Finance & Economics | WPN World People News

An International Monetary Fund (IMF) staff team led by Tarhan Feyzioglu visited Seoul during November 1–14 to conduct discussions for the 2017 Article IV Consultation.

The Executive Board of the International Monetary Fund (IMF) on November 13, completed the seventh and eighth (final) reviews of Liberia’s economic performance under the program supported by the Extended Credit Facility (ECF) arrangement.

An International Monetary Fund (IMF) mission visited Vilnius during November 7–13, 2017, to discuss recent economic developments and policy priorities with the Lithuanian authorities.

The Council adopted conclusions on a strategic approach to resilience in the EU's external action. The EU strategy for resilience building aims at moving from crisis containment to a more structural and long-term approach to global challenges.

By 2050, Fiji’s annual losses due to extreme weather events could reach 6.5 percent of GDP because of the impact of climate change, with more than 32,000 people pushed into hardship every year, according to a significant new climate vulnerability study launched on November 12, at COP23 in Bonn, Germany. An estimated FJ$9.3 billion (US$4.5 billion) over ten years – almost equivalent to 100 percent of the country’s GDP for one year – is needed to build the resilience and capacity to adapt to climate change.

Two Somali youths have been selected as winners of the #Blog4Dev competition launched earlier this year by the World Bank. Along with two runner-ups and over 100 submissions, the blog contestants addressed job creation for youth in Somalia.

A group photo of attendees of the forum together to defend taxpayer’s rights.

1,610 call centre workers laid off in Italy by Almaviva Contact SpA, should receive EU aid worth €3,347,370, following a Budgets Committee vote on Thursday.

Stable growth momentum in the OECD area

On November 03, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Tajikistan.