Finance & Economics | WPN World People News

Eurogroup President Jeroen Dijsselbloem in ECON

The rise in income inequality combined with lagging shared prosperity indicators have adverse impacts on relative poverty in Mauritius, says a World Bank report launched on February 18. The report, titled Inclusiveness of Growth and Shared Prosperity, analyses Mauritius’s growth pattern of the past decades as well as existing opportunities to accelerate progress toward achieving inclusive growth and shared prosperity.

On February 15–19, 2016, AFRITAC South held a seminar at the Africa Training Institute in Mauritius on improving compliance of indirect taxes and coordinated border management (CBM).

Hospital comparative price levels and GDP per capita.

South African sample and OECD countries, 2013

An International Monetary Fund (IMF) mission led by Chikahisa Sumi visited Manila from February 11−17. The mission met with the Governor of the Bangko Sentral ng Pilipinas (BSP), the Secretaries of the economic cluster, senior government officials, private sector representatives, and the financial community.

The World Bank’s new ‘World Development Report 2016: Digital Dividends’ was launched Wednesday at the Kazakh-Britain Technical University in Almaty, Kazakhstan. Discussion of the report helps catalyze a shared vision for digital transformation among Central and South Asia government leaders, experts, and practitioners.

On February 17, 2016, the Executive Board of the International Monetary Fund (IMF) completed the fifth and sixth reviews of Albania’s economic performance under a program supported by the Extended Fund Facility (EFF). The completion of the review enables the authorities to draw an additional amount equivalent to SDR 57.76 million (about €72.4 million), bringing total disbursements to SDR 180.84 million (about €226.8 million).

On February 8, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Uruguay.

How much money should a country devote to its health and pension systems? Although this is of course for national parliaments to decide every year, their decisions have to be in line with the country's budgetary commitments taken at the EU level. On 16 February, MEPs and their national counterparts will debate ways to increase the democratic accountability of how the EU coordinates the economic policies of member states.

Sri Lanka has made encouraging progress in reducing poverty to below 7 percent of the population, but pockets of severe poverty remain and future prosperity will depend on addressing chronic revenue shortfalls and fostering a more competitive and inclusive economy, say new research findings announced by the World Bank Group on February 16.