Finance & Economics
IMF Staff Completes Review Mission to Serbia
An International Monetary Fund (IMF) mission, led by Jan Kees Martijn, visited Belgrade during October 3 – 15, 2019, to hold discussions on the third review under Serbia’s Policy Coordination Instrument (PCI).
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Project Signing: World Bank Signs $400 million Agreement to Help Uttar Pradesh Develop Safer, Resilient and Green Roads
The Government of India, Government of Uttar Pradesh and the World Bank, on October 11, signed a $400 million loan agreement to help the state of Uttar Pradesh strengthen, upgrade and maintain about 500 kms of the state’s core road network of state highways, including measures to reduce crashes and fatalities.
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IMF Staff Completes 2019 Article IV and Sixth ECF Review Mission to Afghanistan
An International Monetary Fund (IMF) team led by Christoph Duenwald visited Dubai from October 3–10, 2019 to conduct discussions for the 2019 Article IV consultation and the sixth and final review of Afghanistan’s economic program supported by a 3½ -year ECF arrangement.
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FSB and IMF publish 2019 Progress Report on G20 Data Gaps Initiative
The Financial Stability Board (FSB) and International Monetary Fund (IMF), on October 11, published the Fourth Progress Report - Countdown to 2021 on the implementation of the Second Phase of the G20 Data Gaps Initiative (DGI-2). The report will be submitted to the G20 Finance Ministers and Central Bank Governors ahead of their meetings in Washington D.C. in mid-October.
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Philippines: High impact projects and critical reforms key to regaining higher growth
Amidst rising global uncertainties, the Philippine economy remains strong and is projected to grow 5.8 percent this year and 6.0 percent in 2020 and 2021, according to the Philippines Economic Update, released by the World Bank, on October 10.
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World Bank Group Strengthens Its Engagement in Maldives
The World Bank has launched online public consultations for its second Systematic Country Diagnostic (SCD) in Maldives. The consultations invite views from the Maldivian public on what they think are the most important issues and opportunities facing the country and how these can be addressed.
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Stop the waste: UN food agencies call for action to reduce global hunger
According to the UN, an estimated one-third of all food is lost or wasted worldwide as it moves from where it is produced to where it is eaten.
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Trade Integration Even More Important for Latin America and the Caribbean as Growth Slows
The Latin America and Caribbean (LAC) region has entered a new phase of weak economic performance, but increased integration in international trade and global value chains could reinvigorate economic growth.
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East Asia and Pacific: Growth Slows as Trade Tensions and Global Uncertainties Intensify
Growth in developing East Asian and Pacific economies is expected to slow from 6.3 percent in 2018 to 5.8 percent in 2019 and to 5.7 and 5.6 percent in 2020 and 2021, respectively, reflecting a broad-based decline in export growth and manufacturing activity.
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Unemployment Drops While Growth Slows in Western Balkans
Economic activity is slowing in the Western Balkans, as investments and exports continue to fade in the six countries around the region. Growth is estimated at 3.2% in 2019, down from 3.9% in 2018, according to the latest Western Balkans Regular Economic Report, Rising Uncertainties.
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Human Rights
Ringing FOWPAL’s Peace Bell for the World:Nobel Peace Prize Laureates’ Visions and Actions
Protecting the World’s Cultural Diversity for a Sustainable Future
The Peace Bell Resonates at the 27th Eurasian Economic Summit
Declaration of World Day of the Power of Hope Endorsed by People in 158 Nations
Puppet Show I International Friendship Day 2020