Finance & Economics | WPN World People News

“I congratulate Prime Minister of Canada Justin Trudeau, President of the European Council Donald Tusk, and President of the European Commission Jean-Claude Juncker on the signature of the Canada-EU Comprehensive Economic Trade Agreement (CETA). The deal comes at a crucial time when slowing trade growth and low investment are contributing to the weakness of the global economy.

The World Bank Board of Executive Directors approved an International Bank for Reconstruction and Development (IBRD) loan of $192 million to complement Cameroon’s ongoing and planned transport investments.

The World Bank Board of Executive Director approved $100 million to help Cameroon improve the productivity and competitiveness of targeted livestock production systems in the country over the next six years, on October 27.

A team from the International Monetary Fund (IMF) led by Axel Schimmelpfennig, IMF Mission Chief for Uganda, visited Kampala from October 12 to 26, 2016 to conduct the seventh review of the country’s economic program under the Policy Support Instrument (PSI).

A new World Bank study outlines how Sub-Saharan Africa’s struggling power utilities can be financially viable and at the same time make electricity access affordable for the poor.

Mongolia has made significant progress in developing its anti-corruption policy, legislation and institutions over the past few years. However, progress has recently slowed and there are increasing concerns about the future direction and pace of reforms, according to a new OECD report.

Meeting with King Salman Al Saud focused on global and regional economic cooperation
All GCC countries have begun welcome reforms to respond to low oil prices.
Fiscal adjustment will need to be sustained over the medium term.

A major independent report released emphasises that the Government of Bangladesh and its partners must rally to end hunger and improve nutrition to sustain the country’s remarkable economic trajectory on Oct 26.

Parliament demanded more funds, to help young people into jobs, boost economic growth and assist third countries with a view to mitigating the migration crisis, in a plenary vote on Wednesday.