UAE’s economy to contract by 4.5% in 2020: World Bank
Economy to recover and grow by 1.4% next year...
Tag : World Bank
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...
Egypt’s external debt increases 17.47% to $109.363 bn last September
The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion...
Ease of Doing Business: China, India on the most-improved list
New Zealand ranks first on the World Bank’s Ease of Doing Business 2020, followed by Singapore...
Egypt in talks with World Bank to establish cargo shipping line
The Egyptian National Railway is studying establishing a shipping line between Alexandria and the Sixth of October dry port...
IFC and MIGA sign deal for 252MW Egyptian wind farm
The IFC will provide $84 mn in financing while MIGA will offer $122 mn in financial guarantees...
High NPAs, low adequacy ratio put banks in Russia at risk: World Bank
A Russian court has ordered PE group Barings Vostok to surrender its stake in Russia’s Vostochny Bank...
World Bank signs $4.8 mn deal with Kenya to boost private sector reforms
The Kenya Investment Climate Project is expected to improve Kenya’s ranking in the World Bank’s Doing Business report...