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International Development
Parliament Partners with World Bank and FCDO to Strengthen Legislative Capacity
The Parliament of Ghana has held a briefing session on a new support initiative in partnership with the World Bank and the UK’s Foreign, Commonwealth and Development Office (FCDO).The project aims to enhance the capacity of Members of…
EAP growth to decelerate to 4.5% in 2025 from 5% in 2024: World Bank
Growth in the East Asia and the Pacific (EAP) region is projected to decelerate to 4.5 per cent this year from an estimated 5 per cent in 2024, as the effects of higher trade barriers, policy uncertainty, a weaker global growth outlook, and…
World Bank report ‘a clear validation’ of PH economic growth
By Billy BegasSpeaker Ferdinand Martin Romualdez hailed the country’s remarkable economic performance, following the World Bank report that the Philippines is now entering a “breakthrough era” of sustained and inclusive growth under the…
World Bank shrinks Cambodia’s economic growth forecast to 4.0%, urges diversification
A bird’s-eye view of Phnom Penh by night shows some of the capital’s many tall building projects. Post staff
Global and domestic…
FG to forfeit $10m World Bank loan over audit deficiencies
The federal government is set to forfeit a $10million dollar loan from the World Bank due to audit deficiencies and delays in launching a national budget portal.Additionally, the forfeiture is coming amidst a slow implementation of revenue…
bne IntelliNews – World Bank, Erste and ING all slash Romania’s 2025 growth forecasts
Romania’s economy is expected to grow by just 1.3% in 2025, down from a 2.1% expansion projected in January, according…
World Bank Cuts Global Growth Outlook
Image Source: Pexels
The World Bank sharply cut its global economic growth forecast.
It now projects the global economy to expand by 2.3% in 2025, down from an earlier forecast of 2.7% (below, courtesy…
World Bank lifts ban on nuclear energy financing
A general view shows cooling towers and reactors of the Electricite de France (EDF) nuclear power plant in Cattenom, France, June 13, 2023. — ReutersThe World Bank is re-entering the nuclear energy space "for…
World Bank revises Mexico’s 2025 growth forecast up 0.2%
The World Bank updated its 2025 economic growth forecast for Mexico on Tuesday, amid growing trade uncertainty that is expected to hit Mexico harder than other Latin American countries.
The World Bank anticipates a GDP growth rate for…
World Bank ends decades-long freeze on nuclear energy funding
Clouds are seen over the cooling tower of the nuclear power plant Isar 2 by the…