Finance & Economics | WPN World People News

Minister of Finance for Maldives, Hon. Ibrahim Ameer and the World Bank Country Director for Maldives, Nepal and Sri Lanka, Dr. Idah Pswarayi-Riddihough.

Water, along with pollutants and contaminating agents, flows into a canal in Maputo, Mozambique.

Canada has the largest and most comprehensive and elaborate skilled labour migration system in the OECD, according to a new OECD report.

On July 31, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with China.

The Chinese economy is facing external headwinds and an uncertain environment. GDP growth slowed to 6.6 percent in 2018, driven by necessary financial regulatory reforms and softening external demand.

With the goal of promoting the production-conservation agenda in Colombia, the World Bank Board of Executive Directors, on August 8, approved a USD 5.93 million donation from the Global Environmental Facility (GEF) for the conservation of natural ecosystems, the restoration of ecological corridors and to improve the livelihoods of the population residing in the Orinoquia region.

On August 2, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Lao P.D.R.
Natural disasters slowed Lao P.D.R.’s economic growth and accentuated the need to address structural vulnerabilities. GDP growth slowed down to 6.3 percent in 2018 from 6.8 percent in 2017, as both agricultural and industrial production declined mainly due to natural disasters.

The Japan International Cooperation Agency (JICA) and the World Bank jointly launched a knowledge-sharing program to assist policymakers in Vietnam with developing new models of elderly care services as Vietnam’s population is ageing at a pace faster than any of its regional peers, on August 7.

On August 6, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Latvia and considered and endorsed the staff appraisal without a meeting.

A staff team from the International Monetary Fund (IMF) led by Xiangming Li visited São Tomé and Príncipe during July 24 – August 6, 2019 to discuss a new program that can be supported by an IMF Extended Credit Facility (ECF) arrangement.