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Results for

world bank

115 Results
  • Lebanon crisis among world’s worst since 1850s: World Bank

    Lebanon crisis among world’s worst since 1850s: World Bank

    Lebanon’s economic collapse is likely to rank among the world’s worst financial crises since the mid-19th century, the World Bank said in a damning ...
    Middle East
  • Saudi Arabia’s digital investments have eased coronavirus burden, says World Bank

    Saudi Arabia’s digital investments have eased coronavirus burden, says World Bank

    Saudi Arabia’s investments in digital infrastructure have eased the burden of coronavirus lockdown measures, the World Bank said in a blog post Monday ...
    Coronavirus
  • Coronavirus: Palestinian economy could shrink by 11 pct, warns World Bank

    Coronavirus: Palestinian economy could shrink by 11 pct, warns World Bank

    The Palestinian economy could shrink by as much as 11 percent in the coming year as the coronavirus pandemic inflicts yet another blow to the ...
    Economy
  • Coronavirus: IMF, World Bank urge deferral of debt payments by poorest nations

    Coronavirus: IMF, World Bank urge deferral of debt payments by poorest nations

    The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world’s poorest nations so ...
    Economy
  • World Bank announces up to $12 bln funds for coronavirus

    World Bank announces up to $12 bln funds for coronavirus

    The World Bank on Tuesday announced an initial $12 billion in immediate funds to assist countries grappling with the health and economic impacts of ...
    Economy
  • World Bank ‘pandemic bond’ under pressure as coronavirus spreads

    World Bank ‘pandemic bond’ under pressure as coronavirus spreads

    A World Bank bond designed to deliver funding to help the world’s poorest countries to tackle fast-spreading diseases has lost half its value as ...
    Economy
  • World Bank calls for global effort against coronavirus

    World Bank calls for global effort against coronavirus

    The World Bank called on Monday for countries to step up programs to fight the new coronavirus outbreak, and said it was considering mobilizing its ...
    Economy
  • Saudi Arabia leads in women’s legal gains at work: World Bank

    Saudi Arabia leads in women’s legal gains at work: World Bank

    Women’s rights at work have improved globally since 2017, the World Bank said on Tuesday, with 40 countries introducing rules such as longer ...
    Economy
  • Lebanon’s Hariri discusses possible technical assistance with World Bank, IMF

    Lebanon’s Hariri discusses possible technical assistance with World Bank, IMF

    Lebanon’s caretaker prime minister Saad Hariri on Thursday asked international funding bodies for support in drawing up an emergency rescue plan ...
    Economy
  • Lebanon dollar-bonds rally on IMF, World Bank support hopes

    Lebanon dollar-bonds rally on IMF, World Bank support hopes

    Lebanon’s sovereign dollar-denominated bonds rallied on Thursday after caretaker Prime Minister Saad Hariri discussed the possibility of ...
    Economy
  • World Bank to reduce lending to China

    World Bank to reduce lending to China

    The World Bank said on Saturday its lending to China has fallen sharply and will continue to be pared back, after US President Donald Trump demanded ...
    Economy
  • Trump calls for World Bank to stop loaning to China

    Trump calls for World Bank to stop loaning to China

    US President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to ...
    Economy
  • China needs to ensure policies boost economy: Premier Li

    China needs to ensure policies boost economy: Premier Li

    China needs to make better use of its various policy tools to boost the economy, Premier Li Keqiang said on Thursday. All possible means ...
    Economy
  • World Bank ready to support Lebanon, urges quick formation of new cabinet

    World Bank ready to support Lebanon, urges quick formation of new cabinet

    The World Bank said on Wednesday it stood ready to back a new Lebanese government and warned that the country had no time to waste to fix economic ...
    Economy
  • Saudi Maaden plays ‘key’ role in mining sector development: CEO

    Saudi Maaden plays ‘key’ role in mining sector development: CEO

    Darren Davis, CEO of Saudi Arabian Mining Company (Maaden), said the Kingdom's investments were key in developing the country's mining industry, ...
    Economy
  • Saudi Arabia jumps 30 spots in ease of doing business index

    Saudi Arabia jumps 30 spots in ease of doing business index

    Saudi Arabia jumped 30 places in the World Bank’s Ease of Doing Business 2020 Index and took the 62nd position, making the Kingdom the ...
    Economy
  • IMF, World Bank see Brexit deal boosting global growth outlook

    IMF, World Bank see Brexit deal boosting global growth outlook

    World Bank President David Malpass said on Thursday that clarity over Britain’s exit from the European Union would strengthen the outlook for ...
    Economy
  • World Bank sees Algeria’s 2019 GDP growth at 1.3 percent

    World Bank sees Algeria’s 2019 GDP growth at 1.3 percent

    The World Bank said on Thursday it expected Algeria’s economy to grow by 1.3 percent this year, down from 1.5 percent in 2018 and lower than the ...
    Economy
  • Sudan launches 9-month economic rescue plans: Finance minister

    Sudan launches 9-month economic rescue plans: Finance minister

    Sudan’s transitional government will launch in October a 9-month economic rescue plan to stabilize the economy, Finance Minister Ibrahim ...
    Economy
  • Liquidity crunch choking Palestinian economy: World Bank

    Liquidity crunch choking Palestinian economy: World Bank

    Despite last month’s receipt from Israel of funds it owed, the Palestinian Authority still faces a financing gap that could top $1.8 billion, ...
    Middle East
  • World Bank says ‘no indication’ China misused loan for Uighur schools

    World Bank says ‘no indication’ China misused loan for Uighur schools

    The World Bank said Thursday it is again reviewing a loan to China to provide vocational education to the Muslim Uighur minority, but has “no ...
    World News
  • World Bank: Lebanon reforms on sound path but must not stop

    World Bank: Lebanon reforms on sound path but must not stop

    Lebanon has taken a sound path with reforms in its 2019 draft budget and power sector but it will have to keep going, World Bank MENA vice president ...
    Economy
  • World Bank downgrades its forecast for global economy

    World Bank downgrades its forecast for global economy

    The World Bank on Tuesday downgraded its forecast for the global economy in light of trade conflicts, financial strains and unexpectedly sharp ...
    Economy
  • World nations failing the poorest on energy goals: Study

    World nations failing the poorest on energy goals: Study

    More than 150 million people are gaining access to electricity every year, reducing the ranks of those who live without power, but this is not enough ...
    Features
  • Chill in global economy prompts G20 call for trade truce

    Chill in global economy prompts G20 call for trade truce

    The risk that global economic growth could slow more than expected spurred a call on Friday from top finance officials for countries to overcome trade ...
    Economy
  • IMF says global economy cooling, coordinated stimulus may be needed

    IMF says global economy cooling, coordinated stimulus may be needed

    The global economy is slowing more than expected and a sharp downturn could require world leaders to coordinate stimulus measures, the International ...
    Economy
  • World Bank board elects US Treasury’s Malpass as next president

    World Bank board elects US Treasury’s Malpass as next president

    David Malpass, US President Donald Trump’s nominee to lead the World Bank, won unanimous approval from the institution’s executive board ...
    Economy
  • ‘Precarious’ global rebound expected in late 2019: IMF’s Lagarde

    ‘Precarious’ global rebound expected in late 2019: IMF’s Lagarde

    Global growth in 2019 should be even slower than previously expected but a “precarious” rebound later this year is likely, the head of the ...
    Economy
  • World Bank: Lebanon economic reforms ‘not at expected level’

    World Bank: Lebanon economic reforms ‘not at expected level’

    Lebanon has not done enough to enact economic reforms, its Finance Ministry cited a World Bank official as saying on Friday, pointing to the impending ...
    Economy
  • Trump pick Malpass headed for top World Bank job

    Trump pick Malpass headed for top World Bank job

    US President Donald Trump’s pick to lead the World Bank appeared headed for approval as a nomination deadline passed on Thursday with no ...
    Economy
You’ve viewed 30 of 115 results
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