United Nations Development Group

Climate change sparked a trail of extreme weather and record heat in 2024, the United Nations said on Monday, urging the world to pull back from the "road to ruin."

The outgoing year is set to be the warmest ever recorded, the U.N.'s weather and climate agency said, capping a decade of unprecedented heat.

BELGRADE - The IMF Executive Board decided on Monday the fourth and last review of the implementation of the current stand-by arrangement concluded with Serbia in December 2022 for a period of 24 months has been completed successfully, and approved a three-year Policy Coordination Instrument, the National Bank of Serbia (NBS) has said.

A Memorandum of Cooperation for the support of children’s rights in Greece has been signed by the University of Thessaly and UNICEF. In the framework of the cooperation between the two institutions, the establishment of a Centre for the Rights of the Child, based at the University in Volos, is being inaugurated.

Humanitarian Affairs and Emergency Relief Coordinator (OCHA) Under-Secretary-General Tom Fletcher holds the Global Humanitarian Overwiew 2025 report during a press conference in Geneva on Dec. 3, 2024

According to UNICEF, at least 2,406 children have been killed or injured in the war in Ukraine, with verified reports marking nearly 1,000 days since the conflict began. This toll includes 659 children killed and 1,747 injured, averaging at least 16 children harmed each week.

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has mobilized a $3.6 billion investment package for Türkiye, in the fiscal year from July 2023 to June 2024.

A bill ratifying International Monetary Fund quota increases for member-countries was approved in the Greek Parliament's Standing Committee on Economic Affairs on Tuesday, and was tabled in the plenary on Wednesday.

Poorer nations are increasingly struggling to navigate the sluggish global economy, the UN has warned, calling for a fundamental rethinking of development strategies.

A report from the United Nations' trade and development agency UNCTAD highlighted how slow growth, soaring debt burdens, and weak investment and trade, were holding back developing countries.

The strong interest in Türkiye clearly shows that the economic program is progressing on the right track, Finance Minister Mehmet Şimşek said, assessing his recent visit to the United States.

WASHINGTON - Serbian First Deputy PM and Finance Minister Sinisa Mali said Serbia would succeed in keeping its fiscal deficit below 3 pct over the course of a new three-year arrangement with the IMF and complete all planned projects.