Finance & Economics

World Bank Group launches New Country Partnership Strategy for South Africa

The World Bank Group (WBG) launched a new Country Partnership Strategy (CPS) for South Africa that will guide the Group’s proposed support to the country over the next three years, until 2017. Reducing inequality, promoting investment and...

Tourism to energize the Zambian economy boosting growth and livelihoods

The Minister of Tourism and Arts, Ms. Sylvia Masebo launched the new World Bank Tourism in Africa Report, “Harnessing Tourism for Growth and Improved Livelihoods” at a colorful ceremony. The report provides strategies for Sub-Saharan African (SSA)...

EU budget 2014: Parliament and Council strike a deal

After negotiating through the night, Parliament and Council struck a deal on the EU budget for 2014, which also provides for remedying payments shortfalls in in the current fiscal year. MEPs ensured that victims of catastrophic flooding and drought in...

Kowal: "In 10-15 years it will be natural to talk about Ukraine’s accession"

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Paweł Kowal

IMF Concludes Mission to Uganda on the First Review of the Policy Support Instrument

“The growth recovery to 5¾ percent in 2012/13, driven by public investment and consumption and stronger private activity in telecommunications, has been supported by a fiscal stance based on strong implementation of investment projects.

Project Signing: Government of India and World Bank Sign $236 Million Agreement for Reducing Disaster Risks in Coastal Villages of Tamil Nadu and Puducherry

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Over 17,000 families to benefit from construction of hazard-resilient houses

As growth slows, developing countries face uncertainties over debt, UN conference told

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UNCTAD Secretary-General Mukhisa Kituyi.

World Bank Group Report Lays Out Road Map for Financial Inclusion

As mobile banking and other technological innovations fuel the expansion of financial services in many developing countries, a new World Bank Group report urges policy makers to focus on products that benefit the poor, women and other vulnerable...

New Supplemental Poverty Figures Affirm Need for Anti-Poverty Programs

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“We want to work and make a meaningful contribution to society”, young people say.

A “youth charter” setting out common principles on internships and volunteering, measures to foster entrepreneurship at an early stage and enabling young people to manage a small part of the EU Youth Employment Initiative programme were among the key...