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18.04.00 – FINANCING

WORLD BANK/ FINANCIAL INCLUSION

As mobile banking and other technological innovations fuel the expansion of financial services in many developing countries, a new World Bank report urges policy makers to focus on products that benefit the poor, women and other vulnerable groups the most. The “Global Financial Development Report 2014: Financial Inclusion” report stays no-frills savings and payment accounts, [...]

12 Nov 2013 | Read More »

GA / FINANCING FOR DEVELOPMENT

Speaking to a General Assembly High-level Dialogue on Financing for Development, Secretary-General Ban Ki-moon expressed deep concern about the recent decline in official development assistance (ODA) and said that "for many developing countries, and in particular the most vulnerable, predictable levels of ODA remain critical." UNTV

7 Oct 2013 | Read More »

UN / CREDIT RATING

Paul Taylor, President and Chief Executive Officer of Fitch Ratings told the General Assembly that rating agencies, "did not do enough to highlight the limitations of our product nor flesh out fully the rationale for our opinions" leading up to the 2008 housing downturn and financial crisis. UNTV

10 Sep 2013 | Read More »

WASHINGTON / IMF ON USA ECONOMY

The United States could spur growth by adopting a more balanced and gradual pace of cutting the deficit, especially at a time when monetary policy has limited room to support the recovery further, the International Monetary Fund said after wrapping up its annual review of the world's largest economy. IMF

14 Jun 2013 | Read More »

WASHINGTON / GLOBAL ECONOMIC PROSPECTS

Risks from advanced economies have eased and growth is firming, despite ongoing contraction in the Euro Area. However, the pick-up in developing countries will be modest because of capacity constraints in several middle income countries, says the World Bank in the newly-released Global Economic Prospects (GEP) report. WORLD BANK (EMBARGOED UNTIL JUNE 12 AT 7:00 [...]

12 Jun 2013 | Read More »

UN / FINANCES

UN Under-Secretary-General for Management Yukio Takasu told reporters today that UN member states owe 2.8 billion US dollars in unpaid assessments to the Organization's budget, with the United States the biggest debtor. UNTV

19 Oct 2012 | Read More »

IMF / US

The U.S economy continues to recover at a tepid pace. But concerns about the euro area debt crisis and uncertainty over domestic fiscal plans are creating a challenging environment for the world’s largest economy, the International Monetary Fund (IMF) said after wrapping up its annual review of the U.S. economy. IMF

3 Jul 2012 | Read More »

UN / GLOBAL FUND PRESSER

Secretary-General Ban Ki-moon announces that (USD) $11.5 billion was replenished for the Global Fund to fight AIDS, tuberculosis and malaria for the years 2011-13. Ban said this was enough to give “millions of people living in fear a new lease on life." UNTV/ UNAIDS/ UNICEF

5 Oct 2010 | Read More »

UN / BRETTON WOODS

Speaking at the Special High-Level Meeting of ECOSOC with the Bretton Woods institutions, the World Trade Organization and the United Nations Conference on Trade and Development, Secretary-General Ban Ki-moon says that “development efforts are sagging under the weight of the crisis” and calls for a reform of the current system of global economic governance. UNTV

27 Apr 2009 | Read More »

 

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