Finance & Economics

FOWPAL’s President Dr. Hong, Tao-Tze Speaks at Eurasian Economic Summit

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The 26th Eurasian Economic Summit in Istanbul brought together heads of state and other leaders from various fields to discuss...

Argentina's Inflation Rate Exceeds 100% Mark

Argentina’s annual inflation rate breached the 100% mark for the first time since 1991.

The government’s statistics agency said Tuesday the yearly inflation rate for February rose to 102.5%, making it one of the highest in the world. The agency...

UK Finance Minister to Unveil Budget as Workers Strike for Higher Pay

Britain’s finance minister lays out his budget plan Wednesday while workers in a range of sectors strike to call attention to disparities in wage gains and inflation.

Action on jobs, skills and regional disparities vital for the green transition, says OECD


Unemployment Rates, OECD - Updated: March 2023

The OECD unemployment rate remained at 4.9% in January 2023, the seventh consecutive month at this record low since the start of the series in 2001. The unemployment rate was stable in 12 of 38 OECD countries, but close to its record low in only 7...

World Bank Board Approves Action Plan Following Inspection Panel Investigation of the India Rural Water Supply and Sanitation Project for Low Income States

The World Bank’s Board of Executive Directors on March 2 approved a Management Action Plan, which responds to an independent Inspection Panel investigation of the India Rural Water Supply and Sanitation Project for Low Income States (the Project).

Strengthening Care Policies in the Mashreq is Critical to Improve Women’s Labor Market Outcomes

The burden of unpaid care work falls disproportionately on the shoulders of women in the Mashreq. Short of appropriate support mechanisms within their households or from the state, women in Iraq, Jordan and Lebanon often find themselves having to...

On World Day of Social Justice, deeper dialogue across ‘real economy’ can drive progress, UN deputy chief says

Poverty and inequality are on the rise in many parts of the world.

Liberia To Host Forest and Climate Resilience Forum

The Government of Liberia with support from the World Bank, the Government of Norway, and donor partners is organizing a high-level international forum to highlight the significance of Liberia’s forestry sector and climate resilience.

Productivity Reforms Can Boost Growth and Living Standards for Croatia

Attaining higher living standard for citizens, speeding up convergence with average European Union (EU) income levels, and doubling long-term growth per capita are well within Croatia’s reach. This can be delivered by deepening reforms with a focus on...