News Feed

IFC Press Releases

IFC and Asia Green Capital Partners to Jointly Develop Wind Power in Indonesia

1 hour 7 min ago
Makassar, Indonesia, August 17, 2015—IFC, a member of the World Bank Group, and Asia Green Capital Partners Pte Ltd, a renewable-energy developer and investment company, have taken another step in co-developing the first wind-power project in Indonesia’s South Sulawesi province to help the cou

Record IFC Investment of Nearly $1 Billion Helps Mitigate Climate Change in Europe and Central Asia

1 hour 7 min ago
Istanbul, Turkey, August 26, 2015— IFC, a member of the World Bank Group, arranged close to one billion dollars’ worth of climate-smart investments in Europe and Central Asia in the latest fiscal year, cutting greenhouse gas emissions and increasing energy efficiency and renewable energy produ

IFC Helps Myanmar Oriental Bank Expand Financing for Smaller Businesses to Spur Economic Growth

1 hour 7 min ago
Yangon, Myanmar, August 19, 2015—IFC, a member of the World Bank Group, announced today that it will provide a $7 million convertible loan to Myanmar Oriental Bank Ltd. to help the lender expand financing for small and medium enterprises in urgent need of capital to grow their businesses and c

IFC Supports Rwandan Beverage Industry and Maize Farmers through Investment in Bralirwa

1 hour 7 min ago
Kigali, Rwanda, August 26, 2015 — IFC, a member of the World Bank Group, today announced a new financing transaction with Brasserie et Limonaderies du Rwanda to support plans for expanding production of soft drinks and sourcing of maize from local farmers. Known as Bralirwa, the subsidiary of

IFC Invests in Azerbaijan’s AccessBank to Boost Financing for Smaller Businesses

3 days 3 hours ago
Baku, Azerbaijan, August 17, 2015—IFC, a member of the World Bank Group, is providing a $25 million subordinated loan to AccessBank, one of Azerbaijan’s leading financial institutions, in order to spur lending to smaller businesses, helping drive job creation and economic development across th

IFC Invests in Infrastructure to Boost Renewable Energy Across the Middle East

3 days 13 hours ago
Cairo, Egypt, August 17, 2015—IFC, a member of the World Bank Group, has ramped up its investments in vital infrastructure projects in the Middle East and North Africa over the past year, with a focus on renewable energy to tap into new energy sources and help mitigate climate change. IFC

IFC Ramps up Investments in Pakistan to Spur Development and Economic Growth

1 week 3 days ago
Cairo, Egypt, August 13, 2015—IFC, a member of the World Bank Group has ramped up investments in Pakistan over the past year, with a focus on renewable energy to address the country’s power shortage, and loans to banks to boost financial inclusion, especially for small and medium enterprises (

IFC Backs Pakistan’s Nishat Textile to Cut Energy, Water Use

1 week 5 days ago
Lahore, Pakistan, August 12, 2015—IFC, a member of the World Bank Group, is helping Pakistan’s leading textile producer, Nishat Mills, reduce its environmental footprint and improve competitiveness by identifying opportunities for energy and water savings.   Pakistan's textile industry is

IFC Partners with Power Producer UNIT to Bolster Electricity Supplies

1 week 5 days ago
Istanbul, Turkey, August 11, 2015—IFC, a member of the World Bank Group, is partnering with a leading private power company, UNIT, in an effort to ramp up electricity generation in the Middle East and Southeastern Europe. IFC will subscribe to a 23 percent stake in UNIT subsidiary UNIT Inves

In Fiscal 2015, IFC Invests Record $1.8 Billion in Turkey

1 week 5 days ago
Istanbul, Turkey, August 7, 2015—IFC, a member of the World Bank Group, had a third consecutive record year in Turkey, investing $1.8 billion in projects to support sustainable energy and infrastructure development, improve municipal services, develop public-private partnerships (PPPs), promot

IMF News

Latin America: Finding Its Footing

21 hours 45 min ago
Finance and Development

Grenada: Statement at the End of a Staff Visit

2 days 41 min ago

IMF Survey: F&D Magazine Examines Latin America Beset by Slowing Growth

2 days 1 hour ago

Ukraine: Statement by IMF Managing Director Christine Lagarde

2 days 4 hours ago

Podcast: Most Unequal on Earth

2 days 5 hours ago

Press Release: IMF Managing Director Christine Lagarde to Visit Indonesia

3 days 2 hours ago

Tunisia: IMF Mission Concludes the 2015 Article IV Discussions and Announces Staff-Level Agreement on the Sixth Review under the Stand-By Arrangement

3 days 5 hours ago

Capital Inflows, Credit Growth, and Financial Systems

4 days 2 hours ago
Working Paper No. 15/193

Angola: IMF Staff Completes 2015 Article IV Mission

4 days 2 hours ago

IMF Policy Paper: SDR Currency Basket—Proposed Extension of the Valuation of the SDR

4 days 4 hours ago

IMF Financial Activities -- Update August 20, 2015 August 20, 2015

4 days 6 hours ago

IMF Staff Concludes Review Mission to Jamaica

1 week 1 day ago

Press Release: IMF and USAID Strengthen Cooperation on Capacity Development

1 week 1 day ago

IMF/USAID Memorandum of Understanding Signing Ceremony, Remarks by Carla Grasso, Deputy Managing Director, IMF

1 week 1 day ago

Hungary: Technical Assistance Report — Operational Aspects of Establishing an Asset Management Company

1 week 1 day ago
Country Report

Podcast: Painting a Better Picture of Poverty

1 week 1 day ago

Panama: Selected Issues

1 week 3 days ago
Country Report No. 15/238

Panama: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Panama

1 week 3 days ago
Country Report No. 15/237

Press Release: IMF Executive Board Approves Extension of Current SDR Currency Basket Until September 30, 2016

1 week 3 days ago

Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council

1 week 3 days ago
Working Paper No. 15/191

Iraq: 2015 Article IV Consultation and Request for Purchase Under the Rapid Financing Instrument - Press Release; Staff Report; and Statement by the Executive Director for Iraq

1 week 3 days ago
Country Report No. 15/235

Iraq: Selected Issues

1 week 3 days ago
Country Report No. 15/236

IMF Executive Board Concludes 2015 Article IV Consultation with Iraq

1 week 3 days ago

Saudi Arabia: IMF Executive Board Concludes 2015 Article IV Consultation

1 week 5 days ago

IMF Financial Activities -- Update August 13, 2015

1 week 5 days ago

OECD News - Corruption

Creating Cultures of Integrity, OECD Insights blog

2 weeks 5 days ago
There are concrete steps that can be taken in achieving a culture of integrity. To achieve this, we work with countries to adopt a whole-of-society approach. That means all stakeholders, public, private and civil society, must work together to make it happen.

OECD News - Development

Increasing tax revenues is crucial to development in emerging Asian economies

1 week 3 days ago
Increasing tax revenues and ensuring sustainable domestic resource mobilisation will be critical as emerging Asian economies seek to boost the provision of public goods and services and improve economic growth and living standards.

OECD News - Economy

Making New Zealand’s economic growth more inclusive

1 day 5 hours ago
New Zealand generally performs well in terms of economic and social inclusion. It has high employment rates, and education and health-care systems work well for most. However, some New Zealanders are stuck on low incomes and face material deprivation and multiple barriers to economic and social participation.

GDP Growth - Second Quarter 2015, Quarterly National Accounts, OECD

3 days 4 hours ago
OECD GDP grows by 0.4% in the second quarter of 2015

Policy areas for increasing productivity in Latvia

1 week 1 day ago
Much of the convergence of the Latvian economy needs to come from productivity increases. To achieve this, policy makers should do more to facilitate the integration of the economy into global trade and promote competitive business environment.

Improving public sector efficiency for more inclusive growth in Latvia

1 week 1 day ago
This working paper explores avenues to improve public sector efficiency in Latvia, a catching-up and ageing economy where spending needs are large.

OECD News - Finance

OECD/Euromoney Long-term Investment Financing Conference

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2015 OECD/Euromoney Long-term Investment Financing Conference: The conference will provide a unique opportunity for participants to discuss the OECD’s work on institutional investors and long-term financing with senior policymakers and regulators, and to facilitate investment by institutional investors, addressing both potential regulatory obstacles and market failures.

OECD/Euromoney Conference on long-term investment financing

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Paris, 19-20 November 2015: Bringing together senior executives representing the world’s largest institutional investors, senior policy makers and regulators, discussions will focus on issues affecting long-term investment, including: asset allocation concepts; regulation; governance; energy and natural resources; and, brownfield and greenfield infrastructure.

Survey on measuring financial literacy and financial inclusion in 2015

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Part of an exercise to measure the financial knowledge, attitudes and behaviour of adults, as well as levels of financial inclusion and indicators of financial well-being across a wide range of countries, the OECD is inviting countries to participate in an international survey. Deadline for submission: 30 September 2015.

Malaysia-OECD High-level Global Symposium on financial well-being

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Kuala Lumpur, Malaysia: This Symposium will address cutting-edge issues to further integrate financial education and financial consumer protection policies with a view to enhancing financial well-being and to address the challenges and identify solutions in delivering effective financial education.

Institutional investors and long-term investment

1 week 1 day ago
Long-term capital is in short supply and has become increasingly so since the 2008 financial crisis. This has profound implications for growth and financial stability. The OECD is exploring these issues in depth.

World Trade Organization - News

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

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The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 31 August 2015, 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 welcomes progress in Honduras on acceptance of Trade Facilitation Agreement

3 days 3 hours ago
WTO Director-General Roberto Azevêdo 26 August welcomed the commitment by Honduras to move ahead on acceptance of the new Trade Facilitation Agreement (TFA), citing its importance for regional integration in Central America. During his visit to Tegucigalpa, the Government of Honduras sent the TFA to the country’s National Congress for formal review and ratification. The announcement was made by the Minister-Coordinator of the Goverment, Jorge Ramón Hernández Alcerro.

DG Azevêdo: “Let’s make Nairobi a success”

4 days 3 hours ago
In his speech in Costa Rica during his current official visit to Central America, WTO Director General, Roberto Azevêdo, talked about the importance of the early ratification of the Trade Facilitation Agreement and the recent expansion of the Information Technology Agreement as a good inspiration for a successful Nairobi Ministerial Conference in December

Ninety sessions to be held at 2015 Public Forum

1 week 2 days ago
A total of 90 sessions will be held at the 2015 WTO Public Forum from 30 September to 2 October at the WTO’s headquarters in Geneva. Entitled “Trade Works”, the Forum will focus on how and why trade works, and for whom. The sessions will be organized by a wide range of participants, including WTO members, businesses, non-governmental organizations, academia, law firms and international organizations.

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.