Finance & Economics | WPN World People News

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“The mission reviewed recent economic developments and discussed the near-term outlook for the Dominican Republic. It noted that economic developments in 2013 had been better than expected in the previous staff visit. However, it also noted that challenges remain, particularly in the area of public finances, electricity sector and the external position.

The Philippines expects to maintain strong growth rates in the next three years despite the difficult global environment and the devastation unleashed by Typhoon Yolanda. Addressing the jobs challenge while ensuring timely and sustainable reconstruction in affected areas will help disaster survivors get back on their feet as well as mitigate future risks from calamities.

Tackling the pervasive inequality faced by women farmers across Africa is critical if the continent is to reduce poverty, boost economic growth and feed its growing population, says a new report published by the World Bank Group and The ONE Campaign.

Fluctuating investment growth, reflecting lower export prices and tighter financing conditions, as well as regulatory uncertainties, will continue to moderate Indonesia’s growth rate to 5.3 percent for 2014, says a new World Bank report.

Plans to reform the funding arrangements and legal status of European political parties and their affiliated foundations were backed by the Constitutional Affairs Committee on Tuesday. The new rules, already informally agreed with Council, should clarify the finances of these bodies and enhance their European character. A system to monitor compliance and impose penalties for breaches is also part of the deal.

Quarterly GDP in volume terms for the G20

Percentage change on the previous quarter, seasonally adjusted data

Fluctuating investment growth, reflecting lower export prices and tighter financing conditions, as well as regulatory uncertainties, will continue to moderate Indonesia’s growth rate to 5.3 percent for 2014, says a new World Bank report.

The Riga-based electronic communication regulator body BEREC on Monday failed to convince budgetary control MEPs that its management of EU funds was in order for 2012. It may rectify its shortcomings by October when MEPs will have their final say. In separate votes, the rest of the 31 EU agencies were granted discharge. Votes on bookkeeping by the European Commission, the European Parliament and the Council will be taken on Tuesday.

The Philippines expects to maintain strong growth rates in the next three years despite the difficult global environment and the devastation unleashed by Typhoon Yolanda. Addressing the jobs challenge while ensuring timely and sustainable reconstruction in affected areas will help disaster survivors get back on their feet as well as mitigate future risks from calamities.