World Bank
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Closing Of Nominations For World Bank Group President
The World Bank Group’s Board of Executive Directors yesterday, March 30, 2023, confirmed that as announced on February 22, the…
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Banking and Finance
Sharp, Long-Lasting Slowdown To Hit Developing Countries Hard – World Bank
World Bank President, David Malpass Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced…
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Banking and Finance
How Debt-Service Payments Put Biggest Squeeze on Poor Countries
World Bank President, David Malpass *IDA Countries’ Debt-Service Payments Projected to Top $62 Billion in 2022 The poorest countries eligible…
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Banking and Finance
Remittances Grow 5% in 2022, Despite Global Headwinds – Would Bank
Remittances to low- and middle-income countries (LMICs) withstood global headwinds in 2022, growing an estimated 5% to $626 billion. This…
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Banking and Finance
Nigeria to Spend 160% of Revenue on Debt Service in 2027, W’Bank Warns
• Ghana’s default raises fear about Nigeria’s fate • World Bank pushes for aggressive reforms to save economy • 70%…
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Banking and Finance
Djibouti Economy Slows Due to Global Crises, Severe Drought –World Bank
After rebounding in 2021, Djibouti’s economy has slowed since the beginning of 2022 due to the war in Ukraine, global…
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Banking and Finance
World Bank Raises NOK 5bn Sustainable Development Bond To Support Management Of Biodiversity
The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a 4.75-year Norwegian krone (NOK) five billion floating…
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Banking and Finance
World Bank Group President’s Visit to Komati Power Station Highlights Plant’s Repurposing from Coal to Clean Energy
World Bank Group President David Malpass World Bank Group President David Malpass has visited the decommissioned Komati coal-fired power plant…
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Banking and Finance
How Migration Can Boost South Asia’s Recovery and Support Long-Term Development – World Bank
As South Asia reels from the impacts of unprecedented economic shocks, migration can boost its recovery and support long-term development,…
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Banking and Finance
2022 Annual Meetings Plenary: World Bank President Harps On Effect Of Climate Change, COVID-19, Russia-Ukraine War On Developing Economies
World Bank Group President David Malpass World Bank Group President David Malpass in his Remarks at the 2022 Annual Meetings…
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