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International Development
World Bank raises Uzbekistan’s 2025 growth outlook amid regional slowdown
Uzbekistan is expected to remain among the fastest-growing economies in Europe and Central Asia despite a broader regional slowdown, according to the World Bank’s latest Global Economic Prospects report.…
World Bank to back nuclear projects again amid rising electricity needs
The World Bank has decided to end its 2013 moratorium on financing nuclear energy projects amid growing global electricity demand. The move means the lender would support projects to extend the operating life of…
World Bank Ends Nuclear Energy Ban to Meet Power Demand
The World Bank has reversed its longstanding policy against nuclear energy financing, announcing it will now support nuclear projects for the first time in decades as part of a broader strategy to meet soaring electricity…
City of El Paso launches new website for Economic, International Development
EL PASO, Texas (KTSM) — The City of El Paso has launched a new Economic and International Development website to promote the Borderland as a “prime destination for business, investment and international trade,” according to a news…
Boost For Oklo, NuScale? World Bank Lifts 12-Year Ban On Nuclear Support To Tackle ‘Complex…
President Ajay Banga reportedly said the new stance on nuclear power will be implemented in conjunction with the International Atomic Energy Agency.The World Bank has reportedly revoked a more than a decade-old ban on supporting nuclear…
COP29 deal unlocks global carbon markets, boosts climate finance
A landmark agreement reached at the 2024 UN Climate Change
Conference (COP29) in Baku could significantly boost…
Ukraine and World Bank Expand Cooperation on Agricultural Reform
The Minister of Agrarian Policy and Food of Ukraine, Vitalii Koval, held negotiations with Anna Bjerde, Managing Director for Operations at the World Bank.
The Minister thanked the World Bank for its consistent…
Egypt’s Growth Outlook Improves, Says World Bank
Egypt’s economy is expected to stage a gradual recovery over the next two years, coupled with easing monetary policy, a rebound in industrial activity, and major investment deals, according to the World Bank’s Global Economic Prospects…
COP29 Carbon Market Deal Could Boost Investment In Low-Income Countries
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 12. The recent agreement
on international carbon markets at the 2024 Conference of the
Parties of the United Nations Framework Convention on Climate
Change (COP29) in Baku, Azerbaijan,…
SAFTU raises concerns over World Bank’s R26bn loan to SA – SABC News
The South African Federation of Trade Unions (SAFTU) has expressed concerns over the World Bank’s recently approved loan to South Africa.
The labour federation has argued that the R26 billion loan will worsen the country’s dependence on…