Finance & Economics

World Bank Approves First Energy Sector Credit in Nepal

The World Bank has approved its first loan to strengthen the finances and operations of Nepal’s energy sector, so it can deliver reliable, affordable and sustainable power to the Nepali people.

Job automation risks vary widely across different regions within countries

The risk of job automation is much higher in some regions than others within countries, meaning governments will need to address any widening of job inequality between one area and another in the coming years, according to a new OECD report.

Few countries are pricing carbon high enough to meet climate targets

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G20 GDP growth nudges up to 1.0% in the second quarter of 2018

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Canada needs to increase foreign aid flows in line with its renewed engagement

Canada has shown a renewed engagement in global development in the last few years. This now needs to translate into concrete action to increase aid flows and ensure that development co-operation is effective and coherent, according to a new OECD...

IMF Executive Board Concludes 2018 Article IV Consultation with Norway

Norway is in the midst of a healthy recovery from the oil downturn, supported by positive trends in oil prices and a strengthening labor market. In addition, banks remain profitable and well capitalized. However, household debt continues to increase...

IMF Executive Board Concludes 2018 Article IV Consultation with the Republic of Kazakhstan

On September 12, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the 2018 Article IV consultation with the Republic of Kazakhstan, considering and endorsing the staff’s appraisal without meeting.

IMF Staff Completes Visit to Central African Republic

A staff team from the International Monetary Fund (IMF), led by Norbert Toé, visited Bangui during September 7–14, 2018 to review recent developments and program implementation.

Economic Recovery Fails to Reach the Poorest Americans

New data released by the U.S. Census Bureau shows that the number of people living in poverty last year fell to 39.7 million or 12.3 percent of the U.S. population, which is not a statistically significant reduction from 2016. The report, “Income and...

Canada needs to increase foreign aid flows in line with its renewed engagement

Canada has shown a renewed engagement in global development in the last few years. This now needs to translate into concrete action to increase aid flows and ensure that development co-operation is effective and coherent, according to a new OECD...