Finance & Economics | WPN World People News

An International Monetary Fund (IMF) mission, led by Mr. Mario de Zamaróczy, visited Cameroon during April 24–May 8, 2014 to conduct the 2014 Article IV Consultation discussions. The discussions focused on recent economic developments and the short and medium-term economic outlook.

The Global Facility for Disaster Reduction and Recovery (GFDRR) and the World Bank, in collaboration with HATCH! PROGRAM, a leading entrepreneur community and social incubator in Vietnam, will host the global event: “Hackathon Code For Resilience” in Vietnam, with support from the Vietnam’s Ministry of Agriculture and Rural Development.

On April 28, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Jordan and also completed the third and fourth reviews of Jordan’s economic performance under a three-year program supported by a Stand-By Arrangement (SBA).

The services sectors offer tremendous opportunities to stimulate growth and jobs worldwide, but much more can be done to reduce the existing barriers to international services trade, according to new OECD research.

As rapid economic development has pushed the percentage of people working in most East Asian countries to among the highest in the world, policy makers should enact labor regulations and social protection policies to benefit all workers, including those in the large informal economy, according to a new World Bank report, East Asia Pacific at Work: Employment, Enterprise and Well-Being.

Soy is a major but often invisible ingredient in the products on the supermarket shelf. Some supermarket chains are doing better than others in relaying concerns back to producers

The Minister of Finance of the Republic of Tajikistan Abdusalom Kurbonov and the World Bank Country Manager for Tajikistan Marsha Olive signed a grant agreement to scale up a project that supports improving health and nutrition among children under the age of three and mothers in Khatlon Oblast. The US$2.8 million grant funded by the Japan Social Development Fund will build on the activities implemented in the last three years through the “Grant for a Pilot of Nutrition Investments in Severely Food Insecure Districts of Khatlon Province”.

The OECD’s 34 member countries affirmed their common resolve to work towards a deal on combating climate change at the COP21 talks in Paris in 2015. OECD accession countries Colombia and Latvia joined the statement issued at the Organisation’s annual Ministerial Council Meeting, attended by finance, economy, trade and other ministers.

An International Monetary Fund (IMF) mission led by Mr. Ananthakrishnan Prasad visited Kuwait during May 4–6 to hold discussions with the authorities in preparation for the Article IV Consultation later this year.

The global economy will strengthen over the coming two years, but urgent action is still required to further reduce unemployment and address other legacies from the crisis, according to the OECD’s latest Economic Outlook.