Finance & Economics | WPN World People News

Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Nicosia during January 27 to February 6. They discussed with the Cypriot authorities progress under their economic reform program, priorities and milestones for the period ahead, and the importance of a strong and sustained economic recovery.

A World Bank report launched in Honiara has looked at ways in which the Solomon Islands Government and development partners can improve their funding mechanisms; resource distribution and; planning processes for investing in rural infrastructure and service delivery on February 6, 2015.

World Bank Regional Director for Central Asia, Mr. Saroj Kumar Jha, visited Tajikistan on February 3-5, 2015. Mr. Jha met with the President of Tajikistan Emomali Rahmon and key ministries and entities of the Government of Tajikistan to discuss the World Bank’s current and planned projects, which all focus on supporting higher living standards for the people of Tajikistan.

The Ebola epidemic in parts of West Africa is a humanitarian disaster that has drawn the attention of the international community to the threat posed by the rapid spread of life-threatening infectious diseases, both within and across international boundaries.

An International Monetary Fund (IMF) staff mission, led by Jeffrey Franks, visited Dubai from January 26-February 5, 2014 to conduct discussions on the sixth review under Pakistan’s SDR 4.393 billion (about US$6.6 billion) Extended Fund Facility (EFF), approved by the IMF’s Executive Board on September 4, 2013 (Press Release No. 13/322). The mission met with Finance Minister Ishaq Dar, State Bank of Pakistan (SBP) Governor Ashraf Wathra, and other senior officials.

Village shop at dusk in Sri Lanka lit by solar panels.

EU budget funding must be reformed, but not by adding to the burden on taxpayers, urged Budgets Committee MEPs in Thursday’s debate on the first report by the High Level Group on Own Resources (HLG).

On February 5, the Government of Myanmar signed a new agreement with the World Bank to bring improved maternal, newborn and child healthcare to millions of mothers and their young children.

The Belgian economy has returned to growth and continues scoring well on broader measures of well-being, but further reforms will be needed to secure fiscal sustainability while promoting employment and competitiveness, according to the latest OECD Economic Survey of Belgium 2015.