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The World Bank today launched today two flagship economic reports: the 2024 Cameroon Economic Update and the Cameroon Public Finance Review. Entitled Fiscal Instruments for Sustainable Forestry, the economic update [...]

At the EU-Egypt Investment Conference held on June 29-30, a significant milestone was achieved as the European Union and Egypt signed a Memorandum of Understanding (MoU) for Macro-Financial Assistance (MFA) [...]

The World Bank has approved a $2.25 billion loan for Nigeria to shore up revenue and support economic reforms that have contributed to the worst cost-of-living crisis in many years [...]

Prime Minister Mostafa Madbouli said that the state is working on promoting the local industry as well as localization of various industries, in line with the underway economic reform measures [...]

The National Reform Programme (NRP) is a key part of the European Semester process. The European Semester process is the annual cycle of enhanced economic and social policy surveillance and [...]

After constructive discussions in Colombo, IMF Senior Mission Chief Mr. Peter Breuer and Deputy Mission Chief Ms. Katsiaryna Svirydzenka issued the following statement: The IMF team reached staff-level agreement with [...]

The economic reforms that Angola is implementing have helped to reduce the vulnerabilities of public debt, improve the business climate and enable the resumption of growth, said the Deputy Managing [...]

Unmet energy demand prompted discussion on the necessary structural and regulatory reforms for improved access between the World Bank and representatives of the Ethiopian government last week. Minister of Finance [...]

![CDATA[The World Bank will lend EUR 93.8 million to North Macedonia to strengthen the country’s fiscal position and financial sector, as well as facilitate its green transition. The new financing [...]

The Iraqi Minister of Finance, Taif Sami, reaffirmed on Monday the governments commitment to pushing for more financial policy reforms. Samis remarks took place during a meeting with a delegation [...]

The Ukraine Capacity Development Fund (UCDF), a trust fund managed and administered by the IMF, has been formally launched today at an inaugural Steering Committee meeting held in Kyiv. The [...]

The Government of Maldives and the World Bank today signed two agreements totalling US$67.8 million (approximately MVR1 billion) to support critical reforms to state-owned enterprises (SOEs), and to strengthen competitiveness [...]

Maldives faces significant economic risks from rising spending, high debt and external shocks, despite a projected 6.5% growth in real GDP in 2023 and an average of 5.4% from 2024 [...]

Inclusive and sustainable approaches are critical for Africas industrial development, says Stephen Karingi, Director, Regional Integration and Trade Division, Economic Commission for Africa (ECA). Industrialization is as a result of [...]

Approval Date 03 Oct 2023 Planned Completion Date 30 Jun 2025 Last Disbursement Planned Date 30 Jun 2025 Sovereign / Non-Sovereign Sovereign Sector Multi-Sector DAC Sector Code 15124 Commitment U.A [...]

The International Monetary Fund (IMF) Mission Team, led by Mission Chief Shanak Jay Peiris, commended the Department of Budget and Management (DBM) for introducing key structural reforms that are crucial [...]

The Asian Development Bank (ADB) has approved an $18.7 million policy-based grant for Maldives to help the country strengthen its fiscal management and create a pathway to restore fiscal sustainability [...]

The Department of Finance (DOF) on Friday welcomed the endorsement of the Legislative-Executive Development Advisory Council (LEDAC) of five key fiscal and economic reforms proposed by the department for legislative [...]

Egypts current enabling environment for trade is challenging raising costs and making Egyptian businesses less competitive in the global market. The USAID Trade Reform and Development in Egypt (TRADE) activity [...]

On June 23, President of the Republic of Uzbekistan Shavkat Mirziyoyev received Advisor on Economic Development, Effective Public Administration and International Cooperation, Suma Chakrabarti. The priorities of the program of [...]

On June 23, the President of the Republic of Uzbekistan Shavkat Mirziyoyev received Suma Chakrabarty, adviser on economic development, effective management and international cooperation. The priorities of the program of [...]

The Government of Maldives and the World Bank today signed two agreements totalling US$67.8 million (approximately MVR1 billion) to support critical reforms to state-owned enterprises (SOEs), and to strengthen competitiveness [...]

On June 1, the President of the Republic of Uzbekistan Shavkat Mirziyoyev received the Vice President of the World Bank for the Europe and Central Asia region Antonella Bassani. The [...]

Head of Department Kari Hakari (Ministry of Social Affairs and Health) and Ministerial Adviser Tiina Snellman (Ministry of Social Affairs and Health) opened the results of the negotiations on the [...]

The National Reform Programme (NRP) is a key part of the European Semester process. The European Semester process is the annual cycle of enhanced economic and social policy surveillance and [...]

Today, under the leadership of President Nicolas Pashin, there was a consultation in the government dedicated to economic reform. There have been discussions, particularly measures and legislative changes to improve [...]

Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal today expressed confidence that the structural reforms taken by the Government in last [...]

Project ID: P176822 Region: latin america and caribbean Commitment Amount: Us$ 30.00 million Total Project Cost: 1us$ 30.00 million Status: Pipeline Country: St. Vincent and the Grenadines Closing Date: N/A [...]

About 100 students of higher education institutions operating in Georgia took part in the economic policy and reforms camp project. The student project of an unprecedented scale was aimed at [...]

At the end of a three-day official visit to Angola, African Development Bank Groups Director General for Southern Africa Leila Mokaddem has commended the Lusophone nation for its ongoing economic [...]

The people's governments of all provinces, autonomous regions, and municipalities directly under the Central Government, Xinjiang Production and Construction Corps, all ministries and commissions of the State Council and all [...]

The federal government has sought the full support of civil society groups in Nigeria in an effort to sustain the fiscal reforms initiated under the $1.5 billion World Bank-Assisted States [...]