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IFC Press Releases

Beijing, December 17, 2015—IFC, a

47 min 4 sec 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

Peru: Concluding Statement of the 2017 Article IV Mission

3 days 4 hours ago

IMF Staff Completes a Staff Visit to Guinea

3 days 4 hours ago

Statement at the Conclusion of the IMF Mission to Ukraine

3 days 16 hours ago

Structural Reform Packages, Sequencing, and the Informal Economy

3 days 20 hours ago
Working Paper No. 17/125

Income Inequality and Education Revisited : Persistence, Endogeneity, and Heterogeneity

3 days 20 hours ago
Working Paper No. 17/126

Transcript of IMF Press Briefing

4 days 2 hours ago

Romania : Ex-Post Evaluation of Exceptional Access Under the 2013 Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Romania

4 days 20 hours ago
Country Report No. 17/135

Romania : Selected Issues

4 days 20 hours ago
Country Report No. 17/134

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

4 days 20 hours ago
Country Report No. 17/133

Uganda : Fiscal Transparency Evaluation

4 days 20 hours ago
Country Report No. 17/130

IMF Executive Board Concludes Article IV Consultation with Romania and Ex-Post Evaluation of Exceptional Access Under the 2013 Stand-By Arrangement

4 days 21 hours ago

IMF Executive Board Approves Financial Arrangement for Mongolia

5 days 33 min ago

IMF Executive Board Completes First Review Under the ECF for the Islamic Republic of Afghanistan and Approves US$6.2 Million Disbursement

5 days 3 hours ago

Norway: Staff Concluding Statement of the 2017 Article IV Mission

5 days 14 hours ago

The Algebraic Galaxy of Simple Macroeconomic Models : A Hitchhiker’s Guide

5 days 20 hours ago
Working Paper No. 17/123

Labor Market Adjustments to Shocks in Australia

5 days 20 hours ago
Working Paper No. 17/124

IMF Executive Board Approves Bulgaria’s 2017 Financial System Stability Assessment

6 days 2 hours ago

Eligibility to Use the Fund's Facilities for Concessional Financing for 2017

6 days 2 hours ago

IMF Executive Board Reviews Eligibility to Use the Fund’s Facilities for Concessional Financing for 2017

6 days 3 hours ago

IMF Video: What Comes Next?

6 days 4 hours ago

Grenada: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding

6 days 4 hours ago

Mexico: Review Under the Flexible Credit Line-Press Release; Staff Report

6 days 12 hours ago
Country Report No. 17/129

Grenada Sets Stage for Sustainable Growth

6 days 16 hours ago

Bulgaria : Financial System Stability Assessment-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria

6 days 20 hours ago
Country Report No. 17/132

Grenada : Sixth review Under the Extended Credit Facility Arrangement and Financing Assurances Review-Press Release; and Staff Report

6 days 20 hours ago
Country Report No. 17/131

State-Contingent Debt Instruments for Sovereigns

1 week 3 hours ago

State-Contingent Debt Instruments for Sovereigns - Annexes

1 week 3 hours ago

Policy Paper: State-Contingent Debt Instruments for Sovereigns

1 week 5 hours ago

IMF Discussed State-Contingent Debt Instruments

1 week 9 hours ago

IMF Reaches Staff-Level Agreement on a Second Staff-Monitored Program with Somalia

1 week 9 hours ago

Portfolio Inflows and Real Effective Exchange Rates : Does the Sectorization Matter?

1 week 20 hours ago
Working Paper No. 17/121

Debt Limits and the Structure of Public Debt

1 week 20 hours ago
Working Paper No. 17/117

Riding the Energy Transition : Oil Beyond 2040

1 week 20 hours ago
Working Paper No. 17/120

Sovereign Bond Prices, Haircuts and Maturity

1 week 20 hours ago
Working Paper No. 17/119

Disinflation, External Vulnerability, and Fiscal Intransigence : Some Unpleasant Mundellian Arithmetic

1 week 20 hours ago
Working Paper No. 17/118

What Comes Next?

1 week 2 days ago

IMF Executive Board Concludes 2017 Article IV Consultation with Brunei Darussalam

1 week 3 days ago

IMF Video: Press Briefing: Western Hemisphere Regional Economic Outlook

1 week 3 days ago

IMF Staff Completes Review Visit to Guinea-Bissau

1 week 3 days ago

IMF Staff Completes 2017 Article IV Visit to Brazil

1 week 3 days ago

Latin America and the Caribbean: Bouncing Back from Recession

1 week 3 days ago

Regional Economic Outlook: Tale of Two Adjustments

1 week 3 days ago

Russian Federation: Staff Concluding Statement of the 2017 Article IV Mission

1 week 3 days ago

IMF Executive Board Completes Final Review Under the Extended Credit Facility Arrangement for Grenada

1 week 4 days ago

IMF Staff Completes 2017 Article IV Visit to South Africa

1 week 4 days ago

Poland: Staff Concluding Statement of the 2017 Article IV Mission

1 week 4 days ago

IMF Staff Completes 2017 Article IV Visit to Oman

1 week 4 days ago

IMF Executive Board Concludes 2016 Article IV Consultation with Togo

1 week 5 days ago

IMF Staff Completes 2017 Article IV Mission to Saudi Arabia

1 week 5 days ago

Building on Success: Achieving Tanzania's Goal of Middle-Income Status

1 week 5 days ago

Togo : Selected Issues

1 week 5 days ago
Country Report No. 17/128

Togo : 2016 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Togo

1 week 5 days ago
Country Report No. 17/127

IMF Staff Concludes 2017 Article IV Visit to Botswana

1 week 6 days ago

Republic of Lithuania: Staff Concluding Statement of the 2017 Article IV Mission

1 week 6 days ago

IMF Concludes the 2017 Article IV Consultation Mission to Jordan and Reaches Staff-Level Agreement on First Review Under the Extended Fund Facility

1 week 6 days ago

IMF Managing Director Meets Chinese Leadership and Participates in the Belt and Road Forum in Beijing

1 week 6 days ago

OECD News - Corruption

OECD Business and Finance Outlook 2017

0 sec ago
The 2017 edition addresses some forces influencing economic developments that have contributed to surprises at the ballot box and in referendums. It focuses on ways to enhance “fairness”, in the sense of strengthening global governance to ensure a level playing field in trade, investment and corporate behaviour, through the setting and better enforcement of global standards.

Lithuania to join the OECD Anti-Bribery Convention

1 week 3 days ago
Lithuania has taken an important step on the road to OECD membership by completing the process to become a member of the OECD Anti-Bribery Convention. Lithuania will become the 42nd Party to the OECD Anti-Bribery Convention on 15 July 2017, 60 days after the deposit of its instrument of accession.

OECD News - Development

International Economic Forum on Latin America and the Caribbean

51 weeks 3 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

51 weeks 6 days 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 2 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?

1 year 4 days 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 5 days 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 6 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

1 year 6 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

1 year 1 week 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

Solving Non-Performing Loans in Europe to speed up the recovery

13 hours 28 min ago
Almost 10 years after the outset of the financial crisis in summer 2008, European growth remains modest, constantly underperforming the OECD average.

Colombia: Raise productivity and make growth more inclusive

4 days 7 hours ago
The Colombian economy has been more resilient than other Latin American countries to the recent fall in commodities prices, and remains among the strongest in the region.

OECD International Conference - Investing in Climate, Investing in Growth

6 days 11 hours 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 "Investing in Climate, Investing in Growth" will be presented in the margins of the Petersberg Climate Dialogue in Berlin on 23 May 2017. The draft Agenda and the note for participants are now online.

Taking action on climate change will boost economic growth

6 days 16 hours ago
Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.

GDP Growth - First quarter of 2017, OECD

1 week 11 hours ago
OECD GDP growth falls to 0.4% in first quarter of 2017

Continued slowdown in productivity growth weighs down on living standards

1 week 4 days ago
The slowdown in productivity growth - already underway before the crisis – combined with sluggish investment, continued to undermine rises in economic output and material living standards in recent years in many of the world’s economies, according to a new report released today by the OECD.

A revised approach to productivity convergence in long-term scenarios

1 week 4 days ago
The paper describes revisions to the trend labour efficiency component of the production function underpinning long-term economic scenarios.

OECD News - Finance

OECD Business and Finance Outlook 2017

0 sec ago
The 2017 edition addresses some forces influencing economic developments that have contributed to surprises at the ballot box and in referendums. It focuses on ways to enhance “fairness”, in the sense of strengthening global governance to ensure a level playing field in trade, investment and corporate behaviour, through the setting and better enforcement of global standards.

Solving Non-Performing Loans in Europe to speed up the recovery

13 hours 28 min ago
Almost 10 years after the outset of the financial crisis in summer 2008, European growth remains modest, constantly underperforming the OECD average.

Can better international co-operation help build a fairer global economy?

3 days 11 hours ago
This article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.

Many teenagers struggle to understand money matters

5 days 14 hours ago
Around one in four students in the 15 countries and economies* that took part in the latest OECD Programme for International Student Assessment (PISA) test of financial literacy are unable to make even simple decisions on everyday spending, while only one in ten can understand complex issues, such as income tax.

Launch: OECD PISA financial literacy assessment of students

5 days 14 hours ago
24 May 2017: PISA 2015 Results (Volume IV): Students’ Financial Literacy explores students’ experience with and knowledge about money and provides an overall picture of 15-year-olds’ ability to apply their accumulated knowledge and skills to real-life situations involving financial issues and decisions.

Pension Markets in Focus

6 days 7 hours ago
This annual report on pensions markets reviews trends in the financial performance of pension funds, including investment returns and asset allocation. The 2015 edition also includes analysis of the extent to which data available show whether pension funds are involved in a “search for yield”.

Launch of OECD Business and Finance Outlook 2017 - Tuesday, 30 May, 11h.

6 days 8 hours ago
The OECD Business and Finance Outlook, the Organisation’s annual flagship publication providing data and analysis on business, finance and investment, will be released on Tuesday 30 May at 11.00 CEST (09.00 GMT).

Business brief: Insuring well-being in a changing world

1 week 3 days ago
Insurance is invisible yet it is everywhere. It is intimately linked to how people live their lives, grow their businesses, save and invest their incomes, anticipate what is essential to them and how they protect themselves against risk.

World Trade Organization - News

United States launches Safeguard investigation on crystalline silicon photovoltaic cells

4 days 8 hours ago
On 25 May 2017, the United States notified the WTO’s Committee on Safeguards that it initiated on 17 May 2017 a safeguard investigation on crystalline silicon photovoltaic cells.

Australia first to eliminate farm export subsidies from its WTO schedule of commitments

6 days 8 hours ago
Australia has become the first WTO member with export subsidies entitlements to eliminate them from its WTO schedule of commitments, in line with the landmark 2015 commitment by WTO members to eliminate farm export subsidies.

DG Azevêdo welcomes Japan’s leadership to strengthen global trade

1 week 7 hours ago
Director-General Roberto Azevêdo praised Japan’s leadership in the multilateral trading system during his visit to Tokyo on 22 May, where he discussed the WTO’s future work with Prime Minister Shinzo Abe, high-level government officials and private sector representatives.

DG Azevêdo briefs APEC trade ministers on preparations for MC11

1 week 8 hours ago
Speaking at an APEC (Asia-Pacific Economic Cooperation) trade ministers’ meeting in Hanoi, Viet Nam, on 20 May, Director-General Roberto Azevêdo reported on the state of play in WTO work and on preparations for the WTO’s 11th Ministerial Conference in Buenos Aires, in December this year.

APEC trade ministerial meeting, Hanoi, Viet Nam

1 week 8 hours ago

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

1 week 8 hours ago
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 22 May 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”.

JETRO event: “Current issues in global trade”, Tokyo

1 week 8 hours ago

Joint Statement between Japan and the World Trade Organization

1 week 8 hours ago
Three Cornerstones for the Promotion of Free Trade

Russia files WTO complaint against Ukraine over restrictions on trade and transit for goods and services

1 week 3 days ago
On 19 May, the Russian Federation notified the WTO Secretariat that it had requested WTO dispute consultations with Ukraine regarding alleged restrictions, prohibitions, requirements and procedures adopted and maintained by Ukraine in respect of trade in goods and services from Russia, as well as transit.

General Council advances preparations for MC11

1 week 3 days ago
At the reconvened General Council meeting on 18 May, WTO members agreed a number of steps in preparation for the 11th Ministerial Conference (MC11), to be held in Buenos Aires this December. The General Council formally elected Argentina’s Foreign Minister Susana Malcorra as Chair of MC11, agreed arrangements for the attendance of observers and heard an appeal for donations to a special trust fund to support the participation of least-developed countries in the Ministerial Conference. During the meeting the official logo for the Conference was also unveiled to members. The logo was developed as a joint endeavour between Argentina and the WTO Secretariat.

WTO opens online registration for 2017 Public Forum

1 week 4 days ago
Online registration for the 2017 Public Forum is now open. Entitled “Trade: Behind the Headlines”, the Forum will provide an opportunity for participants to go beyond the rhetoric and examine the opportunities trade can offer and the challenges it can bring. The Forum will be held at the WTO headquarters in Geneva from 26 to 28 September.

Viet Nam launches safeguard investigation on mineral or chemical fertilizers

1 week 5 days ago
On 17 May 2017, Viet Nam notified the WTO’s Committee on Safeguards that it initiated on 12 May 2017 a safeguard investigation on mineral or chemical fertilizers.

Committee on Trade Facilitation meets for first time

1 week 6 days ago
WTO members gathered on 16 May for the inaugural meeting of the Committee on Trade Facilitation, the body responsible for overseeing implementation of the WTO’s historic Trade Facilitation Agreement (TFA).

Trade Policy Review: Switzerland and Liechtenstein

1 week 6 days ago
The fifth review of the trade policies and practices of Switzerland and Liechtenstein takes place on 16 and 18 May 2017. The basis for the review is a report by the WTO Secretariat and a report by the Governments of Switzerland and Liechtenstein.

DG Azevêdo visits Beijing to discuss trade and infrastructure

2 weeks 8 hours ago
Joining a number of world leaders and heads of international organisations in Beijing on 14 May to discuss China’s ‘One Belt One Road’ initiative, Director-General Roberto Azevêdo stressed the need for continued investment in infrastructure to support development, and that this must be underpinned by effective ‘soft infrastructure’ in the shape of shared rules and regulations under the WTO. The ‘One Belt One Road’ summit was hosted by Xi Jinping, President of the People’s Republic of China. During his visit DG Azevêdo held bilateral meetings with China’s Vice Premier, Wang Yang, Minister of Commerce Zhong Shan and Vice-Minister Wang Shouwen.

’One Belt One Road’ Forum – High-level Dialogue, Beijing

2 weeks 8 hours ago

’One Belt One Road’ Forum: Trade Connectivity session, Beijing

2 weeks 8 hours ago

Latest trade indicator signals sustained momentum in second quarter

2 weeks 8 hours ago
The WTO’s latest World Trade Outlook Indicator (WTOI) suggests that global trade will continue to expand moderately in the second quarter of 2017. The latest reading of 102.2 is the highest since May 2011, but strength in the overall index is tempered by weakness in certain component indices.

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