Finance & Economics | WPN World People News

Brčko District, hosted an event that brought together leaders, policy makers, and experts from Bosnia and Herzegovina, Croatia, Montenegro, Serbia and Slovenia to discuss the importance of regional cooperation in water management, specifically in the Sava – Drina River Corridor.

The World Bank Group has taken an important step in significantly increasing its presence in the Pacific, with the official opening of a new office in Suva, Fiji, which will serve as a regional hub for the development institution’s work across the region.

The Argentinian agro-food sector has grown remarkably over the past thirty years, driven by innovation, an abundance of young, well-educated farmers and strong international prices. While Argentina’s use of export taxes has raised much-needed revenue for the federal government, the policy has reduced gross farm revenues by an estimated 14% over the period of 2015-17, discouraging investment in one of the country’s most competitive sectors, according to a new report from the OECD.

Note: Growth rates presented in this chart are based on data with more than one decimal.

The digital transformation is well under way, yet its scope and speed varies greatly across countries, sectors, people and places. Going digital will only fully benefit economies and societies if governments step up efforts to prepare businesses, people and policies for a digital world, the OECD said.

Source: Labour Force Statistics‌‌

The government, business and workers in Italy will need to invest substantially more in training to prepare for the future world of work, according to a new OECD report.

A new World Bank report finds that investments of 4.5 percent of GDP will allow developing countries achieve their infrastructure-related Sustainable Development Goals and stay on track to limit climate change to up to 2°C. Beyond the Gap, also finds infrastructure investment compatible with full decarbonization need not cost more than more polluting alternatives.

On February 13, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Uruguay.