Finance & Economics

World Bank Supports Expansion of Affordable Electricity and Improved Health Services in Liberia

The World Bank Board of Executive Directors approved two International Development Association (IDA)* credits totaling US$45 million to support the Government of Liberia’s new strategy to expand electricity coverage by 2030, as well as improve...

Global economy advancing but pace of recovery varies, says OECD Economic Outlook

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Austria, Luxembourg and Singapore among countries signing-on to end tax secrecy

As a further sign of international efforts to crack down on tax offenders, 12 more countries have signed, or committed to sign, the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. In addition, another 6 countries...

New approach to globalisation and global value chains needed to boost growth and jobs, says OECD

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After AU Summit Talks, Sudan Peace Still Elusive

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The leaders of the two Sudans announced...

Africa's natural resources can fuel economic transformation – UN report

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Gold miners in Ghana.

UN Secretary-General Ban Ki-moon and World Bank Group President Jim Yong Kim Conclude Historic Mission to Africa’s Great Lakes Region, Pledge Commitment to Implement Peace, Security and Economic Development

UN Secretary-General Ban Ki-moon and World Bank Group President Jim Yong Kim on Friday ended a three-day historic mission to the Democratic Republic of Congo (DRC), Rwanda, and Uganda, pledging that both of their global organizations will work closely...

Kerry Hopeful on Palestinian Economic Plan

U.S. Secretary of State John Kerry says global business leaders are moving to invest as much as $4 billion in the Palestinian economy, to support efforts to find a comprehensive peace plan with Israel.

Burma: Investors Need Robust Rights Safeguards

American companies investing in Burma should not let new US government reporting requirements lull them into complacency on human rights concerns. The US “Reporting Requirements on Responsible Investment” in Burma went into effect.

Maintaining momentum for EU enlargement

This year marks the tenth anniversary of the EU – Western Balkans Summit, which took place in Thessaloniki in June 2003. It was at this Summit that the EU Member States gave a commitment that “The future of the Balkans is within the European Union”....