World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system.

The World Bank's official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of Capital investment.

World Bank Group

The World Bank is not to be confused with the World Bank Group, an extended family of five international organizations:

International Bank for Reconstruction and Development (IBRD)

International Development Association (IDA)

International Finance Corporation (IFC)

Multilateral Investment Guarantee Agency (MIGA)

International Centre for Settlement of Investment Disputes (ICSID)

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/World_Bank

Latest News for: World bank report

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Sub-Saharan Africa to fall into recession in 2020, says World Bank

Canada Dot Com 09 Apr 2020

NAIROBI — The rapidly-spreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years, the World Bank said in a new forecast on Thursday ... hard,” World Bank Vice President for Africa Hafez Ghanem said....

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Coronavirus crisis could plunge half a billion people into poverty: Oxfam

Moneycontrol 09 Apr 2020

The report released by the Nairobi-based charity ahead of next week's International Monetary Fund (IMF)/World Bank annual meeting calculated the impact of the crisis on global poverty due to shrinking household incomes or consumption ... The report released by the Nairobi-based ......

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Coronavirus crisis could plunge half a billion people into poverty - Oxfam

Yahoo Daily News 09 Apr 2020

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Think tank predicts global economic depression

Manila Standard Today 09 Apr 2020

In its report titled “East Asia and Pacific in the Time of COVID-19”, the World Bank said economic growth in the Philippines woud slow to 3 percent in “a scenario of severe growth slowdown followed by a strong recovery.” It said a “lower-case” ......

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Yuan in tight range on calmer dollar, finds support on stimulus talk

Canada Dot Com 09 Apr 2020

world’s second-largest economy, state media reported. Weighing against this, however, was the central bank’s ... bank who sees the currency steadying near the 7.05 barrier ... Australia Bank, said the PBOC’s balanced approach has kept the ... reporting more new infections, with 63 on Thursday ... (Reporting by Noah Sin; Editing by Sam Holmes) ....

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Virus could push half a billion people into poverty

BBC News 09 Apr 2020

The findings come ahead of key meetings of the World Bank, International Monetary Fund (IMF) and G20 finance ......

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What links coronavirus and climate change: Lack of preparation

The Keene Sentinel 08 Apr 2020

The World Bank and the World Health Organization have together put out a new report on pandemic preparedness ... the joint World Bank-WHO panel projected ... Also in September 2019, the World Bank participated in the publication of a different report, on preparing against climate change....

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Morocco uses IMF precautionary and liquidity line amid COVID-19 crisis

Xinhua 08 Apr 2020

... central bank said in a statement on Wednesday ... This measure will allow the North African country to benefit from additional loans from international institutions such as the World Bank and the African Development Bank....

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Amid Global Pandemic, Israel and PA Find Ways to Cooperate

The Algemeiner 08 Apr 2020

JNS.org – At the time of this writing, Israel has suffered more than 8,600 confirmed cases of the coronavirus (COVID-19) and counted 56 deaths — with the Palestinian-administered areas of the West Bank and Gaza reporting more than 237 confirmed cases, with at least one confirmed death ... The virus has wreaked havoc all over the world....

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REUTERS NEWS SCHEDULE AT 10 PM GMT/ 6 AM SGT

Canada Dot Com 08 Apr 2020

World Bank publishes report on economic impact of COVID-19 on Africa. World Bank releases its first report on the economic impact of COVID-19 on the Africa region and will include region, including economic growth and poverty projections and policy recommendations for countries in the region facing what it says is a new global shock....

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Cluster level action plan key to dealing with disasters: Home ministry study

The Times of India 08 Apr 2020

The loss of lives and livelihood caused by disasters in India is best depicted by an assessment of the World Bank's 2013 report, the Home ministry study says and quotes ... “Monitoring and evaluation embedded within the flagship schemes need to ensure adequate scope for monitoring of mainstreaming of DRR,” the report said....

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Informal sector deals up with Covid-19 impact

Kuensel 08 Apr 2020

The World Bank report on Bhutan’s labour market found that informal labour was of particular concern as it is widespread among the general population and endemic in certain groups, such as individuals with low education, from rural areas, and from poor households....

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Global Automated Container Terminal Industry

The Salamanca Press 08 Apr 2020

Read the full report ... - Representing the developed world, the United States will maintain a 2.8% growth momentum ... (ZPMC)Starcom Systems Ltd.Tidework TechnologyTotal Soft Bank Ltd.World Crane Services. Read the full report ... INTRODUCTION, METHODOLOGY & REPORT SCOPE ... Extent of Container Terminal Automation around the World ... Read the full report....