Finance & Economics | WPN World People News

The World Bank Group’s Board of Directors, on July 5, approved a US$ 30 million Economic Governance Development Policy Operation (EGDPO) for Moldova. EGDPO provides resources to help the Republic of Moldova reduce fiscal risks and level the playing field for private sector development.

A team from the International Monetary Fund (IMF) visited Quito, Guayaquil and Cuenca during June 20 to July 4 to hold discussions for the 2018 Article IV Consultation with Ecuador.

More than 9,300 Solomon Islanders will benefit from new or improved electricity services, including renewable energy sources such as solar, through a new project approved by the World Bank’s Board of Executive Directors, on July 5. The project will support the Solomon Islands government to boost renewable energy generation and increase access to grid-supplied electricity, while reducing reliance on expensive, imported fossil fuels.

United States Ambassador to Germany Richard Grenell reportedly told German auto makers Wednesday the U.S. would back off threats of tariffs on European car imports in exchange for the European Union's elimination of duties on U.S. cars.

Through swift measures to develop East Dhaka, Bangladesh has a unique opportunity to relieve the flooding, congestion, and messiness that are clogging the capital’s growth and affecting the quality of life of its people, says a new World Bank report released on July 5.

The ease of doing business varies substantially among cities within Croatia and the Czech Republic, while the implementation of business regulations is more consistent across cities in Portugal and Slovakia, finds a new World Bank report.

On June 29, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Germany.

Germany’s economic performance was strong in 2017, underpinned by solid domestic demand and a rebound in exports in the second half of the year.

India has made tremendous economic progress since the mid-1990s, raising GDP per capita by more than 5% per year, cutting the incidence of poverty in half, significantly decreasing undernourishment and transforming itself into a major agriculture exporter.