Finance & Economics | WPN World People News

Thailand’s Digital Economy Promotion Agency (DEPA) and the World Bank on February 26, agreed to jointly undertake activities that will promote awareness of the Internet of Things (IoT) in Thailand and adopt digital transformation in public and private sectors.

An International Monetary Fund staff team led by Chris Walker, IMF Mission Chief for Haiti, visited Port-au-Prince from February 20-25, to carry out discussions with the Haitian authorities on a Staff-Monitored Program (SMP).

During the International High-Level Conference on the Sahel, the founding members of the Sahel Alliance – France, Germany, the EU, the World Bank, the African Development Bank and UNDP –, joined by Italy, Spain and the UK, officially launched the Sahel Alliance, by announcing the implementation of over 500 projects between 2018 and 2022.

China can achieve more inclusive and sustainable development with coordinated reforms across a broad range of areas that maximize development impact and address its development challenges, says the World Bank Group’s new Systematic Country Diagnostic for China.

More competition in the electricity market, better information to consumers and small energy producers and plans to tackle shortages during crises are addressed in this energy package.

The Launch Workshop for the Myanmar Southeast Asia Disaster Risk Management Project, which will strengthen Myanmar’s disaster preparedness, was held on February 20, with national and local government officials reporting on implementation progress. The event was jointly organized by the Ministry of Planning and Finance and the Yangon City Development Committee, in collaboration with the Yangon Region Government and the World Bank.

MEPs point out that this has not prevented the EU cosmetics industry from thriving and providing around two million jobs. However, around 80% of countries worldwide still allow animal testing and the marketing of cosmetics tested on animals.

An International Monetary Fund (IMF) staff team led by Karen Ongley visited East Jerusalem and Ramallah during February 4–14, 2018, to assess recent economic developments in the West Bank and Gaza. The IMF team met with Finance Minister Shukry Bishara, Governor Azzam Shawwa, and other Palestinian officials.

Half of EU member states have leveraged the Common Agricultural Policy (CAP) to significantly reduce poverty and drive higher incomes in farming, while other countries are still lagging, according to the latest World Bank study.