World Bank

Financial sector reforms are crucial for sustained growth in Croatia and region

Financial sector development must go beyond improving access to bank credit and financial systems should develop in a balanced way through both bank and nonbank subsectors, including capital...

Croatia ranks 49th in ease of paying taxes

Croatia ranks 49th on the list of 189 countries covered by an in-depth analysis of tax systems conducted by PwC and the World Bank Group, and Croatia's total tax rate stands at 20.9% with 206...

EU's Georgieva returns to World Bank after missing out on top UN post

European Commission Vice President Kristalina Georgieva, who missed out earlier this month on the top job at the United Nations, is leaving her Brussels post to rejoin the World Bank group, she...

World Bank: Energy prices to rise by nearly 25 per cent next year

Global energy prices are forecast to rise by nearly 25 per cent next year, the World Bank said Thursday.

FinMin says IMF, WB satisfied with stable gov't as prerequisite for reforms

Caretaker Finance Minister Zdravko Maric held talks with World Bank and International Monetary Fund representatives in Washington on Saturday, saying that they viewed positively the fact that...

Maric to lead Croatian delegation to WB and IMF annual meeting

Finance Minister Zdravko Maric will lead a Croatian delegation to the annual meeting of the World Bank (WB) and the International Monetary Fund (IMF) taking place in Washington on October 6-9, the...

WB expects new gov't to launch reforms at start of term

The World Bank (WB) has revised upward its growth projection for Croatia for 2016 to 2.4% from 1.9% and maintained its forecast for 2017 at 2.0%, recommending that the future government launch...

World Bank upgrades growth projections for Croatia

This year the Croatian economy is projected to increase 1.9%, half a percentage point more than what the World Bank forecast in January. The forecast for 2015 was increased by 0.6 pp to 1.6%.

World Bank slashes 2016 global growth forecast to 2.4 per cent

The World Bank is sharply lowering its 2016 forecast for the global economy, citing slow growth in rich countries, low commodity prices and weakness in global trade and investment.

World Bank vice president for Europe, central Asia completes Croatia visit

The World Bank officials also held meetings at the President’s and the Prime Minister’s offices and with the diplomatic community, "to discuss Croatia's reform agenda and reconfirm the World Bank...

World Bank: Palestinian economy hurt by financial deals with Israel

Revenue-sharing arrangements reached nearly 20 years ago between Israel and the Palestinian Authority are either "outdated" or have not been implemented, the World Bank warned on Monday, noting...

FinMin says Washington talks constructive

The Croatian delegation, consisting of representatives of the Finance Ministry and the central bank, is attending the World Bank and International Monetary Fund Spring Meetings in Washington on...

World Bank: Pledges to help Syrian refugees top 1.6 billion dollars

Eight countries and the European Commission are pledging more than 1.6 billion dollars toward financing for a World Bank-led initiative to support Syrian refugees and region-wide recovery.

Croatian PM meets with new World Bank director for EU

Prime Minister Tihomir Oreskovic met in Zagreb on Monday with the new World Bank regional director for the European Union, Arup Banerji, the government's press service said in a statement.

World Bank: Zika economic impact could be 3.5 billion dollars

The economic impact of the fast-spreading Zika virus in Latin America and the Caribbean is likely to reach 3.5 billion dollars this year, but could climb if the mosquito-borne illness is not...