Washington, DC: The World Bank Group (WBG) and the International Monetary Fund (IMF) are deepening their cooperation through an enhanced framework to help countries scale up action to confront the ...

The Executive Board of the International Monetary Fund (IMF) approved today a 48-month extended arrangement under the Extended Fund Facility (EFF) for Ecuador, with access equivalent to SDR 3 billion ...

This technical assistance (TA) report presents the outcomes of the scoping mission of a new TA project aimed at building capacity in macroeconomic forecasting and policy analysis in the Finance ...

Spain champions the call to step up the impact of Special Drawing Rights (SDRs) through the International Monetary Fund (IMF) and the World Bank Group (WBG)’s enhanced framework for scaled-up climate ...

The European continent is warming at more than twice the global average. The human and economic costs of higher temperature and more frequent and extreme natural disasters—already substantial in ...

An International Monetary Fund (IMF) team led by Mr. Gavin Gray held discussions in Warsaw with Ukrainian officials, during May 27-31, 2024, on the Fourth Review of the country’s 4-year EFF ...

In August 2023, Gabon underwent a major political transition after a coup d’état had overthrown a decades-long regime. Despite multiple reform attempts, years of poorly managed oil wealth, weak ...

Mauritania requested capacity development from the Fiscal Affairs Department on carbon taxation, fossil fuel pricing and fiscal aspects of hydrogen development. This is a high-level summary of the ...

Meeting the continent’s emission reduction targets could enhance energy security metrics by 8 percent by 2030—and that would ...

Macao SAR’s growth is expected to remain strong in the near term despite the recent slowdown. Continued recovery of the gaming sector will shape Macao SAR’s near-term outlook. A stronger slump in the ...

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation discussions with the People’s Republic of China—Macao Special Administrative Region (SAR) and ...

China’s economy is projected to grow by 5 percent in 2024 and 4.5 percent in 2025. These reflect upward revisions of 0.4 percentage points for both years compared to the April WEO projections, driven ...