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IFC Press Releases

Beijing, December 17, 2015—IFC, a

1 hour 45 min ago
Beijing, December 17, 2015—IFC, a member of the World Bank Group, is hosting a training seminar for Chinese market regulators and banking professionals to raise corporate-governance standards among Chinese listed companies with the aim of improving their performance and hence attractiveness fo

IMF News

For India, Strong Growth Persists Despite New Challenges

4 hours 45 min ago

IMF Reaches Staff-level Agreement with Benin on an Extended Credit Facility Arrangement

8 hours 55 min ago

IMF Staff Completes 2017 Article IV Mission to Samoa

8 hours 59 min ago

IMF Video:India's Demonetization

9 hours 13 min ago

Infographic: 2017 India Article IV Report

9 hours 13 min ago

IMF Executive Board Concludes Fifth Post-Program Monitoring with Portugal

12 hours 4 min ago

IMF Executive Board Concludes 2017 Article IV Consultation with India

12 hours 13 min ago

India : Selected Issues

21 hours 28 min ago
Country Report No. 17/55

Portugal : Fifth Post Program Monitoring Discussions-Press Release; Staff Report; and Statement by the Executive Director for Portugal

21 hours 28 min ago
Country Report No. 17/58

India : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India

21 hours 28 min ago
Country Report No. 17/54

IMF Executive Board Concludes 2016 Article IV Consultation with Malta

1 day 7 hours ago

Ensuring Financial Stability in Countries with Islamic Banking

1 day 11 hours ago

IMF Executive Board Adopts Decisions to Strengthen the Financial Stability in Countries with Islamic Banking

1 day 11 hours ago

Malta : Selected Issues

1 day 21 hours ago
Country Report No. 17/57

Malta : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malta

1 day 21 hours ago
Country Report No. 17/56

Seychelles : Fourth and Fifth Reviews Under the Extended Arrangement and Request for Modification and Waiver of Applicability of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Seychelles

1 day 21 hours ago
Country Report No. 17/51

IMF Reaches Staff-Level Agreement with Mongolia on Three-Year Extended Fund Facility

3 days 20 hours ago

IMF Video: Addressing the Shifting Global Landscap

5 days 7 hours ago

Sharan Burrow, on Regaining Trust

5 days 10 hours ago
Podcast

IMF Staff Concludes Visit to The Kyrgyz Republic

6 days 8 hours ago

IMF Staff Conclude 2017 Discussions with the West African Economic and Monetary Union on Common Policies for Member Countries

6 days 10 hours ago

Jamaica Implements the International Monetary Fund's Enhanced General Data Dissemination System

1 week 3 hours ago

IMF Executive Board Concludes 2016 Article IV Consultation with the Lao People's Democratic Republic

1 week 4 hours ago

Lao People's Democratic Republic : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lao People's Democratic Republic

1 week 21 hours ago
Country Report No. 17/53

IMF Executive Board Concludes 2016 Article IV Consultation with People’s Republic of China—Macao Special Administrative Region

1 week 1 day ago

Banks, Firms, and Jobs

1 week 1 day ago
Working Paper No. 17/38

A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries

1 week 1 day ago
Working Paper No. 17/37

Women at Work in Latin America and the Caribbean

1 week 1 day ago
Working Paper No. 17/34

People's Republic of China-Macao Special Administrative Region : 2016 Article IV Consultation-Press Release; and Staff Report

1 week 1 day ago
Country Report No. 17/50

IMF Staff Completes 2016 Article IV Mission to The Dominican Republic

1 week 2 days ago

Pan-African Banking Finding its Stride

1 week 2 days ago

Statement by IMF Managing Director Christine Lagarde at the Conclusion of Her Visit to UAE

1 week 2 days ago

IMF Staff Concludes Visit to West Bank and Gaza

1 week 2 days ago

New IMF Training and Technical Assistance Center for Economic Capacity Building in South Asia

1 week 2 days ago

What Influences Bank Lending in Saudi Arabia?

1 week 2 days ago
Working Paper No. 17/31

Inflation-Forecast Targeting for India : An Outline of the Analytical Framework

1 week 2 days ago
Working Paper No. 17/32

Terms-of-Trade Cycles and External Adjustment

1 week 2 days ago
Working Paper No. 17/29

Assessing the Fragility of Global Trade : The Impact of Localized Supply Shocks Using Network Analysis

1 week 2 days ago
Working Paper No. 17/30

Quarterly Projection Model for India : Key Elements and Properties

1 week 2 days ago
Working Paper No. 17/33

Generating Public Revenue to Build Resilient Economies

1 week 3 days ago

IMF Staff Concludes Visit to Ghana

1 week 5 days ago

Indonesia : Selected Issues

1 week 5 days ago
Country Report No. 17/48

IMF Team Meets with Costa Rican Authorities

1 week 6 days ago

IMF Executive Board Concludes 2016 Article IV Consultation with Australia

1 week 6 days ago

San Marino: Staff Concluding Statement of the 2017 Article IV Mission

1 week 6 days ago

Transcript - IMF Press Briefing

1 week 6 days ago

Australia : 2016 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Australia

1 week 6 days ago
Country Report No. 17/42

Australia : Selected Issues

1 week 6 days ago
Country Report No. 17/43

OECD News - Corruption

2017 OECD Global Anti-Corruption & Integrity Forum

0 sec ago
The 2017 OECD Global Anti-Corruption and Integrity Forum will tackle issues related to fair competition and economic growth, the inequality gap, a level playing field for business, the public interest in policy making and trust in government and politics

Conference on business, finance and gender

0 sec ago
Paris, 8 March 2017: Taking place on International Women's Day, the OECD will host a conference on a series of gender-related topics, including: gender differences in financial skills and behaviour; how business can contribute to helping women working in the informal economy; and retirement income for women in the changing pensions landscape.

Internship opportunities working on anti-corruption at the OECD

1 week 5 days ago
The OECD Anti-Corruption Division offers short-term internships of 2-6 months for qualified students. These internships provide students with the experience of working in an international organisation on anti-corruption issues and more specifically the OECD Anti-Bribery Convention.

OECD News - Development

International Economic Forum on Latin America and the Caribbean

37 weeks 5 days ago
The theme of the 2016 Forum taking place in Paris on 3 June is "New Challenges and Innovative Partnerships in a Shifting World". Key issues on the agenda include redefining partnerships to support inclusive and sustainable growth, and innovative policies to increase productivity and tackle inequalities.

OECD Forum 2016: Productive economies, Inclusive societies

38 weeks 1 day ago
Forum 2016, entitled Productive economies, Inclusive societies will be organised around the 3 cross-cutting themes of the OECD Week: inclusive growth and productivity, innovation and the digital economy, and international collaboration for implementing international agreements (COP21 and the Sustainable Development Goals) and standards (BEPS and automatic exchange of information).

How to reach the Sustainable Development Goals? We need a GPS

38 weeks 5 days ago
With the Sustainable Development Goals, the world has set itself ambitious targets for the next 15 years. But ambition will also be essential if we are to collect and process the data needed for monitoring the goals. Thanks to more than half a century of experience, the OECD is well-placed to support this global project.

Africa’s choice: Business-as-usual or a green agenda?

39 weeks 10 hours ago
The Paris Agreement on climate change signals the end of business as usual for energy industries. For the first time in history more than 150 developed and developing countries have promised to reduce greenhouse gas emissions. But how binding are these agreements? And do they provide impetus for local action in Africa?

It’s up to us all to end child labour

39 weeks 1 day ago
A young boy named Kalu, who had been rescued from a carpet-weaving unit in Bihar, once raised a compelling and very significant question when he met then-President Bill Clinton. In conversation with the President, Kalu politely inquired about his plans and policies with regard to the world’s children and their condition.

Africa: Economic transformation hinges on unlocking potential of cities, says the African Economic Outlook 2016

39 weeks 2 days ago
How Africa urbanises will be critical to the continent’s future growth and development, says the African Economic Outlook 2016 released today at the African Development Bank Group’s 51st Annual Meetings.

The OECD at the World Humanitarian Summit

39 weeks 2 days ago
The World Humanitarian Summit will be held in Istanbul on 23-24 May. The purpose of the summit is to set a forward-looking agenda for humanitarian action to collectively address future humanitarian challenges.

Fighting poverty means fighting sexism

39 weeks 6 days ago
Nowhere in the world do women have as many opportunities as men, whether those opportunities are economic, social or political. If we’re going to make our commitments under the Sustainable Development Goals (SDGs) count, we have to start here.

OECD News - Economy

OECD project on Growth, Investment and the Low-Carbon Transition

12 hours 37 min ago
The OECD is undertaking a major project on the economic growth and investment implications of the transition to a low-carbon, climate resilient economy in the context of the German G20 Presidency. The final report from the project, entitled "Investing in Climate, Investing in Growth", will be launched in the margins of the Petersberg Climate Dialogue in Berlin on 23 May 2017.

GDP Growth - Fourth quarter of 2016, OECD

2 days 17 hours ago
OECD GDP growth slows to 0.4% in fourth quarter of 2016

Portugal needs stronger investment to maintain growth and improve living standards

1 week 2 days ago
Portugal’s economy has successfully recovered from the strong recession that lasted until 2014. Nonetheless, the economy’s still low investment, which has declined far more than in other Euro area countries, remains a source of concern.

Sweden’s economy is resilient and growing strongly, but must address rising challenges

2 weeks 9 hours ago
The Swedish economy is growing strongly, with unemployment trending downward and living standards among the highest in the world. Maintaining today’s high levels of well-being and addressing new challenges will require further actions to ensure inclusive, resilient and green growth for all, according to a new report from the OECD.

Composite Leading Indicators (CLI), OECD, February 2017

2 weeks 10 hours ago
Composite leading indicators continue to point to growth gaining momentum in several advanced economies

Tax planning by multinational firms: Firm-level evidence from a cross-country database

2 weeks 2 days ago
This paper exploits firm-level data from the ORBIS database to assess international tax planning by multinational enterprises (MNEs).

International tax planning, competition and market structure

2 weeks 2 days ago
This paper investigates if tax planning by large multinationals distorts competition in their favour and allows them to crowd out other firms. The competitive implications of tax planning are frequently mentioned in the tax policy debate, but not yet documented empirically to our knowledge. This paper aims to fill this gap.

International tax planning and fixed investment

2 weeks 2 days ago
This paper assesses how international tax planning affects real business investment by multinationals. Earlier studies have shown that corporate taxes reduce business investment. This paper shows that tax planning multinationals are less sensitive to corporate taxes than other firms in their investment decisions.

Anti-avoidance rules against international tax planning: A classification

2 weeks 2 days ago
This paper describes the main anti-avoidance rules against international tax planning by multinational enterprises in OECD and G20 countries.

International differences in corporate taxation, foreign direct investment and tax revenue

2 weeks 2 days ago
This paper assesses the redistribution of foreign direct investments (FDI) and tax revenues among countries due to multinationals’ response to international differences in corporate tax systems.

Innovation, patent location and tax planning by multinationals

2 weeks 2 days ago
This paper assesses the effect of international differences in taxes on the choice of patent location by multinational enterprises (MNEs). The analysis is based on a large sample of patents and firms from the OECD-PATSTAT and OECD-ORBIS databases over 2004-10.

Debt and tax planning by multinationals

2 weeks 2 days ago
Multinational enterprises (MNEs) manipulate the location of their debts to reduce their corporate tax burden. Indeed, by locating debts in higher-tax rate countries, MNEs can deduct interest payments against a higher tax rate. This paper provides evidence of such manipulation of debt location.

OECD News - Finance

Conference on business, finance and gender

0 sec ago
Paris, 8 March 2017: Taking place on International Women's Day, the OECD will host a conference on a series of gender-related topics, including: gender differences in financial skills and behaviour; how business can contribute to helping women working in the informal economy; and retirement income for women in the changing pensions landscape.

OECD Sovereign Borrowing Outlook

1 week 9 hours ago
This report provides updates of trends and developments associated with sovereign borrowing requirements and debt levels from the perspective of public debt managers for the OECD area and country groupings.

OECD Global Forum on Public Debt Management 2017

1 week 10 hours ago
Discussions at the 2017 Global Forum will focus on policy challenges posed by the global macroeconomic environment, primary market operations, pricing and managing contingent liabilities and debt strategies for domestic markets.

Sovereign borrowing outlook for OECD countries, 2007 to 2017

1 week 13 hours ago
Sovereign gross borrowing needs in the OECD area have continued to decline from the peaks attained in 2012. They are expected to be USD 9.5 trillion in 2017, approximately the same level as 2016.

Sovereign borrowing outlook for OECD countries, 2007 to 2017

1 week 13 hours ago
Sovereign gross borrowing needs in the OECD area have continued to decline from the peaks attained in 2012. They are expected to be USD 9.5 trillion in 2017, approximately the same level as 2016.

World Trade Organization - News

WTO’s Trade Facilitation Agreement enters into force

9 hours 28 min ago
A major milestone for the global trading system was reached on 22 February 2017 when the first multilateral deal concluded in the 21 year history of the World Trade Organization entered into force. In receiving four more ratifications for the Trade Facilitation Agreement (TFA), the WTO has obtained the two-thirds acceptance of the agreement from its 164 members needed to bring the TFA into force.

WTO Press Conference — Entry into force of Trade Facilitation Agreement

9 hours 28 min ago

“US – Supercalendered Paper” hearings opened to the public

14 hours 28 min ago
At the request of the parties in the dispute “United States – Countervailing Measures on Supercalendered Paper from Canada” (DS505), the panel has decided to open to the public its first substantive meeting on 21 and 22 March 2017. The live screening will take place at the WTO’s headquarters in Geneva.

Japan donates CHF 200,000 to help developing countries enhance trade negotiation skills

1 day 9 hours ago
The government of Japan is contributing JPY 27.5 million (just over CHF 200,000) to help developing countries and least-developed countries participate more effectively in global trade negotiations.

Russia files appeal against WTO panel ruling on vehicle duties

2 days 9 hours ago
On 20 February the Russian Federation filed a notice of appeal in the case brought by the European Union in “Russia — Anti-Dumping Duties on Light Commercial Vehicles from Germany and Italy” (DS479).

Items proposed for consideration at the next meeting of Dispute Settlement Body

2 days 9 hours ago
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 20 February 2017, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially called an “airgram”.

Indonesia files appeal against WTO panel ruling on agricultural import measures

5 days 9 hours ago
Indonesia filed a notice of appeal on 17 February 2017 in the cases brought by New Zealand and the United States in “Indonesia – Importation of Horticultural Products, Animals and Animal Products” (DS477 and 478).

Items proposed for consideration at the next meeting of Dispute Settlement Body

5 days 11 hours ago
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 17 February 2017, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially called an “airgram”.

DG Azevêdo: Work to cut trade costs can help Africa’s economic integration

6 days 9 hours ago
Director-General Roberto Azevêdo was in Dakar, Senegal, on 16 February 2017, for meetings with President Macky Sall, Trade Minister Alioune Sarr and other high-level government representatives.

Forum des Ports Africains, Dakar (Senegal)

6 days 9 hours ago

World Trade Outlook Indicator suggests moderate trade momentum in first quarter of 2017

1 week 1 day ago
The WTO’s latest World Trade Outlook Indicator (WTOI) suggests that global trade growth will continue to build moderately in the first quarter of 2017 after having strengthened in the final quarter of last year. Trade-related indicators including air freight, automobile sales, export orders and container shipping have all registered solid gains in recent months, auguring for faster growth in merchandise trade volumes in the first few months of the year.

Trade Policy Review: Sierra Leone

1 week 1 day ago
The second review of the trade policies and practices of Sierra Leone takes place on 14 and 16 February 2017. The basis for the review is a report by the WTO Secretariat and a report by the Government of Sierra Leone.

Indonesia files appeal against WTO panel ruling on EU dumping duties on fatty alcohol

1 week 5 days ago
Indonesia filed a notice of appeal on 10 February 2017 in the case “European Union – Anti Dumping Measures on Imports of Certain Fatty Alcohols from Indonesia” (DS442).

Advanced course ends for chairs of National Committees on Trade Facilitation

1 week 5 days ago
An Advanced Course for the chairs of National Committees on Trade Facilitation took place from 30 January to 10 February at the WTO headquarters to help prepare the participants for the implementation of the Trade Facilitation Agreement (TFA). It was attended by 23 government officials from 20 French-speaking countries and from the Economic and Monetary Community of Central Africa (CEMAC).

DG Azevêdo visit to India: Advancing global trade and the role of the WTO

1 week 6 days ago
Director-General Roberto Azevêdo told a meeting of the Confederation of Indian Industry (CII) in New Delhi on 9 February that a number of trade issues of interest to India’s economy were under discussion at the WTO, ahead of the 11th Ministerial Conference in Buenos Aires this December. He drew attention to discussions on agriculture issues and the facilitation of services trade, where India has been playing a leading role in discussions in Geneva, and pledged his support to help advance this work. During his visit the Director-General met with Minister Nirmala Sitharaman as well as representatives from the private sector and experts across a range of sectors, including agriculture.

Confederation of Indian Industry (CII) event, New Delhi: “Advancing Global Trade and the Role of the WTO”

1 week 6 days ago

Founded in 2000, the Parliamentary Network is an independent, non-governmental organization that provides a platform for Parliamentarians from over 140 countries to advocate for increased accountability and transparency in development cooperation. Jeremy Lefroy is the current Chair of the Parliamentary Network.

 

The Network – via its international secretariat, regional chapters and country chapters – reaches over 1000 Parliamentarians in Africa, Asia, Europe and the Americas. It strives to increase transparency and accountability in the development cooperation process by fostering the oversight role of parliaments and civil society. The Network has a specific focus on multilateral aid and a sub-focus on the work and modus operandi of the World Bank Group and the International Monetary Fund (IMF), the world’s largest multilateral funders.

 

It provides a platform for MPs and civil society to hold to account their own governments, as well as International Financial Institutions (IFIs), for development outcomes.

Membership is free of charge and open to elected parliamentarians who currently hold a mandate. As a member, you will receive The Parliamentary Network on the World Bank and International Monetary Fund’s policy materials, including the quarterly Network Review publication and the Parliamentarians and Development series.

You will also be eligible to attend the Annual Conference and participate in discussions with senior World Bank and IMF leadership. You can also be invited to take part in the Parliamentarians in the Field country visit programme.
In addition, the The Parliamentary Network on the World Bank and International Monetary Fund often invites partner organizations to join its activities.
PARLIAMENTARIAN PARTNER