Santo Domingo, Dominican Republic – July 24, 2024: A track record of sound policies and institutional policy frameworks has helped the Dominican Republic achieve robust and resilient economic growth and low inflation over the last two decades. Effective policies contributed to a growth moderation that appropriately supported inflation’s rapid and sustained return to its target last year.
The heads of the five largest national promotional banks in Europe met at the European Investment Bank’s headquarters in Luxembourg to discuss ongoing areas of collaboration and ways to deepen their partnership.
EIB Global, the arm of the European Investment Bank (EIB) devoted to activities outside the European Union, is providing a €73 million loan to Fiat Chrysler Automobiles (FCA) Serbia, part of the Stellantis Group, to modernise, equip and adapt its car manufacturing facility in Kragujevac to produce a new electric vehicle platform. The project aims to support the green transformation of the European automotive industry, increase competitiveness, and enable the transfer of technology and expertise. As one of the largest EU foreign direct investments in the Western Balkans, the funds are also expected to attract additional private capital to the region.
Country Report No. 2024/221
Albania: 2024 Staff Visit Press Release
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Iceland and endorsed the staff appraisal without a meeting on a lapse-of-time basis.
Country Report No. 2024/228
The Global Economy in a Sticky Spot
Washington, DC – July 16, 2024: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Canada.
