Finance & Economics

More than One Million People throughout Russia Will Benefit from Enhanced Access to Financial Services

Up to 1.28 million clients of microfinance institutions and members of credit cooperatives will benefit from a US$20 million World Bank loan approved Thursday by the World Bank Board of Executive Directors for the Microfinance Development Project in...

World Bank Supports Further Improvement of Armenia’s Rural Roads Network

The World Bank Board of Executive Directors Thursday approved a US$45 million loan for the Lifeline Road Network Improvement Project (LRNIP) for Armenia.

More Than 10 Million Rural Residents in Eight Regions of Uzbekistan to Benefit from Increased Economic Opportunities and Improved Environmental Conditions

Rural communities of over 10 million people in eight regions of Uzbekistan will benefit from the US$12.699 million Global Environment Facility (GEF) grant financing for the Sustainable Agriculture and Climate Change Mitigation Project approved Tuesday...

World Bank Unveils New Country Assistance Strategy to Support Malawi’s Economic Growth and Transformation

The World Bank Group has released its new Country Assistance Strategy (CAS) to support Malawi’s effort to diversify the economy and make it more competitive and resilient to shocks.

Korea: a growing influence in the field of development co-operation

An aid recipient less than two decades ago, Korea is now a donor and sharing its experience of how to use development co-operation as a catalyst to promote long-term sustainable growth in other countries.

Cameroon’s Economy Grew Five Percent in 2012

Cameroon's economic recovery continues. After rising about 4 percent in 2011, economic activity is expected to continue to increase and grow to about 5 percent in 2012, the World Bank announced Monday. The engines of growth continue to be in...

Belgium should be more proactive in tackling mental health issues in the workplace, says OECD

Belgian companies, mutualities and employment services should be more proactive in helping people with mental health problems stay in the workplace or find a job, according to a new OECD report.

African Migrants Could Save US$4 Billion Annually On Remittance Fees, Finds World Bank

Bringing remittance prices down to 5 percent from the current 12.4 percent average cost would put US$4 billion more in the pockets of Africa's migrants and their families who rely on remittances for survival.

OECD calls for better alignment of energy policy, public finances and environmental goals

Two new OECD reports provide wide-ranging evidence of how reforming subsidies and tax breaks for fossil fuels and rationalising fuel taxes can help countries boost finances and meet green objectives.

New help for consumers and businesses to take action against price fixing

Groups of consumers and companies will find it easier to take collective legal action against businesses acting in an anti-competitive way under new proposals announced by Competition Minister Jo Swinson today. Included in the measures is a new fast-...