Finance & Economics | WPN World People News

An International Monetary Fund (IMF) team headed by Mr. Max Alier conducted post-program monitoring (PPM) discussions with the Moldovan authorities in Chișinău during September 25–October 7, 2014. The PPM process is intended for member countries that have substantial IMF credit outstanding following the expiration of their programs.

Figures detailing 2015 budget funding for the EU’s priority growth and jobs policies, education - including the EU's Erasmus+ student mobility programme - and its humanitarian and support work in war-stricken and neighbouring zones were approved by Budgets Committee MEPs on Tuesday. These figures will be put to a vote by Parliament as a whole at the October plenary session.

Over a thousand former workers at firms producing metals in Communidad Valenciana (Spain) and cars around Genk (Belgium) should get EU aid to help them find new jobs, the Budgets Committee recommended on Tuesday. The proposed European Globalisation Adjustment Fund (EGF) aid still needs to be approved by both Parliament as a whole and the Council of Ministers.

Regional variation in unemployment rate, 2013

The International Monetary Fund has published a Fiscal Transparency Evaluation for Portugal, which was carried out at the request of the Portuguese government by a joint team from the Fund’s Fiscal Affairs and Statistics Departments that visited Lisbon in May 2014.

Remittances by international migrants from developing countries are on course for strong growth this year, while at the same time forced migration due to violence and conflict has reached unprecedented levels, says the World Bank’s latest issue of Migration and Development Brief, released.

Economic growth in South Asia is forecast to accelerate to 2016 led by an increase in activity in India, the biggest economy in a region that has the world’s largest concentration of poor people, a World Bank report said.

Seven years after the onset of the global financial crisis, the world still has a way to go to secure a sustainable recovery marked by strong growth that supports rapid job creation and benefits all, International Monetary Fund (IMF) Managing Director Christine Lagarde says in her foreword to the institution’s Annual Report 2014—From Stabilization to Sustainable Growth, published.

Developing countries in East Asia Pacific will see slightly slower economic growth this year, but the pace of growth in the region, excluding China, will pick up next year, as the gradual recovery in high-income economies boosts demand for exports from the region, according to the East Asia Pacific Economic Update released by the World Bank. Still, developing East Asia Pacific remains the fastest-growing region in the world.

People’s well-being has generally progressed since the early 20th century across a large part of the world, according to new research published by a consortium of economic historians (CLIO-INFRA) and produced in collaboration with the OECD and OECD Development Centre.