World Bank approves $425 mn infrastructure financing in Africa
This will be the first regional infrastructure financing project in Africa...
Tag : World Bank
Nigeria anticipated to hit its worst recession in four decades: World Bank
The IMF and the World Bank anticipate the Nigerian economy to slip into recession impacting its lenders at a large scale...
Indonesia’s economy to contract by 1.0% in 2020: ADB
The bank also forecasts that economic growth would reach 5.3% in 2021...
UK economy to shrink by 8% in 2020: Reports
Official figures showed Britain’s economy shrank by a record 20.4% in April...
Thailand’s economy to contract by 8.9% in 2020: Experts
Productivity, confidence and consumer spending will remain low in the period ahead...
Kenya’s forex reserves reach Sh$9.26 billion
Kenya's local currency has strengthened against regional and international currencies...
UAE’s economy to contract by 4.5% in 2020: World Bank
Economy to recover and grow by 1.4% next year...
IMF lends $739 mn to Kenya; foreign reserve rises 9%
The country's usable foreign exchange reserves increased to $8,532 mn as of May 14...
World Bank, IMF urge suspension of debt payments in poorest countries
Official bilateral creditors have been asked to provide immediate debt relief to IDA countries...
South Africa to restructure GDP data September onwards
The start year for calculating GDP will be updated to 2015 from the existing year of 2010...