Low productivity jobs continue to drive employment growth
Employment is rising in OECD countries but most jobs continue to be created in relatively low-productivity, low-wage activities, says a new OECD report.
Mexico needs a new strategy to boost growth, fight poverty and improve well-being for all
2.5 Million Iraqis and Businesses to Benefit from Improved Electricity Services
A new US$200 million World Bank project will provide increased and more reliable supply of electricity to about 2.5 million Iraqis and productive enterprises in the governorates of Basra, Al-Muthanna, Thi Qar, and Missan who currently suffer from...
IMF Staff ends Mission to Cameroon on the 4th Review under ECF
An International Monetary Fund (IMF) team, led by Ms. Corinne Deléchat, visited Yaoundé during April 23—May 3, 2019 to conduct discussions on the fourth review of the program supported by the Extended Credit Facility (ECF) that was approved in June...
Investing in Opportunities for People Focus of New Croatia World Bank Group Strategy
Supporting faster growth, increasing productivity and investing in opportunities for people, especially in less developed regions is the aim of the new 2019-24 World Bank Group (WBG) Country Partnership Framework (CPF) for the Republic of Croatia,...
IMF Staff Completes Mission to the Central African Republic
An International Monetary Fund (IMF) team, led by Mr. Édouard Martin, visited Bangui from April 24 through May 3, 2019 to conduct discussions for the sixth and final review of the Central African Republic’s economic reform program supported by an...
Low productivity jobs continue to drive employment growth
Employment is rising in OECD countries but most jobs continue to be created in relatively low-productivity, low-wage activities, says a new OECD report.
IMF Executive Board Concludes Article IV Consultation with Paraguay
On April 24, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Paraguay.
US Treasury Secretary Hopes for 'Substantial Progress' in China Talks
U.S. Treasury Secretary Steven Mnuchin says he hopes to makes "substantial progress" in trade talks with China, as the world's two largest economies try to reach a resolution to their trade war.
Investing in Human Capital is Key to Sustainable Growth in GCC
Economic growth in the Gulf Cooperation Council (GCC) region is expected to increase from 2.0% last year to 2.1% in 2019, before accelerating to 3.2% in 2020 and stabilizing at 2.7% in 2021, according to the new World Bank’s Gulf Economic Monitor...