The euro area economy confronts new headwinds from the war in the Middle East and the resulting energy price increase. Against a more fragmented global backdrop, these challenges are layered on …
GDP
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Economy & Development
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Economy & Development
IMF Executive Board Concludes 2026 Article IV Consultation with Namibia
by NNW Bureauby NNW BureauWashington, DC: The Executive Board of the International Monetary Fund (IMF) completed the 2026 Article IV Consultation with Namibia[1]. Economic growth slowed to 1.7 percent in 2025, reflecting deep and prolonged …
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Economy & Development
Republic of Estonia: Staff Concluding Statement of the 2026 Article IV Mission
by NNW Bureauby NNW BureauTallinn, Estonia. An International Monetary Fund (IMF) mission, led by Vincenzo Guzzo and comprising David Bartolini, Bingjie Hu, and Hugo Rojas-Romagosa, met with the Estonian authorities during May 27-June 9 to …
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The world economy—and Europe with it—is hit once more by a shock: this time, the events unfolding in the Middle East. Before Hormuz closed, Europe’s growth outlook was improving and …
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Economy & Development
IMF Executive Board Concludes 2026 Article IV Consultation with Nigeria
by NNW Bureauby NNW BureauWashington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Nigeria on June 1, 2026. Strong reforms over the past three years have yielded improved …
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Economy & Development
Navigating the Shock in a Fiscally Responsible Way
by NNW Bureauby NNW BureauGood morning, everyone. It is a great pleasure to welcome you to the Tokyo Fiscal Forum. This is the 11th Forum, and as always, let me begin by thanking our …
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The Ocean Is the Economy Stand on any beach in Grenada, Saint Lucia, or Saint Vincent and the Grenadines, and the ocean is everything. It is the view that fills …
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Economy & Development
World Bank Provides Additional Support to Help Marshall Islands Respond to Energy Crisis
by NNW Bureauby NNW BureauMAJURO, June 9, 2026 — The World Bank has approved an additional US$9 million in financing to help the Republic of the Marshall Islands respond to sharply higher energy costs that …
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Economy & Development
Strong Policy Action Key to Protecting Cambodia’s Jobs and Livelihoods Amid Shocks
by NNW Bureauby NNW BureauPHNOM PENH, June 9, 2026 — While rising fuel costs are pressuring Cambodian businesses and households, the World Bank’s latest economic update shows the economy is proving resilient, supported by surging …
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Economy & Development
IMF Executive Board Concludes 2026 Article IV Consultation with Republic of North Macedonia
by NNW Bureauby NNW BureauWashington, DC: The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for North Macedonia on May 29, 2026.[1] The authorities have consented to the publication of the …