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News from 2024


Macquarie partners with Dow on Gulf Coast infrastructure venture

Macquarie Asset Management has announced a new partnership with Dow to form Diamond Infrastructure Solutions.


Croatia's Subnational B-READY report reveals local business climate insights

The Subnational Business Ready (Subnational B-READY) report for Croatia 2024 was presented in Zagreb, offering a detailed analysis of local business climates.


WTO explores digital trade opportunities for developing economies

The World Trade Organization (WTO) recently hosted a workshop to explore opportunities in digital trade for developing economies.


World Bank supports Ukraine's healthcare with $454 million THRIVE project

The World Bank has announced a $454 million support package for Ukraine's health sector through the Transforming Healthcare through Reform and Investments in Efficiency (THRIVE) project.


Report emphasizes growing impact of services sector in East Asia

The recent report "Services Unbound: Digital Technologies and Policy Reform in East Asia and the Pacific" sheds light on the evolving role of services in the region's economic landscape.


IMF concludes Article IV consultation with Chad amidst economic challenges

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.