International Monetary Fund

The pandemic continues to spread in Latin America and the Caribbean, but economic activity is picking up. After a deep contraction in April, activity started recovering in May, as lockdowns were gradually eased, consumers and firms adapted to social distancing, some countries introduced sizable policy support, and global activity strengthened.

The rapid increases in world food prices since 2005 have raised widespread concerns about their possible impact on poverty, hunger, and general progress toward the Millennium Development Goals. This year's report summarizes the short- and long-term impact of food prices on several MDGs, explores future trends, and review policy responses, from domestic policies such as social safety nets, nutritional programs and agricultural policies, to regional trade policies to support by the international community. This year's theme is used as a filter to examine progress toward the MDGs--especially for women, children, and countries in fragile situations. The Global Monitoring Report is prepared jointly by the World Bank and International Monetary Fund.

Combating Money Laundering and the Financing of Terrorism has been developed by the Financial Market Integrity Unit of the World Bank to support the World Bank's Capacity Enhancement Program on Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT). The guide is comprised of the following eight Modules: Effects on Economic Development and International Standards; Legal Requirements to meet International Standards; Regulatory and Institutional Requirements; Compliance Requirements for Financial Institutions; Building an Effective Financial Intelligence Unit; Domestic (inter-agency) and International Cooperation; Combating the Financing of Terrorism; and, Investigating Money Laundering and Terrorist Financing. The program offers countries the tools, skills and knowledge to build and strengthen their institutional, and regulatory frameworks for developing a robust AML/CFT regime.