Finance & Economics

IMF Concludes 2014 Article IV Consultation Mission to Mauritius

“The authorities maintained a stable macroeconomic environment in 2013, despite difficult external developments. The fiscal deficit rose in part because of spending in response to the March flash floods and larger than expected capital spending....

IMF Reaches Staff-Level Agreement with Armenia on Request for Extended Fund Facility Arrangement

The IMF staff has reached agreement with the Armenian authorities on their request for a 38-month Extended Fund Facility (EFF) arrangement, in support of the economic and financial program of the government and Central Bank of Armenia (CBA) for 2014–...

Fish Farms to Produce Nearly Two Thirds of Global Food Fish Supply by 2030, Report Shows

Aquaculture – or fish farming – will provide close to two thirds of global food fish consumption by 2030 as catches from wild capture fisheries level off and demand from an emerging global middle class, especially in China, substantially increases.

Seasonal workers: "If your workers are treated well, they will be more productive"

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Claude Moraes

Report: Employment May Shrink Because of Health Care Law

A report by the U.S. Congressional Budget Office predicts the new health care reform law will shrink the work force by more than 2 million full-time positions.

Napolitano: “We have to fight against national egoism and anachronistic conservatism”

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Italian President Giorgio Napolitano (left) and EP President Martin Schulz

Australia: Local employment agencies should play a greater role in job creation, says OECD

Slower growth in key markets like China and India is reducing momentum across the Australian economy, cutting into employment opportunities and putting more pressure on the government to ensure that public policy delivers optimal results for growth...

Greater competitiveness and regional integration critical for South Africa’s growth and opportunity

Greater export competitiveness and deeper regional integration could help propel South Africa towards faster-growing exports, allowing it to achieve higher, more inclusive, job-intensive growth as laid out in the country’s National Development Plan (...

World Bank Group Supports Public-Private Partnership for Major Roadway Improvement Project in Lao PDR

The World Bank Group and the Ministry of Public Works and Transport are reaching out to private and public sector investors for a public-private partnership aimed at enhancing the traffic capacity of National Road 13, a two-lane highway that serves as...

World Bank and Japan partner to improve disaster risk management in developing countries

With loss and damages from disasters increasing globally, Japan and the World Bank launched a new program that will help improve disaster risk management in developing countries. Activities under this program will have a strong focus on strengthening...