The political transitions in the Arab world have created an opportunity for economic transformation. The political landscape is changing and new stakeholders have become active, while old vested interests standing in the way of reform may have been weakened. This setting provides a historic opportunity to rethink the economic reform […]

  We welcome the prospects for global economic growth to strengthen in 2014 but remain vigilant in the face of important global risks and vulnerabilities. We are determined to manage these risks and take actions to further strengthen the recovery, create jobs and improve medium?term growth prospects.   We commit […]

The World Bank said it supports Nigeria’s overhaul of its gross domestic product data that catapulted the economy ahead of South Africa’s as the biggest on the continent. The Washington-based lender, along with the International Monetary Fund and the African Development Bank, cooperated with Nigeria’s statistics agency in rebasing the […]