Latest News

IMF calls on EU to deepen single market integration to boost growth
IMF calls on EU to deepen single market integration to boost growth
Economy
by  AFP

Deeper integration of the European Union's internal market could prove crucial for boosting lackluster economic growth and productivity levels in the 27-member trading bloc, a senior IMF official told AFP Friday. Beyond deepening regional integration, the IMF report suggested other ways to boost flagging productivity levels, including by increasing digitalization and enacting structural reforms.

Advanced economies pledge $11 bn to boost World Bank lending
Advanced economies pledge $11 bn to boost World Bank lending
Economy
by  AFP

A group of advanced economies have pledged $11 billion in new funding commitments to boost the World Bank's lending capacity by up to $70 billion over a decade, the development lender announced Friday. By leveraging the resources pledged, the bank should be able to provide up to $70 billion in new lending over a 10-year period.