Myanmar's economy set to contract as floods and fighting take heavy toll, the World Bank says
Myanmar’s economy is forecast to contract this year, the World Bank said Wednesday, as flooding and fighting take a severe ...
Myanmar's economy to shrink as floods compound crisis, says World Bank
Myanmar's economy is expected to shrink by 1% in the current fiscal year, the World Bank said on Wednesday, sharply ...
World Bank: Israel-Hezbollah war intensified Lebanon’s economic contraction
The World Bank said Tuesday that the Israel-Hezbollah conflict has dealt another significant blow to Lebanon's already ...
World Bank cuts Kenya's 2024 growth estimate to 4.7% on fiscal challenges
The World Bank downgraded Kenya's economic growth estimate for this year to 4.7% on Tuesday, from an initial 5.0%, citing the ...
A closer look at the World Bank’s new $100bn mobilisation target
As it strives to reach the $100bn mobilisation target without damaging its credit rating, the IDA may feel the need to lean ...
World Bank Lowers Kenyan Growth Forecast on Floods, Protests
Kenya’s economy is heading for its worst performance since a coronavirus-induced contraction in 2020 because of floods and ...
World Bank Raises Record $100 Billion for Aid to Poorest Nations
The World Bank received pledges to deploy a record of $100 billion via its unit focused on low-interest loans and grants to ...
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contraction.
Business Times9h
World Bank sees Myanmar economy shrinking as civil war rages on
The World Bank expects Myanmar’s economy to contract in the current fiscal year, as elevated inflation, a slumping currency, ...
World Bank6d
World Bank Group Announces Record $100 Billion IDA Replenishment
The World Bank Group and partner governments have mobilized a record replenishment to the International Development ...
Devex2d
Devex Newswire: The World Bank’s debatable victory
The World Bank touted a major funding boost for the world's most vulnerable nations. But critics say the increase falls short ...
BusinessWorld7h
Digitalization raises service-sector wages, productivity — World Bank
THE adoption of digital technology increases productivity and wages in services firms in the Philippines, according to a report by the World Bank Group. The World Bank, in its Services Unbound – ...