MEPs close deal with Council on seal products
Trading in seal products from hunts hitherto conducted to protect fishing stocks will be banned in the EU in future but the exemption for the trade in products derived from seal hunts carried out by the Inuit community will remain, under the...
Tariff Evasion among Elites in Tunisia Reached US$1.2 Billion
A new World Bank report documents the widespread practice of avoiding import duties by firms with privileged connections to the regime of former Tunisian president Zine El Abidine Ben Ali. By underreporting the price of imports, Political Connections...
Low interest rates threaten solvency of pension funds and insurers
Spurring economic recovery: Parliament approves Juncker Plan rules
The €315-billion “Juncker” investment plan, announced by the European Commission last November to encourage the financing of viable investments in Europe, was backed by the European Parliament in a vote on Wednesday. Parliament modified its financing...
Tajikistan Begins Using New Poverty Measurement Methodology to Strengthen the Country’s Poverty Reduction Efforts
The Agency for Statistics under the President of Tajikistan (TajStat) has launched a new official poverty series and methodological note using a new approach in measuring poverty, marking a significant milestone in Tajikistan’s ability to monitor and...
MEPs vote on new fund to put EU investment plan into practice
MEPs vote on 24 June on the establishment of the European Fund for Strategic Investments (EFSI), that should help implement the EU’s €315 billion plan to overcome the crisis-induced shortage of investment in the European economy. This ambitious...
Prevention of Violence, Education and Jobs, Cornerstones of New World Bank Strategy in El Salvador
Build capacities to achieve safer communities, improve the performance of secondary-school students and generate jobs for youth are the central themes of the World Bank Group’s (WBG) new partnership strategy with El Salvador. The work program for the...
IMF Executive Board Approves Three-Year PSI for Senegal
The Executive Board of the International Monetary Fund (IMF) Wednesday approved a three-year Policy Support Instrument (PSI) for Senegal. The PSI supports implementation of a three-year program of macroeconomic reforms designed to advance the Plan...
EP tables recommendations for Eurozone governance
The Eurozone governance rules are too complex, lack ownership and are not consistently enforced, MEPs say in a resolution voted on Wednesday. The text is Parliament's input to the discussions on the future of the economic governance framework,...
IMF Mission Reaches Staff-Level Agreement with Jordan on the Seventh and Final Review under the SBA
An International Monetary Fund (IMF) team visited Amman from June 9–24, 2015 to review Jordan’s economic program, supported by a Stand-By Arrangement (SBA). The 36-month SBA in the amount of SDR 1.364 billion (about US$2 billion, or 800 percent of...
