Latest News for: World bank report


Education Minister fingered in $1.2 million ‘phantom’ training scandal

Joy Online 26 May 2022
The letter also added that “GES is unaware of reports and correspondence between the Education Ministry and the World Bank and is unable to make an informed response to the Banks request” ... Gyasi and submitted to the World Bank concluded that it has “exceeded the target of 40,000 ...

World Bank rules out new loan commitments to crisis-hit Sri Lanka

India TV 25 May 2022
The statement by the World Bank came on Tuesday following reports that the Washington-based institution was planning to support Sri Lanka to overcome the financial crisis in the form of a bridge loan or new loan commitments ... Recent media reports have ...

World Bank rules out new financing to crisis-hit Sri Lanka

The Telegraph India 25 May 2022
The statement by the World Bank came on Tuesday following reports that the Washington-based institution was planning to support Sri Lanka to overcome the financial crisis in the form of a bridge loan or new loan commitments ... Recent media reports have inaccurately stated that the ...

Pakistan: Over USD 13 billion debt incurred in 10 months

Beijing News 25 May 2022
Among multilateral development partners, mainly the Asian Development Bank provided USD 1.454 billion and the World Bank disbursed USD 1.189 billion ... The World Bank has highlighted the structural weaknesses of Pakistan's economy which include low investment, low exports, and a low productivity growth cycle.

New group to tackle water security unveiled at Davos

Reuters 25 May 2022
May 25 (Reuters) - To contend with worsening water woes, experts on Wednesday launched a new global commission to study the value of the world's water, and work out ways of ensuring supply ... Water scarcity could cost some countries up to 6% of their annual gross domestic product by 2050, researchers estimated in a 2016 World Bank report.

Sugar is the next food you might have a hard time getting your hands on ...

Business Insider 25 May 2022
India is the world's second-largest producer and exporter of sugar after Brazil ... India is the world's largest sugar consumer and celebrates its biggest festival, Diwali, in October this year ... Prices of food and fertilizers have risen the most since 2008 due to Russia's invasion of Ukraine, the World Bank said in an April report.

Global carbon pricing schemes raised $84 billion in 2021, World Bank says

Reuters 24 May 2022
LONDON, May 24 (Reuters) - Countries around the world raised $84 billion last year by charging firms for emitting carbon dioxide, up around 60% from 2020 as prices in many schemes hit record highs and a handful of new carbon levies were launched, the World Bank said in a report on Tuesday.

GCC economies to expand by 5.9% in 2022: World Bank

Gulf Daily News 24 May 2022
The economies of the GCC are projected to expand by 5.9% overall in 2022, with this recovery likely to continue in the medium-term, driven by the hydrocarbon and non-hydrocarbon sectors, said the World Bank in a new report. The latest issue of the World Bank’s Gulf Economic ...

Review suggests Israeli fire killed Al Zareeza journalist

The Mercury News 24 May 2022
Abu Akleh’s death has further heightened Mideast tensions amid a wave of violence and raised new concerns over the safety of reporters covering Israel’s nearly 55-year military occupation of the West Bank, which the Palestinians want as the main part of their future state ... Al Jazeera reporter shot dead during Israeli raid in West Bank.

Global carbon pricing schemes raised $116b in 2021: World Bank

Straits Times 24 May 2022
... were launched, the World Bank said in a report on Tuesday (May 24).

Stimulating growth in manufacturing in Africa

Business Ghana 24 May 2022
According to the World Bank, much of this growth can be attributed to the increased number of African countries that are now in the manufacturing sector. The World Bank also reported that Africa is now the largest manufacturing exporter in the world.

US, World Bank Top List Of Foreign Aid Donors To Jordan, Contributing $8.5B

MENA FN 24 May 2022
(MENAFN - Jordan Times) AMMAN – In a report presented by the Planning Ministry on Sunday, the US and the World Bank topped the list of foreign aid donors to Jordan over the past four years, ... .

Imperative to address Baloch insurgency

Asiatimes 24 May 2022
The 17-year Baloch separatist movement is entering a new phase that could pose more challenges for the state of Pakistan ... It is also rich in resources ... Reports of the World Bank (2008, 2015) and the UN Development Program (2018) have clearly declared Balochistan as the most underdeveloped province of Pakistan ... ....

Saudi economy to grow 7 percent in 2022, ahead of other GCC countries: World Bank report

Arab News 23 May 2022
... Economic Update report by the World Bank ... The World Bank report added that the GCC economies are strongly rebounding after the COVID-19 pandemic, which is primarily accelerated by a massive vaccination rollout, ease in restrictions and developments in the hydrocarbon market.

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