Economy

Thailand’s economy expected to grow 2.5 percent in 2016

Mridha Shihab Mahmud - Jun 29, 2016

News Hour: Thailand’s economy is expected to grow by 2.5 percent in 2016, after growing 2.8 percent last year. While the global economy has been weakening and exports have been slowing, strong fundamentals and ample fiscal...
China provides initial $50 million start-up contribution to establish AIIB’s project preparation special fund

Mridha Shihab Mahmud - Jun 27, 2016

News Hour: AIIB President Jin Liqun and Chinese Vice Minister of Finance Shi Yaobin signed a Contribution Agreement today in Beijing on China’s $50 million contribution to the newly established AIIB Project Preparation Special Fund (the...
Optimism is high for Uganda to diversify economy and growth in an era of oil and volatility

Mridha Shihab Mahmud - Jun 26, 2016

News Hour: Uganda will begin pumping its first commercial oil in 2018, which could be a major source of socio-economic transformation if revenues are well invested to diversify the country’s economy. The new Country Economic Memorandum...
IMF staff concludes visit to Mozambique

Mridha Shihab Mahmud - Jun 25, 2016

News Hour: A staff team headed by Michel Lazare visited Mozambique from June 16-24 to assess recent economic developments and help design corrective measures needed to prevent a further deterioration in economic performance. The mission also...
World Bank supports kosovo’s digital economy program

Mridha Shihab Mahmud - Jun 24, 2016

News Hour: The World Bank and the Ministry of Economic Development of Kosovo organized a joint two-day event National Conference on Kosovo Digital Economy (KODE) Program on June 21-22, 2016. It convened several ministries, telecommunications and...
EU finance ministers unwilling to address tax avoidance

Mridha Shihab Mahmud - Jun 22, 2016

News Hour: EU governments are unwilling to tackle large-scale tax avoidance of multinational companies, Oxfam says in reaction to today’s formal approval of a new directive which which had been discussed by EU finance ministers on...
Lack of action on non-communicable diseases damaging Pacific economies

Mridha Shihab Mahmud - Jun 21, 2016

News Hour: A new World Bank report has put the spotlight on the economic threat non-communicable diseases (NCDs) pose to the Pacific Islands, with heart disease, cancer, diabetes and chronic respiratory disease emerging as the top...
World Bank signs $130 million loan with Bangladesh for developing Economic Zones

Mridha Shihab Mahmud - Jun 20, 2016

News Hour: The government of Bangladesh signed a $130 million additional financing agreement with the World Bank to scale up support for the recently licensed and new economic zones to attract foreign and domestic investment as...
Armenia hosts experts on quality financial reporting

Mridha Shihab Mahmud - Jun 16, 2016

News Hour: More than 40 experts and practitioners from government agencies and universities from Belarus, Georgia, Moldova, Ukraine and Armenia will participate in a regional workshop focusing on accounting education reform on June 15-16 in Yerevan....