Tag:world bank
News
Saint Lucia continue to witness economic growth in 2024
Saint Lucia is projected to witness growth in its economic sector in the year 2024. The information has been released by global financial monitoring agencies like the World Bank, ECLAC and the International Monetary Fund.
US and Canada
President Biden nominates Indian-born Ajay Banga as World Bank president
Ajay Banga, an Indian American and the former CEO of Mastercard, was nominated by US President Joe Biden on Thursday to manage the World Bank. Statement of Biden noted that Ajay is particularly prepared to lead the World Bank at this important historical moment
Asia
Despite international setbacks, China failed to achieve expected growth rate
According to the most recent Global Economic Prospects report from the World Bank, China is unlikely to achieve its projected GDP growth rate despite numerous domestic and international setbacks brought on by its zero-Covid policy and aggression
World
World Bank: Russia’s invasion of Ukraine is obstructing post-pandemic economic recovery in Europe and Central Asia
The world bank recently released the latest economic report in which they mentioned that the ongoing conflict in Ukraine had obscured hopes for post-pandemic economic recovery for rising and developing economies in Europe and Central Asia
Bulgaria
PM Petkov held meet with World Bank officials
The topic of discussion during the meeting included - decreasing inequalities by means of strategies to improve healthcare, social services and education.
Bulgaria
World Bank commends Bulgarian govt for its efforts in supporting Ukraine
The President of the World Bank further reaffirmed the organisations Group's commitment to a strong partnership with Bulgaria.
News
World Bank predicts 45% shrink in Ukraine’s economy and 11% for Russia in 2022
As per the recent predictions by World Bank, the Ukrainian economy will be collapsed by 45% in the ongoing year.
Latest news
Dominica budget 2024/2025 scheduled today: $1.4 B expected allocation
The new budget for Dominica is expected to have a $1.4 Billion expenditure. The final budget address is set to take place today.
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Polish Firm PESA Wins Contract to Supply 35 Trains to Bulgaria Following Stadler Withdrawal
The announcement comes after Stadler Polska, which had been ranked first for the contract to deliver seven double-decker trains funded by Bulgaria's Recovery and Resilience Plan, requested to terminate the agreement
Tourism Thrives in Primorsko and Kiten Amidst Business Challenges
Primorsko and Kiten, two of Bulgaria's beloved Black Sea coast destinations, are experiencing a bustling summer tourist season. Despite facing several challenges, local businesses continue to attract a significant number of visitors, ensuring the vibrancy of these popular resorts
Must read
Dominica budget 2024/2025 scheduled today: $1.4 B expected allocation
The new budget for Dominica is expected to have a $1.4 Billion expenditure. The final budget address is set to take place today.
Kavem Hodge Becomes First West Indian to Score a Test Century in England Since 2017
Kavem Hodge scored his maiden century in the second Test against England, making him the first West Indian batsman to have century since 2017