Results for
World Bank
119 Results-
IMF, World Bank annual meeting to proceed in Marrakech despite earthquake tragedy
The International Monetary Fund (IMF), the World Bank and Morocco on Monday announced the annual meetings of the two global institutions would proceed ... North Africa -
Morocco wants IMF-World Bank meetings to proceed despite quake losses
The Moroccan government wants to proceed with International Monetary Fund-World Bank annual meetings scheduled for October in Marrakech despite ... North Africa -
India shows an impressive 7.8 percent economic growth in April-June quarter
India’s economy registered impressive growth of 7.8 percent in the first quarter of the current financial year (April-June), attributed to good ... World News -
World Bank and IDB to scale up development initiatives across Western Hemisphere
The MoU aims at fighting climate change along with other global challenges World News -
Climate change may increase conflict deaths in fragile, war-torn states, says IMF
Climate change is likely to worsen conflicts in fragile and war-torn states, resulting in higher death rates and greatly reduced GDP, the ... World News -
World Bank suspends disbursements for Niger operations except for private sector
The World Bank on Wednesday said it was “alarmed” by efforts to overthrow the democratically elected government in Niger and had suspended ... World News -
G20 meeting: Yellen says ‘eager’ to work with China on debt, other global challenges
US Treasury Secretary Janet Yellen said on Sunday she was “eager” to work with China on areas of mutual interest, including debt restructurings for ... World News -
World Bank, WTO chiefs call to revive services trade talks in order to reduce poverty
The heads of the World Bank and the World Trade Organization on Monday called for countries to boost efforts to make trade in global services more ... Economy -
World Bank lifts 2023 global growth forecasts, but cuts next year’s outlook
The World Bank on Tuesday raised its 2023 global growth forecast as the US and other major economies have proven more resilient than forecast, but ... Economy -
Egypt’s population hits staggering 105 million people: Statistic’s agency
Egypt’s population hit a staggering 105 million people, growing by 1 million in just eight months, the country’s Central Agency for Public ... Middle East -
World Bank to give Lebanon additional $300 million as crisis continues to worsen
The World Bank will dispatch $300 million in additional financing for the most vulnerable families in Lebanon, a country mired in what the lender ... Economy -
Lebanon economy now increasingly cash-based over lack of trust over banks: World Bank
The World Bank has warned that nearly half of crisis-hit Lebanon’s economy is now cash-based as trust in banks has plummeted, heightening money ... Middle East -
G7 plans new vaccine program for developing nations: Report
The Group of Seven (G7) rich nations is set to agree on establishing a new program to distribute vaccines to developing countries at next week’s ... World News -
US pick Ajay Banga confirmed as next World Bank president
The World Bank confirmed Ajay Banga was selected as its next president on Wednesday, taking charge at a pivotal time for the development lender as it ... World News -
World Bank to help finance $200 mln for Ukrainian energy infrastructure repairs
The World Bank said on Wednesday it would finance $200 million to help fix Ukraine’s energy and heating infrastructure, with partners and others to ... World News -
Pakistan kicks off outsourcing operations, land assets at three airports
Pakistan on Thursday kicked off outsourcing of operations and land assets at three major airports to be run through a public private partnership, a ... Economy -
World Bank warns of ‘lost decade’ as growth slows following COVID-19, Ukraine
The global economy’s potential growth through the end of the decade has slowed to the weakest in 30 years, the World Bank said, citing fallout from ... Economy -
US World Bank nominee Ajay Banga tests positive for COVID in India, meetings canceled
US World Bank nominee Ajay Banga tested positive for COVID-19 while on an official visit to India, according to a statement released Friday.Banga, a ... Coronavirus -
Ukraine needs $411 bn for reconstruction, recovery: World Bank
Ukraine’s needs for reconstruction and recovery have grown to $411 billion, just over a year since Russia’s invasion of the country, the World Bank ... World News -
World Bank sets conditions for Lebanon to access electricity funding
Lebanon has to audit its state electricity company among other reforms the World Bank has required before it will consider funding Lebanon’s worn-down ... Middle East -
US pick to lead World Bank, Ajay Banga, wins more support
Three Nobel laureates and dozens of civil society, climate change and philanthropic leaders on Thursday endorsed US President Joe Biden’s nominee to ... World News -
Russia considering challenge to US nominee to head World Bank
Russia is consulting with its allies about challenging the US nominee to head the World Bank, Moscow’s top representative at the bank said on Tuesday, ... World News -
Earthquakes caused $5.1 bln in damage in Syria, World Bank estimates
The deadly earthquakes that hit Turkey and Syria last month caused about $5.1 billion in direct physical damage in Syria, the World Bank said on ... Middle East -
US to nominate ex-Mastercard CEO Banga for World Bank president
President Joe Biden will nominate former Mastercard Chief Executive Officer Ajay Banga in a surprise pick to be the next president of the World Bank ... Economy -
World Bank to open nominations for successor to David Malpass
The World Bank on Thursday will open a five-week period for nominations to succeed President David Malpass, days after he announced his early ... Economy -
Who could replace World Bank President David Malpass?
David Malpass, president of the World Bank, unexpectedly said on Wednesday that he would resign in June, leaving open a job that oversees billions of ... World News -
Malpass surprises with early World Bank exit
World Bank President David Malpass on Wednesday said he would leave his post by the end of June, months after running afoul of the White House for ... Economy -
Lebanon pleads for aid at World Government Summit in Dubai
Cash-strapped Lebanon is trying to convince donors that their money will be spent “in the right way” as its usual backers remain wary of extending aid ... Middle East -
World Bank urges Egypt to be more transparent, loosen state grip on economy
Egypt needs to get more transparent about its debt, and that includes amounts owed by state-owned enterprises in an economy where the government plays ... Economy -
US ‘clear-eyed’ about threat Hezbollah poses to Lebanon: State Department
Combating Hezbollah’s influence and shoring up Lebanon’s stability and security remain key objectives for the Biden administration, the official said. Middle East