Ease of Doing Business: New Zealand grabs top spot
Toppled Singapore, which had led the World Bank’s index for 11 years...
Tag : World Bank
Brazil’s Growing Trade Needs Better Infrastructure and More Investments
Brazil benefited from a high global demand for commodities, such as minerals and food products. But if it weren’t for that, the country wouldn’t have performed so well. Think of a ton of soybeans being transported from the fields of Mato Grosso do Sul – a state neighboring Paraguay – to the ports of Santos...
World Bank cuts global growth outlook
Move prompted by low commodity prices and sluggish growth in advanced economies IFM Correspondent June 9, 2016: The World Bank has downgraded its 2016 global growth forecast to 2.4 percent from 2.9 percent, which was projected in January. The move was prompted by sluggish growth in advanced economies, low commodity prices, weak global growth and...
There’s more to Mauritius than sea and beaches
The Indian Ocean island is consistently ranked as the best place to do business in Africa Suparna Goswami Bhattacharya June 22, 2015: Mauritius brings to mind vision of long sandy beaches with blue ocean waves caressing the shore and outstretched leaves of tall palm trees swingingin the cool breeze. Tourism has always been one of...
Warning of global slowdown
20% of the countries that tapped into the World Bank’s fund for the poorest yet to show any growth IFM Correspondent October 6, 2014: In an effort to warn the global economy against considerable downside risk, finance and development ministers from around the world will meet in Washington DC on October 11, 2014. With Europe...
Rich Countries, Poor People: Will Africa’s commodity boom benefit the poor?
BY ANAND RAJARAM. 20th November 2013 Travelling across Africa these days you are likely to run into increasing numbers of mining, oil, and gas industry personnel engaged in exploration, drilling, and extraction across the continent. Although commodity prices are moderating, the discoveries being made in Africa offer the real prospect of significant revenue to many cash-poor,...
Kenya Sets Framework to Manage New Petroleum Wealth
New oil find in northern Kenya’s Turkana County could reduce poverty for over 900,000. 24th September 2013 Country-owned framework involves local communities in managing petroleum wealth New oil find in northern Kenya’s Turkana County could reduce poverty for over 900,000 Transparent revenue-sharing, skills programs for youth essential to sustainable development Kenya is abuzz with talk...
High Above Earth, Satellites Help Direct Ground-Breaking Development Work
A space-based partnership between the World Bank and the European Space Agency is opening up new frontiers in international development. 23rd September 2013 A space-based partnership between the World Bank and the European Space Agency is opening up new frontiers in international development. Using sophisticated Earth observation measurement systems from a constellation of orbiting satellites,...
Romania has a great advantage on developing countries: It is part of the most important economic club in the world, the EU
The World Bank experts are involved in a consultancy project which will provide assistance to the Romanian authorities to develop the regional development strategy. 19th September 2013 The experiences and expertise of the World Bank goes back to the 1940s, with the first loan being offered to France – to help with the post-war reconstruction....
Islamic Microfinance market size touches $1bn, says CEO of CIBE
Islamic Microfinance is rapidly gaining acceptance in Muslim and Non- Muslim countries due to its remarkable performance in poverty eradication; because of which, this industry is making quick progress. Islamic Microfinance is rapidly gaining acceptance in Muslim and Non- Muslim countries due to its remarkable performance in poverty eradication; because of which, this industry is...