECD
Producer Support Estimates by country in % of gross farm receipts, 2010 and 2011
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Statement of the Troika on the Greek review mission
The European Commission/European Central Bank/International Monetary Fund mission in Athens will take a brief pause from its discussions with the authorities on the programme review. It expects to return to Athens after about a week. During this period some mission experts will remain in Athens to assist the authorities with further technical work, while contacts will continue with the authorities from respective headquarters. The mission has had productive discussions with the authorities since early September and has made good progress during this period. The mission looks forward to continuing those discussions soon in Athens, with the goal of reaching agreement on a set of economic policies that could provide the basis for a successful completion of the review.
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European Union Contributes €3 Million to IMF Trust Fund for Capacity Building in Macroeconomic Policies and Statistics for South Sudan
The European Union on September 19, 2012 committed €3 million (about US$3.9 million) to an International Monetary Fund (IMF) trust fund to help South Sudan develop essential macroeconomic institutions, policies and skills through the IMF’s expert capacity development activities.
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Statement by an IMF Mission to The Gambia for Discussions of the First Review of the ECF Arrangement
“Last year’s severe crop failure, caused by drought throughout the region, led to a sharp contraction in the Gambian economy. In 2011, The Gambia’s real gross domestic product (GDP) fell by about 5 percent.
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IMF Executive Board Completes Fourth Review Under ECF Arrangement for Sierra Leone and Approves US$6.9 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) today completed the fourth review of Sierra Leone’s economic performance under a program supported by the Extended Credit Facility (ECF) arrangement. The completion of the review enables the disbursement of an amount equivalent to SDR 4.44 million (about US$6.9 million), bringing total disbursements under the arrangement to an amount equal to SDR 22.2 million (about US$34.4 million).
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