Tag: World Bank
Money transfers by migrant workers on the rise, says World Bank report
Remittances from migrant workers are crucial for families during difficult times. According to the latest World Bank report, these transfers increased in 2023, but less than the previous two years.…
towards an agreement on the country’s external debt, according to the IMF
Zambia is on the verge of signing an agreement on its external debt with its creditors, according to an IMF spokesperson, who qualifies the comments of Kristalina Georgieva, the boss…
Growth in sub-Saharan Africa continues to slow
This is the observation made by the World Bank. The financial institution published its World Economic Outlook on Tuesday, June 7. The picture drawn is rather gloomy. The prospects for…
While the global economic growth was on the decline, the World Bank raised its growth forecast for Turkey!
In the analysis in the Global Economic Prospects Report published in June, the World Bank stated that while the global economic growth was 3.1 percent last year, it will decline…
World Bank allocates $300 million to Lebanon for its ‘social safety net’
The World Bank has allocated this Saturday, May 27, an additional 300 million dollars for “ strengthen the social safety net in Lebanon, hit by a multifaceted crisis that has…
the reform of the World Bank would bring an additional 50 billion dollars
The US economy should continue to grow despite the crisis in the banking sector. This is Janet Yellen’s forecast, which anticipates a drop in inflation. In an interview with AFP,…
World Bank President David Malpass resigns
The American announced on Wednesday February 15 that he would leave his post by June 30, one year from the end of his term. He hasn’t given a specific reason,…
a World Bank report for action
Climate and development, a report for action. On the eve of COP27, the World Bank publishes a global report on a series of studies carried out in more than 20…
After the Indian wheat embargo, the World Bank tries to prevent famines
On the markets, the price of wheat soared again after India announced an embargo on its exports. The World Bank says it is ready to release twelve billion dollars to…
The World Bank is waiting for answers from the Central African Republic to disburse its aid
“ The situation looks very worrying for the State’s treasury “, according to the Central African Minister of Finance returning from Washington. He explained that he could not count on…