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International Development
Nuclear Energy Back On The Table As World Bank Lifts Funding Freeze – District Metals…
The World Bank has lifted its ban on funding nuclear energy projects in developing countries. Its president, Ajay Banga, announced the decision on Wednesday, opening the door to financing a sector increasingly seen as a solution to meeting…
Pakistan Secures $700 Million Loan for Reko Diq Mining Project from World Bank and IFC, ET BFSI
(AP Illustration / Peter Hamlin)World Bank, IFC approve USD 700 million loan for Pakistan's Reko Diq projectIslamabad, The International Finance…
Chamber of Commerce: Indonesia Won’t Blindly Adopt World Bank Poverty Standard
TEMPO.CO, Jakarta - The Indonesian government isn't expected to blindly adopt the World Bank's updated poverty threshold, said Aviliani, Deputy Chair for Macroeconomic and Microeconomic Policy at the Indonesian Chamber of Commerce and…
UN Ocean Conference -Seychelles Nation
Seychelles reaffirms blue economy leadership at AU side event
At the African Union’s high-level side eventat the 2025 UN Ocean Conference (UNOC3) yesterday, Seychelles once again…
IFC and World Bank back $700 million loan to Pakistan’s Reko Diq copper‑gold venture
Islamabad: The International Finance Corporation and the World Bank have approved a concessional loan of USD 700 million for a major mining and resource development initiative in Pakistan, according to a…
World Bank Reveals Forecasts For Azerbaijan’s GDP Growth By 2028
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 13. The World Bank
expects Azerbaijan's GDP growth to stand at 2.3 percent in 2027,
Trend reports.
In June 2025 edition of Global Economic Prospects, the World
Bank has lowered its…
World Bank, IFC approve $700 million loan for Pakistan’s Reko Diq project
The International Finance Corporation (IFC) and the World Bank have approved a $700 million concessional loan for Pakistan’s Reko Diq project, a major mining initiative in Balochistan. This loan will pave the way for a $2.5 billion…
China’s economy to grow by 4.5% this year, World Bank predicts
China"s economy is projected to grow by 4.5 percent in 2025 and 4 percent in 2026, with fiscal policy cushioning the slowdown pressures due to global trade restrictions and uncertainty, said the latest China Economic…
World Bank pegs Malawi’s poverty rate at 75.4%
World Bank Malawi says following the upward revision of the international poverty line (IPL) for low-income countries, including Malawi, to $3 (about K5 253) per person per day, Malawi’s poverty rate now stands at 75.4 percent.…
PH to sign $1-b World Bank loan to modernize agri-fishery sector
The Department of Agriculture (DA) expects to sign a $1-billion loan agreement with the World Bank next month to fund a major reform initiative aimed at modernizing the country’s agri-fishery sector, a spokesperson said Thursday.
The…