Directors underscored that accelerated structural reforms and broader trade relations can help promote a diversified export mix. They also urged the authorities to strengthen property rights, advance privatization, improve governance, and invest in innovation and infrastructure to build the foundations for higher potential growth.
Directors observed that the financial sector has remained sound despite the severe stresses. To make the system more robust, they encouraged actions to further strengthen financial safety nets through enhanced monitoring and an improved crisis management framework. Directors underscored the need for continued vigilance and close monitoring of the health of the corporate sector and its impact on the banking system.
The approval by the IMF Executive Board of the First Review of the program shows the IMF’s strong support for Egypt in these efforts.
From 2012 through the end of 2015, debt was a significant source of capital for the producers included in the analysis, with the addition of a cumulative $55.3 billion in net debt. Since the beginning of 2016, however, these producers have reduced debt by $1.4 billion. The combination of higher equity and lower debt has resulted in the long-term debt-to-equity ratio, a measure of financial leverage, declining from 88% to 80% for the group of companies as a whole between the first quarter of 2016 and the first quarter of 2017.
Total energy investment worldwide in 2016 was just over $1.7 trillion, accounting for 2.2% of global GDP. Investment was down by 12% compared to IEA’s revised 2015 energy investment estimate of $1.9 trillion.
Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2017 , according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2016, real GDP increased 2.1 percent.
All in all, in our judgement, the U.S. economic model is not working as well as it could in generating broadly shared income growth.
«Роснефть» намерена развивать сотрудничество с китайскими партнерами в добыче и переработке, транспортировке и хранении энергоресурсов, торговле нефтью и нефтепродуктами, а также в финансовой сфере».
In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 1 to 1-1/4 percent. The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation.
Александр Новак отметил, что в поступательное развитие газовой генерации в немалой степени способствует снижению эмиссии парниковых газов: «На сегодняшний день в России почти 85% произведенной электроэнергии приходится на безуглеродные или низкоуглеродные источники, а к 2035 году этот показатель будет уже почти 90%».