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IFC Press Releases

Beijing, December 17, 2015—IFC, a

2 hours 33 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

Suriname : Technical Assistance Report-National Accounts Statistics Mission

2 hours 12 min ago
Country Report No. 17/187

Euro Area: There Is Recovery, But Reforms Are Needed

8 hours 54 min ago

IMF Executive Board Concludes 2017 Article IV Consultation on Euro Area Policies

10 hours 40 min ago

IMF Staff Completes 2017 Article IV Visit to Cambodia

12 hours 46 min ago

Euro Area Policies : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

19 hours 46 min ago
Country Report No. 17/235

Euro Area Policies : Selected Issues

19 hours 46 min ago
Country Report No. 236

Central Bank Balance Sheet Policies and Spillovers to Emerging Markets

19 hours 46 min ago
Working Paper No. 17/172

Government Financial Assets and Debt Sustainability

19 hours 46 min ago
Working Paper No. 17/173

World Economic Outlook Update, July 2017: A Firming Recovery

1 day 3 hours ago

Jordan: IMF Executive Board Concludes 2017 Article IV Consultation

1 day 7 hours ago

IMF Staff Concludes Visit to West Bank and Gaza

1 day 8 hours ago

Two Trilemmas for Monetary Policy

1 day 8 hours ago

Macroprudential Policy Spillovers : A Quantitative Analysis

1 day 19 hours ago
Working Paper No. 17/170

Efficiency-Adjusted Public Capital, Capital Grants, and Growth

1 day 19 hours ago
Working Paper No. 17/168

Senegal : Fourth Review Under the Policy Support Instrument and Request for an Extension of the Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for Senegal

1 day 19 hours ago
Country Report No. 17/230

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

1 day 19 hours ago
Country Report No. 17/231

Jordan : Selected Issues

1 day 19 hours ago
Country Report No. 17/232

What Explains the Decline of the U.S. Labor Share of Income? An Analysis of State and Industry Level Data

1 day 19 hours ago
Working Paper No. 17/167

IMF Executive Board Concludes 2017 Article IV Consultation with Saudi Arabia

4 days 9 hours ago

IMF Executive Board Approves in Principle €1.6 Billion Stand-By Arrangement for Greece

5 days 1 hour ago

Transcript of IMF Press Briefing

5 days 1 hour ago

IMF Video: Press Briefing by William Murray, Deputy Spokesman, IMF Communications Department

5 days 5 hours ago

Use of Supervisory Standards in the Financial Sector Assessment Program—Understandings with Standard Setting Bodies

5 days 7 hours ago

Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting - June 19, 2017

5 days 9 hours ago

Guinea-Bissau : Third Review Under the Extended Credit Facility Arrangement, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review-Press Release and Staff Report

5 days 19 hours ago
Country Report No. 17/228

Greece : Request for Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Greece

5 days 19 hours ago
Country Report No. 17/229

IMF Staff Concludes Visit to Mozambique

6 days 1 hour ago

Uganda's Infrastructure Investment Promise

6 days 9 hours ago

Republic of Armenia : 2017 Article IV Consultation and Fifth and Final Review Under the Extended Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Republic of Armenia

6 days 19 hours ago
Country Report No. 17/226

Smooth Operator: Remittances and Fiscal Shocks

6 days 19 hours ago
Working Paper No. 17/165

Women Are Key for Future Growth : Evidence from Canada

6 days 19 hours ago
Working Paper No. 17/166

Financial Resource Curse in Resource-Rich Countries

6 days 19 hours ago
Working Paper No. 17/163

Designing a Simple Loss Function for Central Banks : Does a Dual Mandate Make Sense?

6 days 19 hours ago
Working Paper No. 17/164

Republic of Armenia : Selected Issues

6 days 19 hours ago
Country Report No. 17/227

Spain: IMF Staff Concluding Statement of the 2017 Article IV Mission

1 week 2 hours ago

Statement by David Lipton, First Deputy Managing Director of the IMF, at the Conclusion of His Visit to Mexico

1 week 7 hours ago

Burkina Faso : Seventh Review Under the Extended Credit Facility Arrangement-Press Release and Staff Report

1 week 19 hours ago
Country Report No. 17/222

Turkey : Fiscal Transparency Evaluation

1 week 19 hours ago
Country Report No. 17/208

Republic of Madagascar : Selected Issues

1 week 19 hours ago
Country Report No. 17/224

Republic of Madagascar : 2017 Article IV Consultation, First Review Under the Extended Credit Facility Arrangement, and Request for Waiver of Nonobservance of Performance Criterion, Modification of Performance Criterion and Augmentation of Access-Press Re

1 week 19 hours ago
Country Report No. 17/223

Republic of Madagascar : Economic Development Document

1 week 19 hours ago
Country Report No. 17/225

A Crude Shock : Explaining the Impact of the 2014-16 Oil Price Decline Across Exporters

1 week 19 hours ago
Working Paper No. 17/160

On Swing Pricing and Systemic Risk Mitigation

1 week 19 hours ago
Working Paper No. 17/159

Basel Compliance and Financial Stability : Evidence from Islamic Banks

1 week 19 hours ago
Working Paper No. 17/161

IMF Completes Second Review of the Extended Arrangement Under the EFF with Sri Lanka and Approves US$ 167.2 Million Disbursement

1 week 1 day ago

IMF Executive Board Completes Second Review Under the ECF Arrangement for the Central African Republic, Approves US$16.3 Million Disbursement, and an Augmentation of US$15.5 Million

1 week 1 day ago

France: Staff Concluding Statement of the 2017 Article IV Mission

1 week 1 day ago

IMF Staff Completes 2017 Article IV Mission to Maldives

1 week 1 day ago

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

1 week 1 day ago
Country Report No. 17/220

Republic of Poland : Selected Issues

1 week 1 day ago
Country Report No. 17/221

IMF Executive Board Completes Seventh and Final Review Under the Extended Credit Facility Arrangement for Burkina Faso and Approves US$6.2 Million Disbursement

1 week 4 days ago

IMF Executive Board Concludes 2017 Article IV Consultation with Poland

1 week 4 days ago

IMF Executive Board Concludes 2017 Article IV Consultation with the United Arab Emirates

1 week 4 days ago

United Arab Emirates : Selected Issues

1 week 4 days ago
Country Report No. 17/219

United Arab Emirates : 2017 Article IV Consultation- Press Release; Staff Report and Informational Annex for the United Arab Emirates

1 week 4 days ago
Country Report No. 17/218

IMF Executive Board Concludes 2017 Article IV Consultation for the Republic of Armenia

1 week 5 days ago

Podcast: Uganda: Rising Debt and the Promise of Oil

1 week 5 days ago

Unlocking Canada's Future Growth Through Infrastructure

1 week 5 days ago

IMF Executive Board Concludes 2017 Article IV Consultation with Canada

1 week 5 days ago

Pakistan : Selected Issues

1 week 5 days ago
Country Report No. 17/213

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

1 week 5 days ago
Country Report No. 17/212

Canada : 2017 Article IV Consultation-Press Release and Staff Report

1 week 5 days ago
Country Report No. 17/210

Canada : Selected Issues and Analytical Notes

1 week 5 days ago
Country Report No. 17/211

Rwanda : Selected Issues

1 week 5 days ago
Country Report No. 17/214

Rwanda : Staff Report for the 2017 Article IV Consultation, Seventh Review Under the Policy Support Instrument, and Second Review Under the Standby Credit Facility- Press Release; Staff Report; and Statement by the Executive Director for Rwanda

1 week 5 days ago
Country Report No. 17/217

IMF Executive Board Completes Seventh PSI Review, Second Review Under the Standby Credit Facility, and Concludes 2017 Article IV Consultation with Rwanda

1 week 6 days ago

Cameroon to Implement the IMF’s Enhanced General Data Dissemination System

1 week 6 days ago

Statement by IMF Managing Director Christine Lagarde at the Conclusion of her Visit to Croatia

1 week 6 days ago

The International Tax Dimension of Economic Growth in Asia

1 week 6 days ago

Mali : Seventh Review Under the Extended Credit Facility Arrangement, and Request for Extension and Augmentation of Access-Press Release; Staff Report; and Statement by the Executive Director for Mali

1 week 6 days ago
Country Report No. 17/209

Uganda : Selected Issues

1 week 6 days ago
Country Report No. 17/207

Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies in Support of Member Countries Reform Programs

1 week 6 days ago
Country Report No. 17/176

Uganda : 2017 Article IV Consultation and Eighth Review Under the Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for Uganda

1 week 6 days ago
Country Report No. 17/206

OECD News - Corruption

Costa Rica - OECD Anti-Bribery Convention

2 days 15 hours ago
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Costa Rica.

Lithuania - OECD Anti-Bribery Convention

1 week 3 days ago
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Lithuania.

OECD News - Development

International Economic Forum on Latin America and the Caribbean

1 year 7 weeks 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

1 year 7 weeks 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

1 year 8 weeks 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?

1 year 8 weeks 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

1 year 8 weeks 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

1 year 9 weeks 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

1 year 9 weeks 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

1 year 9 weeks 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

South Africa: Find new ways to boost growth and job creation

1 day 13 hours ago
The South African economy has registered tremendous progress over the past two decades, boosting living standards and lifting millions out of poverty nationwide.

Austria: Embrace digitalisation to boost growth and inclusiveness

1 week 1 day ago
The Austrian economy is strengthening, supported by recent tax reform and a pick-up in international trade. With business and household confidence rising and the short-term outlook favourable, policymakers should enact deeper structural reforms that will improve both fiscal sustainability and social cohesion.

OECD Economic Survey of Luxembourg launches Friday 21 July 2017

1 week 5 days ago
The latest OECD Economic Survey of Luxembourg, to be published on Friday 21 July, analyses the factors behind the country’s strong economic performance, as well as public policies that can make growth greener and more resilient.

Harmonised Unemployment Rates (HURs), OECD - Updated: July 2017

2 weeks 7 hours ago
OECD unemployment rate stable at 5.9% in May 2017

OECD Economic Survey of Austria launches Monday 17 July 2017

2 weeks 10 hours ago
The latest OECD Economic Survey of Austria, to be published on Monday 17 July, analyses the factors behind the recent acceleration of economic growth as well as how policy can help reinvigorate business dynamism, improve competitiveness and spur greater social cohesion.

Composite Leading Indicators (CLI), OECD, July 2017

2 weeks 1 day ago
Composite leading indicators continue to point to stable pace of expansion in the OECD area

OECD News - Finance

Open and Orderly Capital Movements: Interventions from the 2016 OECD High-Level Seminar

2 weeks 1 day ago
This collection compiles the contributions of senior policy experts, academics, and economic practitioners on developments in the financial integration and financial regulation of cross-border capital flows since the 2008 global financial crisis at the OECD High-Level Seminar “Open and Orderly Capital Movements” held in October 2016.

G20/OECD INFE report on adult financial literacy in G20 countries

2 weeks 3 days ago
This report describes the levels of financial literacy of adults in G20 countries and the Netherlands and Norway, guest countries under the G20 German Presidency. It was presented to G20 Leaders at their 2017 Summit meeting in Hamburg on 8 July 2017.

World Trade Organization - News

WTO members record lowest monthly average in new trade restrictions since 2008

1 day 9 hours ago
Between mid-October 2016 and mid-May 2017 WTO members recorded the lowest monthly average of new trade restrictions since the financial crisis of 2008, according to the Director-General’s mid-year report on trade-related developments presented to members on 24 July. Director-General Roberto Azevêdo welcomed this news, and urged WTO members to show continued moderation. The report also shows that the trade coverage of the trade-facilitating measures was significantly higher than that of the restrictions.

Goods negotiations restart, members divided on transparency proposal

4 days 7 hours ago
WTO members on Friday (21 July) took up a proposal which proponents said would facilitate the participation of micro, small and medium-sized enterprises (MSMEs) in global trade by establishing rules to bring about greater transparency and access to information pertaining to government regulations on food and product safety.

Ecuador confirms final removal of import surcharges

4 days 7 hours ago
WTO members welcomed Ecuador’s announcement that it has completely removed import surcharges imposed in 2015 to address the country’s deteriorating balance of payments situation. Ecuador told a meeting of the WTO’s Committee on Balance-of-Payments Restrictions on 21 July that the final phase-out of the surcharges was made effective on 1 June.

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

5 days 14 hours ago
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 20 July 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”.

WTO members step up work to ensure implementation of Trade Facilitation Agreement

6 days 7 hours ago
WTO members stepped up efforts to ensure the implementation of the landmark Trade Facilitation Agreement (TFA) at the 19 July meeting of the Committee on Trade Facilitation. Members highlighted the need for continued submissions of remaining ratifications and notifications and worked on defining the committee’s work and procedures.

Fisheries subsidies talks move forward with seven proposals and forthcoming compilation

1 week 7 hours ago
WTO members on 18 July agreed to move to the next phase of negotiations on fisheries subsidies after a surge of new and revised proposals aimed at reaching a decision by December at the Ministerial Conference were submitted. Members assented to the preparation of a document compiling the proposals in the form of a matrix, which is intended to help members firm up positions over the summer ahead of intensive September negotiations.

DG Azevêdo welcomes India’s Minister Sitharaman to the WTO

1 week 7 hours ago
Director-General Roberto Azevêdo met today (18 July) with Nirmala Sitharaman, India’s Minister of State for Commerce and Industry, to discuss developments at the WTO and preparations for the 11th Ministerial Conference to be held in Buenos Aires, 10-13 December.

Trade Policy Review: Brazil

1 week 1 day ago
The seventh review of the trade policies and practices of Brazil takes place on 17 and 19 July 2017. The basis for the review is a report by the WTO Secretariat and a report by the Government of Brazil.

Positive momentum for Sudan’s WTO membership negotiations

1 week 4 days ago
WTO members commended the positive momentum for Sudan’s WTO membership negotiations and reiterated their readiness to support the process at the 4th meeting of the working party on the country’s accession held on 14 July under the chairmanship of Mr Ryosuke Kuwana (Japan). Negotiations on Sudan’s WTO membership resumed in January after 13 years of impasse.

China, EU seek to strengthen WTO trade remedy, notification disciplines

1 week 4 days ago
China has put forward a new proposal aimed at strengthening WTO disciplines on transparency and due process in anti-dumping and countervailing proceedings, while the European Union has offered a new initiative on improving the reporting of subsidy programmes to the WTO. The two proposals were discussed at a 14 July informal meeting of the WTO’s Negotiating Group on Rules (NGR).

Members reaffirm commitment to Aid for Trade and to development support

1 week 5 days ago
WTO members reaffirmed their commitment to the Aid for Trade initiative and to the development dimension of the organization at the closing session of the Aid for Trade Global Review 2017 on 13 July. They underscored, in particular, the important role this exercise plays in helping developing and least developed countries (LDCs) improve their capacities to connect to global markets and lower trade costs.

WTO members adopt report on food safety agreement

1 week 5 days ago
WTO members adopted a report on the Fourth Review of the Agreement on Sanitary and Phytosanitary Measures (SPS) at a meeting on 13 and 14 July. The SPS Committee also reviewed concerns on food safety measures affecting international trade.

Aid for Trade Global Review: Closing plenary

1 week 5 days ago

Trade facilitation key to addressing needs of developing countries

1 week 5 days ago
Trade facilitation can be a key contributor to sustainable development as speedier border crossings for goods and services help address poverty alleviation and even humanitarian crises, speakers at various sessions said at the Aid for Trade Global Review on 11-13 July. A case study competition underlined the importance of the issue, with joint prize winners announced from Zambia and Jamaica.

Removing barriers to women’s participation in trade critical for economic development

1 week 6 days ago
Removing barriers that prevent women from fully participating in trade is critical not only for the empowerment of women but also for economic growth and development in general, speakers at a high-level plenary on gender and trade said on 12 July. The plenary was held as part of the WTO’s Aid for Trade Global Review 2017.

2017 Global Review of Aid for Trade: Plenary session — promoting inclusive trade through gender empowerment

1 week 6 days ago

2017 Global Review of Aid for Trade: FAO-WTO joint publication launch — “Trade and Food Standards”

1 week 6 days ago

2017 Global Review of Aid for Trade: STDF session – Transitioning from paper-based to automated SPS systems

1 week 6 days ago

Countries urged to reap benefits of food trade by engaging in standards setting

1 week 6 days ago
Participation in the development of international food standards for trade is essential if countries are to reap the benefits of booming global trade and prepare for imminent technological changes, according to a joint publication issued by the UN’s Food and Agriculture Organization (FAO) and the World Trade Organization (WTO) on 12 July.

2017 Global Review of Aid for Trade — opening plenary session

2 weeks 7 hours ago

Connectivity and inclusiveness highlighted at opening of Aid for Trade Global Review

2 weeks 7 hours ago
Continued support is needed to improve connectivity, lower trading costs and increase women’s participation in trade, particularly in developing and least developed countries (LDCs), speakers at the opening plenary session of the Aid for Trade Global Review 2017 said on 11 June. Providing this support will ensure trade contributes further to alleviating poverty and achieving the Sustainable Development Goals (SDGs), the speakers said.

2017 Global Review of Aid for Trade: Enhanced Integrated Framework — championing change through inclusive trade

2 weeks 7 hours ago

EU provides EUR 10 million to support sustainable development in poorest countries

2 weeks 7 hours ago
As part of global efforts to work towards achieving the UN’s Sustainable Development Goals, the European Union is contributing EUR 10 million to the Enhanced Integrated Framework (EIF), the only global Aid for Trade (AfT) programme exclusively designed to help least-developed countries (LDCs) utilize their trade potential to achieve sustainable development and economic growth.

Trade and investment are essential for sustainable development – DG Azevêdo

2 weeks 1 day ago
Speaking at a Workshop on Investment Facilitation for Development on 10 July 2017 at the WTO, Director-General Roberto Azevêdo said that combining trade, aid and investment can help countries foster development, diversify their export capacity and better integrate into the global economy. The event was organized by the Friends of Investment Facilitation for Development (FIFD) – representing 11 WTO members — and gathered experts from international organizations, non-governmental organizations, the private sector and academia. This is what he said:

ITC Joint Advisory Group (JAG) meeting

2 weeks 1 day ago

Japan donates CHF 230,000 to enhance trade negotiating skills of poorest WTO members

2 weeks 1 day ago
The government of Japan is contributing JPY 27.5 million (just over CHF 230,000) to help developing countries and least-developed countries enhance their trade negotiating skills and participate more effectively in global trade negotiations.

More inclusive global value chains can advance productivity and growth in developing countries

2 weeks 1 day ago
Global value chains (GVCs) are transforming world trade, but must be more inclusive if they are to deliver greater benefits to developing countries and smaller companies, according to a new report from the World Bank Group, WTO, OECD, Institute of Developing Economies (IDE-JETRO) and the Research Center of Global Value Chains of the University of International Business and Economics (UIBE).

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.
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