The International Monetary Fund warned against central banks rushing to cut interest rates too early. International Monetary Fund Director Kristalina Georgieva confirmed that the Fund sees this step as a “greater risk to the global economy” if it is achieved “early than if it moves a little late.” Georgieva indicated to reporters in Washington, “The … Read more
By responding to the needs and living conditions of women in emerging countries, digital education promotes equality and provides means to address development issues and humanitarian challenges, as highlighted in the Focus on Education report. UN Gender Equality. This is particularly the case when education leads to employment. Because reducing gender disparities in the workforce … Read more
The money that the poorest countries need to build schools, build bridges or modernize hospitals is increasingly more expensive and difficult to obtain. Over the last decade, low- and middle-income states have faced a large accumulation of liabilities and, consequently, have made a shift towards less conventional sources of financing that charge more interest, such … Read more
× Please contact the team to download the clip. (Xinhua file photo: Tourists in Thailand’s Khao Yai National Park, Dec. 11, 2023) BANGKOK, Dec. 15 (Xinhua) — The World Bank on Thursday forecast that the Thai economy will expand 2.5 percent this year, down from the previous forecast of 3.4 percent. in October This is … Read more
In a significant move, the World Bank has suspended Liberia from accessing “undrawn loans” due to defaults on payments by President George Weah’s administration. The decision raises concerns about the country’s economic stability, as the outgoing administration is 60 days behind on its debt payments. Ousmane Diagana, World Bank vice president for the West and … Read more
Since Brexit, trade on both sides of the English Channel has complained about too much bureaucracy. However, Britain could reduce the hurdles through talks with the EU, says Finance Minister Lindner. Federal Finance Minister Christian Lindner has offered the United Kingdom a closer economic relationship with the EU. “If you want to strengthen your trade … Read more
The stock market day World Bank gives Turkey more cheap loans 09/07/2023 1:23 p.m (Foto: picture alliance / Russian Look) Die World Bank expands its financial commitment to support the economy in Turkey clearly. Director Humberto Lopez, responsible for the emerging market, told the Turkish state news agency Anadolu that an additional $18 billion should … Read more
Jakarta – The World Bank (World Bank) will disburse loans to Sri Lanka US$ 700 million or around Rp. 10.5 trillion (exchange rate of Rp. 15,000). The loan was given to help the country emerge from the economic crisis. In detail, around US$ 500 million of these funds will be allocated for budget support. While … Read more
In its latest World Economic Outlook, the World Bank forecast growth of 2.1% in 2023, up from 1.7% in its previous forecast released in January. FILE PHOTO/Johannes P. Christo/File Photo/File Photo/File Photo WASHINGTON (Reuters) – The World Bank forecast real GDP growth of 2.1% in 2023 in its latest World Economic Outlook released on Wednesday, … Read more
From our correspondent in Washington, Guillaume Naudin « This part of the crisis is over “. Jamie Dimon, the boss of JP Morgan was rather optimistic Monday, May 1 after the takeover by his bank of what remained of First Republic after the bankruptcy, the third of an American bank in a month. This convinced … Read more