Finance & Economics | WPN World People News

Incorporating environmental, social and governance (ESG) factors into fixed income investment strategies can strengthen risk management and contribute to more stable financial returns, finds a new report by the World Bank Group and Japan’s Government Pension Investment Fund (GPIF).

Financial inclusion is on the rise globally, accelerated by mobile phones and the internet, but gains have been uneven across countries. A new World Bank report on the use of financial services also finds that men remain more likely than women to have an account.

An International Monetary Fund (IMF) team led by Stéphane Roudet visited Muscat April 3-16 to hold the 2018 Article IV consultation discussions with Oman.

The Women Entrepreneurs Finance Initiative (We-Fi), on April 19, announced its first funding allocations -- expected to mobilize over $1.6 billion in additional funds from an allocation of $120 million -- for programs designed to knock down the unique barriers facing women entrepreneurs in developing countries. This initial round of grant allocations alone mobilizes twice the amount originally targeted for We-Fi over its lifetime.

An International Monetary Fund (IMF) mission, led by Mr. Abdoul Aziz Wane, visited Brazzaville from April 3 to April 18, 2018 to discuss the authorities’ economic and financial program and possible financial support by the IMF.

U.S. news reports say Wells Fargo will be fined as much as $1 billion for illegally selling customers car insurance policies they did not want or need, and for charging unnecessary fees in connection with mortgages.

The speed of economic recovery has accelerated in early 2018, but the foundations for solid growth need to be strengthened, says the latest World Bank Economic Update on Belarus.

Sub-Saharan Africa’s growth is projected to reach 3.1 percent in 2018, and to average 3.6 percent in 2019–20, says Africa’s Pulse, a bi-annual analysis of the state of African economies conducted by the World Bank, released on April 18.

On March 26, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the 2018 Article IV consultation with Cabo Verde.