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IMF concludes Article IV consultation with Chad amidst economic challenges
By Globe Banner | Dec 9, 2024
The International Monetary Fund (IMF) Executive Board has concluded its 2024 Article IV consultation with Chad, as announced on December 9, 2024.
IMF concludes visit discussing Libya's economic outlook
By Globe Banner | Dec 9, 2024
A team from the International Monetary Fund (IMF), led by Dmitry Gershenson, visited Tunis, Tunisia, from December 2 to 6.
Trade's impact on global nutrition emphasized at annual agriculture symposium
By Globe Banner | Dec 9, 2024
Noting the intricate relationship between food and nutrition issues, DDG Paugam began the symposium by stating that having enough food is as important as having good-quality food.
IMF reaches agreement on first review of Ecuador's extended fund facility
By Globe Banner | Dec 9, 2024
IMF staff and Ecuadorian authorities have reached a staff-level agreement on the first review of Ecuador's Extended Fund Facility (EFF) arrangement.
IMF approves new policy coordination instrument for Serbia following stand-by arrangement
By Globe Banner | Dec 9, 2024
The International Monetary Fund (IMF) Executive Board has approved a 36-month Policy Coordination Instrument (PCI) for the Republic of Serbia.
IMF approves $12 million disbursement for Seychelles amid economic challenges
By Globe Banner | Dec 9, 2024
The International Monetary Fund (IMF) Executive Board has completed the third reviews of Seychelles' economic performance under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) arrangements.
World Bank highlights role of services in East Asia's economic growth
By Globe Banner | Dec 9, 2024
In a recent report, the World Bank has highlighted the growing importance of services in driving economic growth in the East Asia and Pacific region.
Kosovo aligns with EU goals despite not joining global climate agreements
By Globe Banner | Dec 9, 2024
Kosovo is aligning its energy and climate policies with European Union standards, despite not being a party to the United Nations Framework Convention on Climate Change or the Paris Agreement.
Skills shortage impacts German industry less but remains high
By Globe Banner | Dec 9, 2024
At the beginning of the fourth quarter, nearly 32% of businesses in Germany reported being affected by skills shortages.
World Bank addresses gender-based violence challenges in Western Balkans
By Globe Banner | Dec 9, 2024
The World Bank has highlighted the urgent need to address gender-based violence in the Western Balkans, a region where this issue significantly impacts education, employment, and leadership opportunities for women.
United States grants $845 million aid package to Jordan
By Globe Banner | Dec 9, 2024
Prime Minister Dr. Jafar Hassan and U.S. Ambassador to Jordan Yael Lempert attended the signing of an $845.1 million grant from the United States to Jordan on December 9, marking another milestone in their strategic partnership.
World Bank report suggests investment boost for Kosovo's climate resilience
By Globe Banner | Dec 9, 2024
Investing in climate resilience and transitioning from fossil fuels to renewable energy could significantly benefit Kosovo's economy and protect its citizens from natural hazards, according to a new report by the World Bank Group.
RBC forecasts complex equities landscape amid potential Fed policy shifts
By Globe Banner | Dec 6, 2024
The global equity markets have experienced a rally over the past two years, and RBC Wealth Management suggests that this trend may continue into 2025.
FSB Sub-Saharan Africa Group addresses fraud prevention amid rising scams
By Globe Banner | Dec 6, 2024
The Financial Stability Board (FSB) Regional Consultative Group for Sub-Saharan Africa convened on December 6 in Cape Town, hosted by the South African Reserve Bank.
World Bank approves $30 million aid for The Gambia's economic reforms
By Globe Banner | Dec 6, 2024
The World Bank Group has approved $30 million in financing from the International Development Association (IDA) to assist The Gambia in enhancing its productivity and economic governance.
WTO concludes advanced trade policy course in Geneva
By Globe Banner | Dec 6, 2024
An advanced trade policy course organized by the World Trade Organization (WTO) concluded in Geneva after an intensive eight-week program.
IMF board discusses strategy to enhance fund communication
By Globe Banner | Dec 6, 2024
On November 22, 2024, the Executive Board of the International Monetary Fund (IMF) convened to discuss a paper reviewing the IMF's Communication Strategy.
EU-Mercosur political agreement hailed as significant step forward
By Globe Banner | Dec 6, 2024
After years of challenging negotiations, the European Union and Mercosur have reached a political agreement.
World Bank's Anna Bjerde outlines goals at IDA21 replenishment meeting
By Globe Banner | Dec 6, 2024
Seoul, Korea - December 5, 2024 At the conclusion of the IDA21 replenishment process, Anna Bjerde, World Bank Managing Director of Operations, addressed the meeting by expressing gratitude for the participants' dedication to aiding the world's...
IDA secures $23.7 billion for development projects amid global challenges
By Globe Banner | Dec 6, 2024
The International Development Association (IDA) has announced a significant achievement with the successful completion of its 21st replenishment, securing $23.7 billion in donor contributions.