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Tag: WORLD BANK

Nearly 30% of Ukrainians now in poverty as Russia’s war drags on
Economy

Nearly 30% of Ukrainians now in poverty as Russia’s war drags on

May 31, 2024May 31, 2024

An further 1.8 million Ukrainians have fallen into poverty since 2020, elevating the entire to roughly 29% of the inhabitants, the World Bank mentioned in

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World Bank unveils new partnership framework for Türkiye
Business

World Bank unveils new partnership framework for Türkiye

April 15, 2024

The World Bank Group on Thursday introduced a brand new nation partnership framework (CPF) for Türkiye overlaying the 2024-2028 fiscal years to assist the nation’s

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World Bank to attract investors to developing countries with new data
Economy

World Bank to attract investors to developing countries with new data

March 24, 2024March 24, 2024

The World Bank will launch further proprietary information, together with info on debt defaults, starting subsequent week, searching for to encourage higher personal sector funding

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Gaza economy shrank by over 80% in Q4 due to conflict: World Bank
Economy

Gaza economy shrank by over 80% in Q4 due to conflict: World Bank

February 22, 2024February 22, 2024

Gaza’s financial system contracted by greater than 80% within the fourth quarter of final yr because of the Israel-Palestine battle, which has had a “catastrophic”

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Ukraine recovery, rebuilding estimated to cost 6B: World Bank
Economy

Ukraine recovery, rebuilding estimated to cost $486B: World Bank

February 15, 2024February 15, 2024

Rebuilding Ukraine’s economic system, practically two years after the Russian invasion, is estimated to price a staggering $486 billion, 2.8 occasions its 2023 anticipated financial

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Gaza, Red Sea attacks threaten global economy: IMF, World Bank
Economy

Gaza, Red Sea attacks threaten global economy: IMF, World Bank

February 12, 2024

The International Monetary Fund (IMF) and World Bank warned on Monday that Israel’s assaults on Gaza and the associated assaults on transport via the Red

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Climate transition relies on private sector funding: World Bank chief
Business

Climate transition relies on private sector funding: World Bank chief

January 4, 2024January 4, 2024

The World Bank is working to slash how lengthy it takes to get financing tasks off the bottom as a part of a push to

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World Bank revises 2023 Turkish economy growth forecast upward
Economy

World Bank revises 2023 Turkish economy growth forecast upward

October 7, 2023October 7, 2023

The World Bank on Thursday upgraded Türkiye’s financial progress forecast for this yr, citing home demand and decreased coverage uncertainty following the May elections as

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Türkiye secures 6M World Bank funding for green transformation
Economy

Türkiye secures $966M World Bank funding for green transformation

September 23, 2023September 23, 2023

Türkiye has signed an 859.7 million euro ($966 million) financing take care of the World Bank for inexperienced transformation, the Treasury and Finance Minister Mehmet

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World Bank says Turkish economy on right path but ‘more to do’
Economy

World Bank says Turkish economy on right path but ‘more to do’

September 15, 2023September 15, 2023

World Bank Thursday mentioned the Turkish economic system was on course following an overhaul in financial policymaking following the May elections however there was ‘extra

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