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25 Jan 22
Lebanon’s elite have caused “long-lasting scars” on the country’s economy by causing a protracted political and economic crisis, according to a highly critical World Bank report.
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13 Jan 22
Global growth is slowing amid renewed waves of Covid-19 cases and high inflation, the World Bank’s latest Global Economic Prospects report has warned.
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28 Oct 21
Countries are depleting their resources in the search for short-term economic gains that leave their future development unsustainable, the World Bank has warned.
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12 Oct 21
Kristalina Georgieva has the “full confidence” of the International Monetary Fund’s executive board despite an investigation alleging she worked to artificially improve influential data in China’s...
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4 Oct 21
The World Bank has approved a loan of US$500m to strengthen Argentina’s efforts to contain the Covid-19 pandemic.
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28 Sep 21
A data scandal involving International Monetary Fund managing director Kristalina Georgieva threatens the credibility of the Bretton Woods system, according to US senators.
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23 Sep 21
World Bank researchers expect 52 countries to cut spending per head to below pre-pandemic levels in the next five years, despite the world economy gradually recovering from the Covid-19 crash.
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25 Aug 21
The World Bank has stopped funding aid programmes in Afghanistan in light of the Taliban taking control of the country.
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15 Jul 21
An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
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12 Jul 21
Climate change mitigation policies need to take into account a country’s level of development and poorer countries’ economies must still be allowed to grow, World Bank president David Malpass has...
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15 Jun 21
Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
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27 May 21
Russia’s aim to halve poverty by 2030 would be easier and more cost-effective if it introduced a guaranteed minimum income programme rather than expand its existing social safety net, the World Bank...
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12 May 21
The widespread nature of the 'informal economy' in developing countries leaves governments with fewer resources with which to support the economic recovery from Covid-19, a World Bank study has found.
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16 Mar 21
Malaysia is likely to become a high-income economy between 2024 and 2028 but must ensure its development is sustainable, the World Bank has said.
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12 Feb 21
The Rwandan economy has fallen into its first recession in more than 25 years, with the World Bank warning it risks years of gains in poverty reduction.
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15 Dec 20
The global debt crisis is making it difficult for development banks to help countries through the pandemic, with money going to creditors rather than public services, the World Bank’s managing...
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23 Oct 20
Public finance management reforms in the Pakistani state of Punjab have been boosted by $304m of World Bank financing as the government hopes to generate savings and create fiscal space for growth-...
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25 Sep 20
Curbing corruption is more important than ever amid the pandemic, the World Bank has argued in a report.
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8 Sep 20
Lebanon’s failure to meet the World Bank’s conditions for the financing of a dam has led to the project being cancelled, losing the country millions of dollars as it still reels from the August...
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17 Apr 20
G20 countries have agreed a finance plan to help some of the poorest countries in the world during the coronavirus pandemic.
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26 Mar 20
The International Monetary Fund and World Bank are calling on G20 countries to step up debt relief for poorer nations, during the coronavirus pandemic.
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26 Mar 20
Somalia has been successfully granted debt relief by the International Monetary Fund and World Bank, as it looks to ease its $5.2bn debt.
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6 Mar 20
World financial institutions and governments this week rushed to provide billions of dollars to fight the coronavirus outbreak and support the economy.
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28 Oct 19
Madagascar has a “window of opportunity” to transform its economy to boost job creation and lift people out of poverty, according to the World Bank.
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22 Oct 19
China must “substantially restructure” its approach to development finance through its Belt and Road Initiative to quash accusations of ‘debt trap diplomacy’, a think-tank has said.
25 Jan 22Lebanon’s elite have caused “long-lasting scars” on the country’s economy by causing a protracted political and economic crisis, according to a highly critical World Bank report.
13 Jan 22Global growth is slowing amid renewed waves of Covid-19 cases and high inflation, the World Bank’s latest Global Economic Prospects report has warned.
28 Oct 21Countries are depleting their resources in the search for short-term economic gains that leave their future development unsustainable, the World Bank has warned.
12 Oct 21Kristalina Georgieva has the “full confidence” of the International Monetary Fund’s executive board despite an investigation alleging she worked to artificially improve influential data in China’s...
4 Oct 21The World Bank has approved a loan of US$500m to strengthen Argentina’s efforts to contain the Covid-19 pandemic.
25 Aug 21The World Bank has stopped funding aid programmes in Afghanistan in light of the Taliban taking control of the country.
15 Jul 21An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
12 Jul 21Climate change mitigation policies need to take into account a country’s level of development and poorer countries’ economies must still be allowed to grow, World Bank president David Malpass has...
15 Jun 21Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
27 May 21Russia’s aim to halve poverty by 2030 would be easier and more cost-effective if it introduced a guaranteed minimum income programme rather than expand its existing social safety net, the World Bank...
12 May 21The widespread nature of the 'informal economy' in developing countries leaves governments with fewer resources with which to support the economic recovery from Covid-19, a World Bank study has found.
16 Mar 21Malaysia is likely to become a high-income economy between 2024 and 2028 but must ensure its development is sustainable, the World Bank has said.
12 Feb 21The Rwandan economy has fallen into its first recession in more than 25 years, with the World Bank warning it risks years of gains in poverty reduction.
23 Oct 20Public finance management reforms in the Pakistani state of Punjab have been boosted by $304m of World Bank financing as the government hopes to generate savings and create fiscal space for growth-...
25 Sep 20Curbing corruption is more important than ever amid the pandemic, the World Bank has argued in a report.
8 Sep 20Lebanon’s failure to meet the World Bank’s conditions for the financing of a dam has led to the project being cancelled, losing the country millions of dollars as it still reels from the August...
17 Apr 20G20 countries have agreed a finance plan to help some of the poorest countries in the world during the coronavirus pandemic.
26 Mar 20Somalia has been successfully granted debt relief by the International Monetary Fund and World Bank, as it looks to ease its $5.2bn debt.
6 Mar 20World financial institutions and governments this week rushed to provide billions of dollars to fight the coronavirus outbreak and support the economy.
28 Oct 19Madagascar has a “window of opportunity” to transform its economy to boost job creation and lift people out of poverty, according to the World Bank.
22 Oct 19China must “substantially restructure” its approach to development finance through its Belt and Road Initiative to quash accusations of ‘debt trap diplomacy’, a think-tank has said.
