World Bank
Libra’s Disparte on big tech’s move into digital currency
Libra Association vice-chair Dante Disparte speaks about the decision to abandon a multi-currency reserve, stress-testing a global payment network and how the Facebook-backed body still has 3 billion customers in its sights
Global carbon taxes are coming: central banks must prepare
The next financial crisis could be a green one. Are central banks doing enough to prepare?
The Belt and Road Initiative 2020 Survey – A more sustainable road to growth?
The third annual Belt and Road Initiative (BRI) survey reveals that central banks view BRI investment as sustainable compared with other forms of external debt, particularly given it is often proportionally less significant. Despite growing global trade…
G20 agrees debt relief for poorest nations
IMF and World Bank welcome “powerful, fast-acting initiative”
Regulators must enforce stronger payment data protection – CPMI
Payment oversight needs to be updated to accommodate fintech firms and protect consumers
World Bank says sub-Saharan Africa destined for first recession in 25 years
Growth could fall as low as -5.1% as largest economies struggle with Covid-19 repercussions
The long march to global growth
Liang Tao, vice-chairman of the China Banking and Insurance Regulatory Commission, says that China’s growth is fuelling innovation and modernisation, but financial regulation and governance needs to be tightened up for China to take its place at the top…
East Asian economies face ‘profound’ impact from Covid-19 – World Bank
Report estimates growth could turn negative for the region in “lower-case” scenario
Georgieva calls for radical policies as IMF faces unprecedented demand
IMF head says rich countries must increase financing as nearly 80 countries request $50 billion in aid
IMF-World Bank spring meetings to go virtual
Institutions opt not to bring thousands of delegates to Washington, DC, but key meetings and document releases will go ahead
People: Bank of Israel appoints monetary committee member
Michel Strawczynski joins Bank of Israel six-member body; World Bank has a new managing director of development policy and partnerships; South African Mint appoints new managing director
Payments and market infrastructure development: European Central Bank
The ECB has created a framework to help payments and market infrastructure firms bolster cyber defence that is being disseminated on a global scale
South Sudan’s president fires third central bank governor in three years
Country faces civil war and economic crisis, but IMF believes economy may start to grow this year
Violence in Myanmar could hamper growth – World Bank
Investor confidence is being damaged by sustained conflict, despite robust growth
People: French official becomes ECB’s market operations director
RBNZ replaces assistant governor role in main office with Auckland post; World Bank’s investment arm gets new managing executive officer
Kristalina Georgieva confirmed as IMF managing director
World bank chief exec says boosting fund’s financial strength and tackling crisis risk are priorities
Georgieva emerges as sole contender for IMF top job
Bulgarian national set for managing director role as no challenger comes forward
Uribe details aggressive Flar expansion plans
The Latin American fund chief, José Darío Uribe, speaks about: Flar’s efforts to support macroeconomic and financial stability; exposure to Venezuela; and more
IMF executives vote to clear way for Georgieva
Removing age limit would open path to IMF top job for current World Bank chief executive
World Bank official says blockchain could cut settlement times
Official says first blockchain bond shows the technology's potential
‘Night-time luminosity’ can shed light on growth – RBI paper
Satellite data is useful as a high-frequency indicator of economic activity, authors find
National Bank of Ukraine continues to focus on CBDC
‘E-hryvnia’ pilot project was completed in February
IMF and World Bank develop system to support debt management
System provides methodology and analytical tools for countries in the process of adopting these techniques
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers