Finance & Economics | WPN World People News

On June 16, 2017 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Denmark.

Even before the Organization of American States’ annual General Assembly formally opened Monday evening in Cancun, Mexico, Venezuela’s political and economic crisis commanded center stage.

The World Bank Group Board of Executive Directors on June 20th, endorsed the 2017-2021 Country Partnership Framework for Ukraine, which supports the country’s efforts to achieve a lasting economic recovery that benefits all the people of Ukraine.

Reliable renewable energy is a step closer for Solomon Islands, a country facing some of the world’s highest per capita energy costs, following the World Bank Group’s commitment to the Tina River Hydro renewable energy project.

On June 19, 2017, the International Monetary Fund (IMF) approved a three-year extended arrangement under the Extended Fund Facility (EFF) for Gabon for SDR 464.4 million (about US$642 million), or 215 percent of Gabon’s quota, in support of the authorities’ medium-term recovery program.

Protecting EU jobs and industry against unfair competition requires tougher anti dumping rules, Trade Committee MEPs say in a resolution adopted on Tuesday.

MEPs in the European Parliament will today vote on a committee report regarding the Commission's proposal for a new ‘non-standard’ methodology to be used in anti-dumping proceedings against non-market economies. AEGIS Europe urges MEPs to recognise the need for clear definitions, formalised due process, and an unambiguously effective non-standard anti-dumping methodology.

On June 19, 2017, the Executive Board of the International Monetary Fund (IMF) completed the first reviews of Cote d’Ivoire economic program supported by three-year arrangements under the Extended Credit Facility (ECF) and Extended Arrangement under the Extended Fund Facility (EFF).

Despite a small aid budget, Iceland stands out among donors for its commitment to supporting the poorest countries and using its expertise in areas like renewable energy, land restoration and gender equality for aid programmes that advance global goals, according to a new OECD report.