Across low- and middle-income countries, deficits in nutrition, education, and employment are eroding human potential, costing them more than half their future lifetime earnings. Half of women remain outside the workforce. …
NNW Bureau
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Economy & Development
The Royal Government of Bhutan and the World Bank Sign Financing Agreements for the Dorjilung Hydroelectric Power Project
by NNW Bureauby NNW BureauTHIMPHU, May 5, 2026 — The Royal Government of Bhutan and the World Bank today signed financing agreements totaling $515 million for the 1,125 MW Dorjilung Hydroelectric Power Project, which will account for …
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Economy & Development
Rice and Beans for Brazil’s States: How Pairing Fiscal Discipline with Sectoral Actions is Transforming Lives Across the Country
by NNW Bureauby NNW BureauDevelopment Challenge For decades, Brazilian states and local governments faced challenges investing in jobs, infrastructure, and environmental management. Strict requirements for spending on pensions, public salaries, and debt repayment left …
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Economy & Development
IMF Reaches Staff-Level Agreement on the Eleventh Review under the Extended Credit Facility Arrangement for Guinea-Bissau
by NNW Bureauby NNW BureauWashington, D.C.: A team from the International Monetary Fund (IMF), led by Niko Hobdari, mission chief for Guinea-Bissau, held discussions in Bissau from April 21–29, 2026, on macroeconomic policies for the …
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Economy & Development
IMF Executive Board Concludes 2026 Article IV Consultation with The Federated States of Micronesia
by NNW Bureauby NNW BureauWashington, DC: On April 27, 2026, the Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for The Federated States of Micronesia.[1], [2] The FSM is progressing to …
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Economy & Development
Portugal: Staff Concluding Statement of the 2026 Article IV Mission
by NNW Bureauby NNW BureauPortugal’s economy continued to register a strong performance in 2025: growth was higher than the euro area average, the fiscal balance was again in surplus, public debt continued its impressive …
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Economy & Development
IMF Staff Completes the 2026 Article IV and Programs Review Mission to the Democratic Republic of Congo
by NNW Bureauby NNW BureauWashington, DC: An International Monetary Fund (IMF) team led by Calixte Ahokpossi visited Kinshasa from April 23 to May 6, to hold discussions for the 2026 Article IV consultation, the third …
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Economy & Development
Luxembourg: Staff Concluding Statement of the 2026 Article IV Mission
by NNW Bureauby NNW BureauRecent developments Luxembourg’s economy has yet to regain its past dynamism amid challenging external environment. Growth has fallen behind euro area average since 2022, with output below its long-term trend. Public …
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Economy & Development
IMF Staff Reaches Staff-Level Agreement on the Third Review under the Policy Coordination Instrument with Serbia
by NNW Bureauby NNW BureauBelgrade, Serbia: An International Monetary Fund (IMF) mission, led by Ms. Annette Kyobe, visited Belgrade during April 22–May 5, 2026, to conduct discussions on the Third Review under the Policy Coordination …
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Economy & Development
IMF Executive Board Approves Extension of the Extended Credit Facility Arrangement with Nepal
by NNW Bureauby NNW BureauWashington, DC: The Executive Board of the International Monetary Fund (IMF) today approved the Nepali authorities’ request for a two-month extension of the Extended Credit Facility (ECF) arrangement until July …