IMF Staff Concludes Visit to Uganda
An IMF team led by Axel Schimmelpfennig visited Kampala May 15‒28, 2018 to continue discussions for a 3-year non-financial Policy Coordination Instrument. The mission met with President Museveni, Minister Kasaija, Governor Tumusiime-Mutebile,...
Countries commit to step up efforts to drive more responsible business conduct through new OECD instrument
Ministers from OECD and developing economies have committed to step up their efforts to promote responsible business conduct by companies in order to drive more inclusive and sustainable economic growth.
More Efficient Allocation of Investment Is Key to China’s Sustainable Growth, Says World Bank
Economic activity in China remains resilient, with GDP growing by 6.9 percent in 2017 and 6.8 percent year on year in the first quarter of 2018. Consumption continues to drive growth. Growth is projected to moderate to 6.5 percent in 2018 and 6.3...
More Efficient Allocation of Investment Is Key to China’s Sustainable Growth, Says World Bank
Economic activity in China remains resilient, with GDP growing by 6.9 percent in 2017 and 6.8 percent year on year in the first quarter of 2018. Consumption continues to drive growth. Growth is projected to moderate to 6.5 percent in 2018 and 6.3...
IMF Statement on Tunisia
An International Monetary Fund (IMF) staff team, led by Björn Rother, visited Tunisia from May 17–30 to discuss the authorities’ policy plans under the Third Review of Tunisia’s economic reform program supported by a four-year IMF Extended Fund...
President Macron and Secretary-General Gurría open OECD Ministerial with call to make multilateral co-operation work better for all
French President Emmanuel Macron and OECD Secretary-General Angel Gurría opened the OECD’s annual Ministerial Council Meeting with a call for countries to work harder to ensure that multilateral co-operation effectively addresses today’s global...
Tougher defence tools against unfair imports to protect EU jobs and industry
The EU could protect itself better against unfairly cheap imports and combat environmental or social dumping more effectively, under a law backed by MEPs on Wednesday.
Globally, Countries Lose $160 Trillion in Wealth Due to Earnings Gaps Between Women and Men
Globally, countries are losing $160 trillion in wealth because of differences in lifetime earnings between women and men. This amounts to an average of $23,620 for each person in the 141 countries studied by the World Bank Group in a new report...
IMF Staff Completes 2018 Article IV Mission to Bahrain
An International Monetary Fund (IMF) mission led by Mr. Bikas Joshi visited Manama from April 30–May 15, 2018 to conduct discussions for the 2018 Article IV consultation. The mission will submit a report to IMF management and Executive Board, which is...
OECD sees stronger world economy, but risks loom large
The global economy is experiencing stronger growth, driven by a rebound in trade, higher investment and buoyant job creation, and supported by very accommodative monetary policy and fiscal easing, according to the OECD’s latest Economic Outlook.
