World Bank Report

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Philippines marks second year as World Bank's 5th largest borrower under President Marcos

Manila Bulletin 21 Oct 2024

The World Bank's latest Annual Report disclosed on Oct ... As Manila Bulletin first reported, the World Bank's board is expected to approve by December of this year the lender's Philippines Country ...

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Hundreds flee Israeli strikes on Hezbollah’s financial arm in Beirut

The Times/The Sunday Times 21 Oct 2024

“There was an Al-Qard Al-Hassan bank here on the ground floor,” he said. “They hit the bank and took down the whole. World ... Our reporter’s life in Gaza — and how she fled with her children ...

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‘Nightmare in Gaza is intensifying’: UN peace envoy for Middle East

Jurist 21 Oct 2024

The UN Office for the Coordination of Humanitarian Affairs reported last week that since October 7, 2023, more than 700 Palestinians have been killed in the West Bank, while The World Food Programme ...

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BRICS+ consolidating partnership with Africa

B & FT Online 21 Oct 2024

Egypt and Ethiopia (both BRICS members) are engrossed with funding from IMF and the World Bank ... According to June report from the World Bank, Africa’s real GDP growth, which dropped to 3.1 percent in 2023 from 4.1 percent in 2022.

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Ethiopia’s strategic focus: Enhancing livestock and cold supply chains for global agribusiness growth

Capital Ethiopia 21 Oct 2024

The country has made strides toward adding value to its mineral resources before export, a move highlighted in the World Bank report (2021) which underscores the critical role of resource transformation in economic development.

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Nigeria and the 2024 Nobel Prize

This Day 21 Oct 2024

According to the World ... According to a 2019 report by the World Bank, the mismanagement of resources and poor governance have cost Nigeria over $300 billion in revenue losses over the past 30 years.

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Beyond success: the search for meaning in the leadership landscape

B & FT Online 21 Oct 2024

Yet, as the economy thrives, many Ghanaians report feelings of dissatisfaction ... However, a 2022 report by the World Bank highlighted a significant skills gap in the workforce, with only 38% of graduates possessing the skills demanded by employers.

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Tension between Cold Data and Harsh Reality

This Day 20 Oct 2024

Last week, the World Bank made three key and coordinated interventions about the economic reforms of the current administration ... I think World Bank’s position is more nuanced than it is coming across in the press and on social media.

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SMEs in Qatar have potential to grow

Gulf-Times 20 Oct 2024

The report was produced by the Global Entrepreneurial Monitor (GEM), in collaboration with Qatar Development Bank.Total Early-stage Activity in setting up businesses, known as the TEA rate, is 15.4% among men and 13.1% in women.

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Poverty rate to stay near 40pc until 2026: WB

Dawn 20 Oct 2024

Poverty reduction in the country is expected to gradually resume as the nation makes progress on reforms and macroeconomic stability, according to a new report from the World Bank.

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Degrowth needs to solve its image problem for the sake of the planet

The Observer 20 Oct 2024

A report from the World Bank this week illustrated the point, noting that on current trends it would take more than three decades to lift the near-700 million living on less than $2.15 a day out of extreme poverty.

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Remitly stock has multiple catalysts and could surge soon

Invezz 20 Oct 2024

Banks are key competitors since the SWIFT network has made it cheaper and faster for people to send money around the world ... A report by the World Bank shows that remittances to low- and middle-income countries rose to $656 billion in 2023.

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World Bank report on poverty: 700 million people are surviving on less than $1.90 a day

Invezz 19 Oct 2024

A recent report from the World Bank highlights a pressing global issue ... Statista reports that the World Bank utilizes varying poverty thresholds, with $3.65 per person per day applicable to ...

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Strategic Communications

Gallup 19 Oct 2024

We've been reporting on the will of the world for over 80 years, giving us a unique relationship with the press ... The World Bank Monitors Progress on ... Read the Full Story about monitoring world bank progress on financial inclusion.

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World Bank offers strategies for the Caribbean to escape the ‘middle-income’ trap - Jamaica Observer

Jamaica Observer 19 Oct 2024

BRIDGETOWN, Barbados (CMC) \u2014\u00a0A new report by the World Bank has found that middle-income countries, including those in the Caribbean, are in a race against time to raise their income levels.