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4 Apr 22
Bangladesh is set to receive a $250m loan to help modernise social protection programmes and fund its green recovery from Covid-19.
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1 Apr 22
Sustaining China’s unprecedented success in ending extreme poverty will need “vigorous measures” revitalising the country’s rural areas, the World Bank has said.
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28 Mar 22
Colombia has agreed to borrow $830m to help fund education services and improve social mobility, including employment opportunities across the country, as the nation emerges from Covid-19.
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23 Mar 22
The Nigerian government should repurpose money spent on fuel subsidies to fund reforms aimed at reducing poverty, according to the World Bank Group.
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11 Mar 22
Countries in the Southern African Customs Union need to get a grip on persistently high inequality in order to give people better life chances, a World Bank report has urged.
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8 Mar 22
A new World Bank fund will bolster Ukraine’s finances amid the ongoing invasion by Russia, which is continuing into nearly its third week.
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2 Mar 22
The World Bank executive board has announced it will use more than $1bn from a frozen Afghan trust fund to provide basic services and aid to the people while keeping the money out of the Taliban’s...
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21 Feb 22
G20 finance ministers and central bank governors have failed to reach an agreement on making changes to their debt restructuring framework that had been proposed by the International Monetary Fund...
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8 Feb 22
Rising Covid-19 cases in Gaza and the West Bank have led the World Bank to send an additional grant to the Palestinian Authority, warning the record new infection numbers are still underestimated.
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28 Jan 22
The military coup and ongoing disruption from the omicron variant of Covid-19 will see Myanmar’s economy remain weak in 2022, according to the World Bank Group.
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25 Jan 22
Lebanon’s elite have caused “long-lasting scars” on the country’s economy by causing a protracted political and economic crisis, according to a highly critical World Bank report.
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13 Jan 22
Global growth is slowing amid renewed waves of Covid-19 cases and high inflation, the World Bank’s latest Global Economic Prospects report has warned.
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22 Dec 21
China has underspent compared to its budget this year despite the economic recovery from Covid-19 slowing down.
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28 Oct 21
Countries are depleting their resources in the search for short-term economic gains that leave their future development unsustainable, the World Bank has warned.
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12 Oct 21
Debt problems faced by poorer countries require a “comprehensive” solution, the World Bank chief has said after publishing his organisation's latest review of debt statistics.
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12 Oct 21
Kristalina Georgieva has the “full confidence” of the International Monetary Fund’s executive board despite an investigation alleging she worked to artificially improve influential data in China’s...
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28 Sep 21
A data scandal involving International Monetary Fund managing director Kristalina Georgieva threatens the credibility of the Bretton Woods system, according to US senators.
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23 Sep 21
World Bank researchers expect 52 countries to cut spending per head to below pre-pandemic levels in the next five years, despite the world economy gradually recovering from the Covid-19 crash.
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17 Sep 21
World Bank economists have urged Bangladesh to redirect social protection schemes towards the urban poor, saying the move could cut the extreme poverty rate from 22% to just 4%.
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25 Aug 21
The World Bank has stopped funding aid programmes in Afghanistan in light of the Taliban taking control of the country.
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27 Jul 21
Myanmar’s economy could be 30% worse off due to the impact of political turmoil and Covid-19 on development progress, according to the World Bank Group.
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15 Jul 21
An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
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12 Jul 21
Climate change mitigation policies need to take into account a country’s level of development and poorer countries’ economies must still be allowed to grow, World Bank president David Malpass has...
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15 Jun 21
Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
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27 May 21
Russia’s aim to halve poverty by 2030 would be easier and more cost-effective if it introduced a guaranteed minimum income programme rather than expand its existing social safety net, the World Bank...