World Bank

Albania Economic Reforms on Track, IMF Says

IMF economist Nadeem Ilahi, who led a team from the IMF visiting Tirana from April 30 to May 13, on Tuesday said the country's fiscal performance was in line with programme targets in the first quarter of 2014.

“The authorities remain committed to further fiscal consolidation in 2015 in order to begin to reduce public debt as envisaged under their economic program,” Ilahi noted.

China Could Overtake the US as the World’s Leading Economy in 2014

A World Bank report suggests that China could take over from the US as the world’s biggest economy as early as this year.

The new report of the International Comparison Program of the World Bank suggests, that China’s economy is catching up to the US’s much more quickly than anticipated. 

Ashton Congratulates Serbia's New Leaders

Catherine Ashton, EU foreign policy chief, met Serbia's new Prime Minister and Foreign Minister, Aleksandar Vucic and Ivica Dacic, in Belgrade on Monday.

“I am absolutely delighted that I was able to make a special visit to Serbia today, to have the opportunity to congratulate you in person and to talk about the work that lies ahead,” she said.