The World Bank Helps Boosting the Competitiveness of Armenian Agriculture
The World Bank Board of Executive Directors approved a US$ 32.67 million financing for the Second Community Agricultural Resource Management and Competitiveness (CARMAC) Project for Armenia. This Project is designed to improve productivity and...
European Council closes a double non-taxation loophole
At the Economic and Financial Affairs Council meeting on 20 June the ministers agreed an amendment to EU tax rules that will close a loophole which had allowed cross-border corporations to profit from double non-taxation.
US Presbyterian Church to Divest from Israeli-Linked Investments
The U.S. Presbyterian Church has voted to divest its financial holdings from three American companies doing business in parts of Israel considered by Palestinians to be occupied territory.
World Bank approves $101.5 million to Sri Lanka for the Skills Development Project
The World Bank approved a $101.5 million IDA credit to expand the availability of employable workers by increasing access to high quality, labor market relevant skills development programs. The project will open new career prospects for skilled...
IMF Mission Concludes 2014 Article IV Consultation Discussions with Timor-Leste
An International Monetary Fund (IMF) mission led by Mr. Neil Saker visited Dili, Timor-Leste, from June 3 to 17 to conduct the 2014 Article IV Consultation discussions. The mission met with the Minister of Finance, the Governor of the Banco Central de...
System of unit labour cost, OECD
Early Estimates of Quarterly Unit Labour Costs
Seasonally adjusted data, Total economy
Annual ULC...
IMF Executive Board Completes First Review Under the Extended Credit Facility Arrangement for Sierra Leone and Approves US$13.69 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed the first review of Sierra Leone’s economic program under a three-year arrangement under the Extended Credit Facility (ECF) for Sierra Leone. The completion of the review enables...
World Bank to Help Equip Young People in Malawi With Skills for Jobs in High-Priority Sectors
The World Bank Group’s Board of Executive Directors has approved support for Malawi that will help the country to equip young people with the skills needed for jobs in high-priority sectors in the country’s steadily growing economy. These include...
2014 Global Forum on Responsible Business Conduct, Paris, 26-27 June 2014
Responsible business conduct is crucial for open and stable international investment climates. OECD Secretary-General Ángel Gurría will open the 2014 OECD Global Forum on Responsible Business Conduct on 26-27 June 2014, together with Dutch Minister...
Nigeria: World Bank Supports More Irrigation and Farm Services to Boost Food, Jobs, and Incomes in Northern Nigeria
The World Bank’s Board of Executive Directors approved a US$495.3 million International Development Association (IDA*) credit to improve farmers’ access to irrigation and drainage services, strengthen institutional arrangements for integrated water...
