Latest News for: World bank report

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‘Not true’: IMF chief Kristalina Georgieva denies pro-China pressure on World Bank report

Indian Express 20 Sep 2021
Georgieva used a previously scheduled meeting with the IMF’s 2,700-strong staff to address findings contained in an independent report issued on Thursday on data irregularities in the World Bank’s now-canceled “Doing Business” rankings of country business climates.
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IMF chief called out over pressure to favor China while at World Bank

Business Ghana 20 Sep 2021
The report, prepared by law firm WilmerHale at the request of the bank's ethics committee, raises concerns about China's influence at the World Bank, and the judgment of Georgieva - now managing director of the International Monetary Fund - and then-World Bank President Jim Yong Kim.
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WB's call to discontinue 'Doing Business Report' irks Pak

Beijing News 20 Sep 2021
The World Bank's decision to discontinue 'Doing Business Report' has irked Pakistan as it was confident that the country would make a leap in the next report to improve the current ranking of 108th, Dawn newspaper reported ... Last week, the World Bank Group decided to discontinue ...
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World Bank's call to discontinue 'Doing Business Report' irks Pakistan

The Times of India 20 Sep 2021
The World Bank's decision to discontinue 'Doing Business Report' has irked Pakistan as it was confident that the country would make a leap in the next report to improve the current ranking of 108th, Dawn newspaper reported ... Last week, the World Bank Group decided to ...
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Afghanistan's central bank allows merchants to withdraw 25,000 U.S. dollars monthly

China.dot.org 20 Sep 2021
dollars from their bank accounts once in a month, reported a local ... Reports of freezing Afghanistan's bank assets by the United States as well as a halt of funds by the World Bank and the International Monetary Fund (IMF) have recently fueled concerns among Afghans.
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Private companies to withdraw USD 25,000 a month

Beijing News 20 Sep 2021
According to a report by Pajhwok, the salaries of 1.2 million workers of private companies are yet to be paid due to restrictions on banks ... Moreover, the International Monetary Fund and World Bank have also stoped loans, and the Financial Action Task Force warned its 39 member nations to block Taliban assets.
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Central bank group BIS warns of green asset bubble risk

Metro USA 20 Sep 2021
LONDON (Reuters) – The central bank to the world’s central banks, the ...There are signs that ESG assets’ valuations may be stretched,” the BIS, which holds regular meetings for the world’s central banks, said as part of its latest quarterly report.
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Banking for women

Dawn 20 Sep 2021
Little wonder then that the World Bank in a 2018 report strongly underscored the importance of always keeping women at the centre of financial inclusion since their access to a secure and private means of savings and financing is closely linked to their social empowerment and ...
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Evergrande's lenders weigh up loan losses, rolling over credit: Sources

Straits Times 20 Sep 2021
The Chinese banks' measures, reported for the first time, show how financial institutions in the world's second-largest economy are bracing for a possible collapse of Evergrande ... Last year, Evergrande reported total bank and other borrowings of 693.4 billion yuan - including loans ...
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China Evergrande’s lenders weigh up loan losses, rolling over credit – sources

Metro USA 20 Sep 2021
The Chinese banks’ measures, reported for the first time, show how financial institutions in the world’s second-largest economy are bracing for a possible collapse of Evergrande ... Last year, Evergrande reported total bank and other borrowings of 693.4 billion yuan ...
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World Bank: Half of all internal migrants could�be driven by climate change

Middle East Monitor 20 Sep 2021
The World Bank said 6% of the North Africa population could be displaced by climate change, in its damning Groundswell II report. The report laid ...
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Shares of China’s Evergrande tank 10 percent as debt woes roil global stocks

New York Post 20 Sep 2021
World’s largest cinema chain soon accepting cryptocurrencies ... Evergrande Group has amassed more debt than any other real estate developer in the world, reportedly owing money to hundreds of Chinese banks and foreign financial firms.Alamy Stock Photo. The company reportedly owes money to hundreds of Chinese banks and foreign financial firms.
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THE POST-COVID CHALLENGE: A manifesto for 21st century prosperity

B & FT Online 20 Sep 2021
When I began the journey that would ferry me, from a young university graduate to the corporate world of banking, and thence, into media and the world of business, I had the idealized outlook of an African citizen ... When the World Bank global GDP data was released, I wondered ...
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‘Kopyahan’ goes online under distance learning

Manila Bulletin 20 Sep 2021
20 ... For the group, the mere existence of this kind of Facebook group does not fall far from the World Bank’s report last July on Filipino student proficiency. “It can be remembered that Education Secretary Liling Briones even demanded an apology from the World Bank as the 80% poor learning results stemmed from 2018 and 2019 data,” Spark said ... READ. ... .
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Will climate migration derail the 4th industrial revolution?

GreenBiz 20 Sep 2021
The question is whether we choose to act and ensure global connectivity and prosperity — or choose a crowded and hot world ... While this presents a very positive scenario for the developing countries, as well as developed countries that might experience work shortages, the World Bank last week published a report, "Groundswell, Part 2.
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