World Bank Disburses $1 Billion to Egypt to Support Inclusive Growth Program
The World Bank disbursed US$ 1 billion to Egypt for the First Fiscal Consolidation, Sustainable Energy, and Competitiveness Programmatic Development Policy Financing (DPF), on 9 September.
World Bank Continues to Support Agriculture Sector in Montenegro
The World Bank Groups’ Board of Executive Directors approved an additional financing loan in the amount of EUR 3.0 million (US$ 3,343,800 equivalent) for the Montenegro Institutional Development and Agriculture Strengthening Project (MIDAS), on...
Uncertain signs of steel market recovery, but urgent structural
The world economic outlook remains weak. Recent months have been characterised by subdued domestic demand and productivity growth in advanced economies amid a further growth slowdown in many emerging economies. According to the OECD’s latest Economic...
UK historic first as housing associations tenants buy homes
Sasha Dudley and partner Peter Taylor in Croydon, are some of the first tenants to benefit from one of the 5 associations piloting the new rights ahead of the scheme going nationwide.
Air Pollution Deaths Cost Global Economy US$225 Billion
Air pollution has emerged as the deadliest form of pollution and the fourth leading risk factor for premature deaths worldwide. Those deaths cost the global economy about US$225 billion in lost labor income in 2013, a new study finds, pointing toward...
Composite leading indicators point to stable growth momentum in the OECD area
IMF Executive Board Concludes 2016 Article IV Consultation with the Republic of Equatorial Guinea
On August 29, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Equatorial Guinea.
EU budget: how to make it more efficient and flexible
The EU’s budget has been criticised for years for relying too much on member states’ contributions and for being too inflexible when unexpected crises occur. MEPs discussed the issue with their national counterparts during a conference on how to...
IMF Executive Board Approves Three-Year €553.3 Million Extended Arrangement under EFF for Bosnia and Herzegovina
The Executive Board of the International Monetary Fund (IMF) on 7th September approved a three-year extended arrangement under the Extended Fund Facility (EFF) with Bosnia and Herzegovina for an amount equivalent to SDR 443.042 million (about €553.3...
IMF Staff Completes Review Mission to Guinea
An IMF mission led by Abdoul Aziz Wane visited Conakry during August 24 to September 7, 2016, to conduct discussions on the eighth and final review of the authorities’ program supported by an arrangement under the Extended Credit Facility (ECF).
