Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Goldman Sachs European Financials Conference 2026Zurich, 3 June 2026Thank you for inviting me to speak today.Europe is facing a set of unprecedented challenges.The geopolitical environment is becoming increasingly fragmented...
WASHINGTON, June 3, 2026 – The World Bank Group’s Board of Directors discussed a new Country Partnership Framework (CPF) for the Republic of Tajikistan for fiscal years 2026–2032. The new framework supports Tajikistan’s efforts to accelerate economic transformation, strengthen resilience, and improve living standards through private sector-led growth l...
ForewordThe international role of the euro grew moderately in 2025, with its share across various indicators of global currency use reaching around 20%. Viewed from a longer-term perspective, the role of the euro has grown gradually but steadily. Since the escalation of geopolitical tensions triggered by Russia’s invasion of Crimea in 2014, the euro’s sh...
Tokyo, Japan, 29 May 2026 – Today, the Ministry of Agriculture, Forestry and Fisheries of Japan (MAFF) and the United Nations Industrial Development Organization (UNIDO) signed a Joint Declaration to strengthen cooperation in promoting productive, resilient and sustainable agro and food value chains in developing countries and emerging economies.During th...
(Nairobi/Geneva) – The International Trade Centre (ITC) and Equity Group Holdings PLC signed a memorandum of understanding to drive inclusive, commercially viable economic development across East Africa, starting with Kenya. The agreement targets three high-potential sectors: coffee, leather and creative industries, with an explicit mandate to scale.The d...
A sustained oil price surge could add more than $20 billion a year to the oil import bill of vulnerable economies that depend on imported fuel.Nearly 1 billion people live in countries highly exposed to rising fuel costs.Least developed countries and small island developing states are greatly exposed to the oil shock.The third edition of a new UNCTAD monit...
1. The Senior Economic Officials Meeting (SEOM) of ASEAN successfully resolved all outstanding issues in the negotiations of the ASEAN Digital Economy Framework Agreement (DEFA) during its Second Meeting of the 57th ASEAN SEOM, held in Manila, Philippines on 27-29 May 2026. This marks the successful conclusion of the negotiations on ASEAN...
Annual growth rate of broad monetary aggregate M3 decreased to 2.7% in April 2026 from 3.2% in MarchAnnual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 3.8% in April from 4.7% in March (revised from 4.6%)Annual growth rate of adjusted loans to households stood at 3.0% in April, uncha...
Compared with March 2026:median consumer perceptions of inflation over the past 12 months increased significantly, while median inflation expectations for three years ahead decreased slightly; median expectations for inflation for the next 12 months and for five years ahead remained unchanged;expectations for nominal income growth over the next 12 months d...
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subje...
