Finance & Economics | WPN World People News

On January 15, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Fourth Post-Program Monitoring Discussion with Ireland, and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis.

On January 11, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation discussions with Hong Kong Special Administrative Region (SAR).

If the European Commission decides that an EU member state should recover money from a company due to infringements of tax-related state aid rules, this money should be returned not to the same member state, but to member states that have suffered an erosion of their tax bases or to the EU budget, says the European Parliament in a resolution approved on Tuesday by 500 votes to 137, with 73 abstentions.

China’s efforts to fight air pollution will get a boost from the World Bank through a $100 million loan for a clean heating project in Hebei Province, approved Tuesday by the Bank’s Board of Executive Directors.

Education, social protection and entrepreneurship are among the areas where priority action is needed to halt the slowdown in economic growth and tackle inequality across Latin America, according to the OECD.

The global supply chains of 50 companies employ only six percent of people in direct employment, yet rely on a hidden workforce of 94 percent according to new research from the International Trade Union Confederation.

The ITUC report, Scandal: Inside the global supply chains of 50 top companies released on the eve of the World Economic Forum in Davos exposes an unsustainable business model, with a global footprint that covers almost every country in the world and profiles 25 companies with headquarters in Asia, Europe, and the United States.

The World Bank launched the Sudan Evidence Base and Data Literacy Capacity Development Program. Funded by UKAid, delivered by the World Bank, and drawing on expertise from both organizations, the program – the first of its kind in Sudan – is meant to improve development outcomes through stronger evidence-based policy-making, program design, and monitoring. This capacity development program commenced on January 10 and will continue through the coming eight months.

An International Monetary Fund (IMF) mission, led by Ms. Alison Stuart, visited Malé during January 4-17 for the 2015 Article IV Consultation —a periodic surveillance that the IMF undertakes with its member countries to exchange views on key economic challenges and discuss possible policy alternatives.

The International Monetary Fund (IMF) has on Friday published a Fiscal Transparency Evaluation (FTE) report for Albania, which was carried out at the request of the Government of Albania by a team from the Fund’s Fiscal Affairs Department in June 2015.

An International Monetary Fund (IMF) mission, led by Ms. Alison Stuart, visited Malé during January 4-17 for the 2015 Article IV Consultation1 —a periodic surveillance that the IMF undertakes with its member countries to exchange views on key economic challenges and discuss possible policy alternatives.