Finance & Economics | WPN World People News

Governments must implement comprehensive structural reform programmes to sustain stronger, greener and more inclusive growth that will extend beyond the current cyclical upswing, according to the OECD’s annual Going for Growth report.

Lukáš Parízek, State Secretary of the Ministry of Foreign and European Affairs of Slovakia, speaking at the opening meeting of the Mediterranean Contact Group, Vienna, 19 March 2018.

An International Monetary Fund (IMF) team led by Mika Saito visited Monrovia from March 7–20 to conduct discussions for the 2018 Article IV Consultation with Liberia.

Transport MEPs voted on new rules to better protect EU air carriers and to ensure fair competition in air transport.

On Tuesday, Transport Committee MEPs backed a new law to set up a more effective complaints-handling mechanism to investigate possible unfair practices by non-EU countries, such as subsidies to non-EU airlines, preferential access to airport services or unfair pricing by non-EU country airlines.

People working in Serbian public administration will get equal pay for the same work. Public enterprises such as EPS, Srbijagas and Serbian railways will lower their expenses and increase their revenues, while 70,000 households will benefit from support from the Energy Vulnerable Program.

Major U.S. and European stock indexes were sharply lower in Monday's trading over continuing fears of a trade war, Brexit, an upcoming U.S. Federal Reserve meeting and trouble with Facebook.

An International Monetary Fund (IMF) team led by Christoph Duenwald visited Baku during March 8–16, 2018 to conduct discussions on the third review of Afghanistan’s economic program supported by a three-year IMF Extended Credit Facility (ECF) arrangement.

After a decade of strong economic activity, growth in Timor-Leste is expected to have fallen sharply in 2017, following a tightening of public spending, according to a new World Bank report released on March 20th. The March 2018 Timor-Leste Economic Report also identifies potential for development in offshore petroleum, and the tourism and coffee sectors.

An IMF team led by Mr. Jarkko Turunen visited Phnom Penh from March 12 to 16, 2018, to conduct interim discussions on recent developments and Cambodia’s economic outlook.

Poland’s economic growth remains strong. Rising family benefits and a booming jobs market are lifting household income while poverty rates and inequality are falling, says a new OECD report.