Finance & Economics | WPN World People News

More than 80,000 Jamaican citizens will benefit from improved services, basic infrastructure and targeted crime and violence interventions in 18 vulnerable inner-city communities as a result of US$42 million project for integrated community development approved by the Bank’s Board of Directors.

Growing tension between the West and Russia ahead of Ukraine's weekend referendum in Crimea pushed down stocks on major world markets on Friday and drove up buying of safe-haven gold and the yen.

A common charger should be developed for mobile phones, say MEPs.

The rehabilitation of the cultural heritage of Timbuktu is crucial for the people of Mali, for the city’s residents and for the world.

A staff team from the International Monetary Fund, led by Doris Ross, visited Mozambique during February 26- March 13, 2014 to hold discussions towards the completion of the second review under the three-year Policy Support Instrument (PSI) approved in June 2013 (see Public Information Notice (PIN) 13/75). The team met with Prime Minister Vaquina, Finance Minister Chang, Planning and Development Minister Cuereneia, Bank of Mozambique Governor Gove, other line ministers, senior government officials, parliamentarians, the private sector, civil society, and development partners.

The 10 latest international start-ups to choose the UK as a base for their budding business have been announced. 27 graduate entrepreneurs make up the start-up teams from 15 different countries worldwide, including Brazil, India, China, the USA, Jamaica, Romania, Denmark, Sweden and Argentina.

On December 4, 2013, the Executive Board of the International Monetary Fund (IMF) met to discuss the staff paper on Assessing Reserve Adequacy-Further Considerations.

The Government of Cameroon and the International Monetary Fund (IMF) jointly organized a high-level conference entitled “Financing the Future: Infrastructure Development in Central Africa” in Yaoundé, Cameroon on March 10, 2014.

The World Bank Group has announced a new strategy for Djibouti that aims to support the government in reducing extreme poverty and building the foundations for shared prosperity through improved service delivery and better governance.

The World Bank’s Board of Executive Directors approved the Second Programmatic Competitiveness Development Policy Loan (DPL2) of EUR 36.4 million (US$50 million equivalent) for FYR Macedonia. This operation aims to strengthen the competitiveness of FYR Macedonia’s economy by supporting investment and upgrading technology in the manufacturing, agribusiness, and trade logistics sectors, and creating the conditions to increase labor market flexibility and innovation capacity.