Latest News for: World bank report

Edit

Where Did That IMF Covid Money Go?

Wall Street Journal 30 Nov 2021
SDRs are financial instruments that provide governments that are IMF shareholders access to hard currency. The IMF and World Bank normally impose strict transparency and reporting conditions on how funds may be used ... .
Edit

Exclusive-World Bank works to redirect frozen funds to Afghanistan for humanitarian aid only: sources

Metro USA 29 Nov 2021
WASHINGTON (Reuters) – The World Bank is finalizing a proposal to deliver up to $500 million from a frozen Afghanistan aid fund to humanitarian agencies, people familiar with the plans told Reuters, but it leaves out tens of thousands of public sector workers and remains complicated by U.S.
Edit

Exclusive: World Bank works to redirect frozen funds to Afghanistan for humanitarian aid only - sources

Reuters 29 Nov 2021
WASHINGTON, Nov 29 (Reuters) - The World Bank is finalizing a proposal to deliver up to $500 million from a frozen Afghanistan aid fund to humanitarian agencies, people familiar with the plans told Reuters, but it leaves out tens of thousands of public sector workers and remains complicated by U.S.
Edit

Is Nigeria’s GDP momentum sustainable?

Business Day Online 29 Nov 2021
The World Bank in their recent report titled “Business Unusual” stated that tighter monetary policy and enhanced exchange rate management are essential to reduce inflation and attract private investment ... While there is logic to the World Bank’s report, there is also logic to disagree.
Edit

World Bank is working to free up $500M in Afghanistan aid: Report

Al Jazeera 29 Nov 2021
“The proposal calls for the World Bank to transfer the money to the UN and other humanitarian agencies, without any oversight or reporting, but it says nothing about the financial sector, or how the money will get into the country,” the source said, calling US sanctions a major constraint.
Edit

Five things to watch for in the Canadian business world in the coming week (Business)

Castanet 29 Nov 2021
Five things to watch for in the Canadian business world in the coming week.. Bank earnings.. Canada’s big banks are set to report earnings this week, with Scotiabank kicking things off on Tuesday, followed by RBC and National Bank on Wednesday, CIBC and TD Bank on Thursday, and BMO on Friday.
Edit

Laos hopes for economic boost from Chinese-built railway

The Jordan Times 29 Nov 2021
... cent in 2020, the lowest level in three decades, according to the World Bank ... While the railway could boost tourism, freight and agriculture, according to a World Bank report, the government needs to undertake substantial reforms, including improving border clearance processes.
Edit

China Cash Flowed Through Congo Bank to Former President’s Cronies

Yahoo Daily News 29 Nov 2021
Supporters hailed it as a proud symbol of China’s new “win-win” model of development financing, an alternative to the strict conditions attached to lending from the Western-dominated World Bank and International Monetary Fund.
Edit

Dela Coffie's key extracts of Duffuor's Ghanaian dream lecture

Ghana Web 29 Nov 2021
"There is a need for public intervention to create a level playing field in the entire bank credit market for both the larger and smaller banks ... The World Bank indicated in their 2011 report that in 2011, Ghana was the fastest growing economy in the world with a GDP of 14.5% and a decline in interest rates to the lowest level in four decades.
Edit

A new wave of COVID-19 is a threat to Nigeria’s recovery

Business Day Online 29 Nov 2021
Nigeria, like other countries, is not safe and free from the shock of COVID-19 experience with its level of international relations with other countries of the world ... The World Bank report shows that the school’s closure in 2020 reduced the attendance of older children even after reopening, which has a significant impact on human capital.
Edit

Five things to watch for in the Canadian business world in the coming week

Moosejaw Today 28 Nov 2021
TORONTO — Five things to watch for in the Canadian business world in the coming week.. Bank earnings.. Canada’s big banks are set to report earnings this week, with Scotiabank kicking things off on Tuesday, followed by RBC and National Bank on Wednesday, CIBC and TD Bank on Thursday, and BMO on Friday.
Edit

Laos eyes boost from Chinese-built railway

Taipei Times 28 Nov 2021
While the railway could boost tourism, freight and agriculture, according to a World Bank report, the government needs to undertake substantial reforms, including improving border clearance processes ... Southivong, a senior World Bank infrastructure specialist, told reporters.
Edit

New railway to give Laos economic boost

The Manila Times 28 Nov 2021
... in 2020, the lowest level in three decades, according to the World Bank ... And while the railway could boost tourism, freight and agriculture, according to a World Bank report, the government needs to undertake substantial reforms including improving border clearance processes.
Edit

Insensitive statement

Dawn 28 Nov 2021
Quoting a World Bank report, Macro Poverty Outlook on Pakistan on Friday, he stated that the incidence of poverty in Pakistan had dropped to 4.2pc from 5.4pc a year ago ... that 37pc of the population, or nearly 80m people, still live in poverty as estimated by the same report, and ...
×