Browsing: World Bank

Ethiopia will receive $10.5 billion in support over the coming years if long-running negotiations with the International Monetary Fund and World Bank are successful, Prime Minister Abiy Ahmed said on Thursday.

The World Bank’s annual national income rankings, released on Monday, showed that Russia has advanced from “upper middle” to “high” category on the strength of its economic growth.

The World Bank has raised its growth forecast for the Russian economy based on revised figures published on Tuesday. 

The report emphasizes that the Government’s SOE reform programme is outlined in the recent SOP, subsequent policy statements, and associated regulations

Banga, who is attending a meeting of Group of Seven finance ministers who are hashing out the concept of such a loan

One in every three Lebanese “was poverty-stricken in 2022,” the World Bank said in a report covering about 60 percent of the country’s population

Prime Minister, Mohammad Mustafa, met with a delegation from the World Bank, headed by Managing Director of Operations Anna Bjerde,…

Kuwait’s economic growth (real GDP) projection for 2024 was revised by the World Bank to 2.8% y/y, higher than the 2.6% y/y forecasted earlier in January 2024 owing to expectations of phasing out of OPEC+ production cuts, according to Kuwait Financial Centre (Markaz).

WASHINGTON DC: A knowledge hub will be established in Saudi Arabia in a partnership between the Kingdom’s National Competitiveness Center and the World Bank Group, it was announced in Washington DC on Friday.

AMMAN — Food prices in Jordan increased by 1.8 per cent by the end of February, according to a monthly report by the World Bank, while the Department of Statistics indicated a rise in the inflation rate in Jordan by 1.57 per cent during the same month compared to February 2023.