IMF Executive Board Concludes 2014 Article IV Consultation with the United Arab Emirates
On June 26, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the United Arab Emirates.
IMF Executive Board Concludes Third Review Under Extended Credit Facility Arrangement for Liberia and Approves US$11.4 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed the third review of Liberia’s economic performance under the three-year arrangement under the Extended Credit Facility (ECF) for Liberia.
Guinea: WB Supports Improved Electricity Access and Reliability for Families and Businesses
The government of Guinea and the World Bank have signed a new development financing agreement in Conakry to improve electricity access for homes and businesses in the energy-starved West African country.
Global growth to slow as wage inequality rises over coming decades, says OECD
Experts Divided on Socio-Economic Benefits of World Cup
The Brazilian government says it has invested billions of dollars in infrastructure, security and social enhancements as part of the preparations for the World Cup. While the government says these investments will have long-term benefits for society,...
Boosting productivity key for developing economies to close income gap with advanced countries, says OECD Development Centre
Income levels in most developing and emerging countries will not catch up with advanced economies for many decades without efforts to boost productivity, according to a new report by the OECD Development Centre.
World Bank Group Backs Latin America and the Caribbean’s Efforts to Boost Growth and Preserve Social Gains
The World Bank Group (WBG) committed $10.2 billion in fiscal year 2014 (July 2013 to June 2014) to support Latin America and the Caribbean efforts to boost economic growth and maintain historic social gains. This includes resources from the...
Statement by IMF Deputy Managing Director Naoyuki Shinohara at the Conclusion of His Visit to Bangladesh
During my visit, I was impressed by the authorities’ determination to transform Bangladesh into a middle-income country with sustainable and equitable opportunities for all.
The World Bank Called for Tighter Economic Policies to Restore Economic Stability
In its newly released Mongolia Economic Update, the World Bank said that the Mongolian economy is facing challenges from the large balance of payments pressure and high inflation. The World Bank underscored that the economic vulnerability will likely...
World Bank Continues To Support Gas Sector Development In Turkey
The World Bank’s Board of Directors approved an additional financing of US$400 million to the already existing Gas Sector Development Project of Turkey.
