Finance & Economics | WPN World People News

The EU's new eastern partnership policy should boost cooperation with its eastern neighbourhood countries to reduce both parties’ energy dependence on Russia, said MEPs and MPs from eastern partnership countries at the fourth Euronest Parliamentary Assembly, which closed in Yerevan, Armenia, on Wednesday.

An International Monetary Fund (IMF) mission led by Carlo Sdralevich visited Amman from March 6–15 to conduct the 2015 Article IV Consultation discussions with the Iraqi authorities.

Low oil prices and monetary easing are boosting growth in the world’s major economies, but the near-term pace of expansion remains modest, with abnormally low inflation and interest rates pointing to risks of financial instability, according to the OECD’s latest Interim Economic Assessment.

A mission from the International Monetary Fund (IMF), led by Kristina Kostial, visited Amman from February 24-March 10 to conduct the sixth review of Jordan’s economic performance under the Stand-By Arrangement (SBA) approved in August 2012.

Martin Schulz during the meeting with Zhang Dejiang, chairman of the National People's Congress in the Great Hall of the People in Beijing, China.

The transportation of containers by rail could grow substantially in China, especially if the nation continues adopting the kind of operating practices and regulatory reforms that have boosted the development of the North American rail network, according to a new World Bank research paper.

Key reforms are underway, but rapid economic growth for Indonesia is unlikely before 2016 without strengthening investment growth, says a new World Bank report.

The World Bank Group’s Board of Executive Directors approved a grant of US$13.50 million to finance the Tajikistan Communal Services Development Fund Project aimed at improved delivery of basic municipal services for the population on March 17. The project builds on previous World Bank financed investments and reforms in municipal sector, which have already benefited over one million residents of Dushanbe and secondary towns.

An International Monetary Fund (IMF) team led by Mr. David Hofman visited Belarus during March 5–16 to hold 2015 Article IV Consultation discussions. The team met with Prime Minister Andrei Kobyakov, Chair of the Board of the National Bank of the Republic of Belarus Pavel Kallaur, First Deputy Prime Minister Vasily Matyushevsky, Minister of Economy Vladimir Zinovsky, First Deputy Minister of Finance Maxim Ermolovich, and representatives from think tanks, business, and the diplomatic community.

“Albania's economic program remains on track. The IMF team reached staff level agreement with the authorities on the policies needed to complete the fourth review of the EFF.