Thursday, Apr 25, 2024

International Finance

Tag : World Bank

Economy

World Bank cuts global growth outlook

International Finance Desk
by International Finance Desk
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...
Read more
Economy

There’s more to Mauritius than sea and beaches

International Finance Desk
by International Finance Desk
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...
Read more
Economy

Warning of global slowdown

International Finance Desk
by International Finance Desk
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...
Read more
Economy

Rich Countries, Poor People: Will Africa’s commodity boom benefit the poor?

International Finance Desk
by International Finance Desk
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,...
Read more
Economy

Kenya Sets Framework to Manage New Petroleum Wealth

International Finance Desk
by International Finance Desk
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...
Read more
Fintech

High Above Earth, Satellites Help Direct Ground-Breaking Development Work

International Finance Desk
by International Finance Desk
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,...
Read more
Economy

Romania has a great advantage on developing countries: It is part of the most important economic club in the world, the EU

International Finance Desk
by International Finance Desk
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....
Read more
Islamic Banking

Islamic Microfinance market size touches $1bn, says CEO of CIBE

International Finance Desk
by International Finance Desk
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...
Read more
Banking

Improving Consumer Protection and Financial Literacy in Tajikistan

International Finance Desk
by International Finance Desk
The World Bank studies recommended bringing Tajikistan’s financial consumer protection regime closer to international good practices. One proposal is to assign responsibility to the National Bank of Tajikistan . July 29, 2013 : Consumer protection is essential for any financial system to function effectively – it not only protects existing consumers but also encourages potential consumers...
Read more
Banking

Imagining a ‘Smart Country’ – Such as Rwanda

International Finance Desk
by International Finance Desk
Smart development” and “smart solutions” are the use of information and communication technologies to tackle pressing development problems, such as poverty and access to basic services. 29th july Everyone is talking about “smart development” and “smart solutions” – the use of information and communication technologies (ICTs) to tackle the most pressing development problems such as...
Read more