Finance & Economics

IMF Executive Board Approves New Two-Year US$70 Billion Flexible Credit Line Arrangement with Mexico

The Executive Board of the International Monetary Fund (IMF) approved a successor two-year arrangement for Mexico under the Flexible Credit Line (FCL) in an amount equivalent to SDR 47.292 billion (about US$70 billion). The Mexican authorities stated their intention to treat the arrangement as precautionary.

European Social Fund: more than EUR 1 billion for employment and social inclusion in Bulgaria

The European Commission has adopted the Bulgarian Operational Programme "Human Resource Development" for the implementation of the European Social Fund (ESF) in the period 2014-2020.

EU Annual Growth Survey 2015: A new Momentum for Jobs, Growth and Investment

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£32 million of compensation available for UK's victims of asbestos related cancer

Victims of diffuse mesothelioma and their families may be eligible to receive compensation averaging £125,000.

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Number of UK private sector businesses at record high

Official figures show that the number of private sector businesses in the UK has reached 5 million for the first time.

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Saint Lucia: Increased ICT Connection and Productivity to Foster Better Jobs and Economic Growth

Saint Lucia’s government reported concrete advances in investment climate, connectivity, and productivity at the second accountability workshop of the Caribbean Growth Forum (CGF).

Structural reforms can help poorest countries break 'vicious' economic circle – new UN report

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Mothers and their infant children at the Mwandama Millennium Village, Malawi.

Economic and monetary affairs MEPs secure deal to boost infrastructure investment in the EU

A negotiating team led by Alain Lamassoure (EPP, FR) struck a political deal with the Council and the Commission on European Long Term Investment Funds (ELTIFs) on Wednesday evening. These funds should boost non-bank financing for projects that deliver infrastructure, intellectual property or research results which benefit the real economy and society.

OPEC Maintains Output, Prices Hit 4-year Low

The Organization of Petroleum Exporting Countries has decided to maintain current levels of production, despite a worldwide oil glut that has driven market prices down more than 30 percent since June.

OECD Global Strategy Group discusses megatrends and role of the Organisation in a changing world

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