United Nations Development Group

Türkiye has been elected as a member of the Subsidiary Committee of the Meeting of States Parties to the "UNESCO 1970 Convention," which is an international treaty to combat the illegal trade in cultural items.

Türkiye's membership in the committee will work to promote the protection of cultural assets and their return to their homelands.

Four-year membership

"The International Monetary Fund has yet to record enough banks cutting back on lending, and that could prompt the US Federal Reserve to reverse course with the rate hike cycle". This was stated by the managing director of the IMF, Kristalina Georgieva, in an interview with CNBC, quoted by Reuters.

BELGRADE - Serbian First Deputy PM and FM Ivica Dacic met on Friday with UN Under-Secretary-General and UN Environment Programme (UNEP) Executive Director Inger Andersen, who is on her first working visit to Serbia and the region.

A new targeted investment will help address the critical financing needs of Türkiye's micro, small, and medium enterprises in the agricultural sector, the International Finance Corporation (IFC) has said.

It will help in preserving jobs and aiding economic recovery, with a particular focus on earthquake-impacted areas, the IFC, a member of the World Bank Group, said in a statement.

Italy's Prime Minister Giorgia Meloni has said the International Monetary Fund should take a "pragmatic" approach to a bailout for Tunisia, in comments to other G7 leadersin Japan.

The North African country reached a deal in principle with the IMF in October for nearly $2 billion to shore up its troubled economy, but discussions have since stalled.

The investment projects contracted under the Recovery and Resilience Fund now number 145, out of a total of approximately 400 investment projects submitted to banks for financing.

The European Union has said it has made a contribution of 8 million euros to the U.N. World Food Programme (WFP) to provide food assistance for people who have been affected by the deadly earthquakes that rattled Türkiye's south in early February.

May 1st is widely known as Labour Day, a day when we celebrate the contribution of workers worldwide. It is a moment for pride, celebration and hope.

American business magnate Warren Buffett predicts new bankruptcies of American banks. Economists at the International Monetary Fund (IMF) speak of superficial stability with turmoil already manifesting below the surface.

Albania's Justice Minister, Ulsi Manja, presented a draft law on Thursday for the establishment of a local court to settle commercial disputes, after the PM announced that Albania might leave the international arbitration body.