IFC helps Hamkorbank manage currency risk and expand local currency lending
IFC will hedge Hamkorbank’s currency exposure for up to $40mn—the first international financial institution to provide such hedging instruments in Uzbekistan...
Tag : World Bank
Economic growth of Ukraine depends on completing pending reforms quickly
Reforms would send an important signal to bolster investor confidence, help raise needed international financing, and safeguard macroeconomic stability...
Senegal Scaling Solar tender produces one of the lowest electricity costs in Africa
Scaling Solar is now developing over 1 gigawatt of solar power in partnership with four African countries – Zambia, Ethiopia, Madagascar and Senegal...
Climate change could force over 140mn to migrate between countries by 2050: Report
Climate migrants would be additional to the millions of people already moving within their countries for economic, social, political or other reasons, the report warns...
World Bank strategises enhanced living standards for Belarus
The strategy is fully aligned with the Program of Activities of the Government of the Republic of Belarus 2016–20...
World Bank predicts better growth rate for Turkey
World Bank Turkey Director Johannes Zutt said the World Bank expects four to five percent growth rate in Turkish economy this year...
Tanzania: Investing in water and sanitation reaps benefits for poverty alleviation
The Water Sector Support Project supported the Government of Tanzania’s Water Sector Development Program by increasing water access to urban and rural residents...
World Bank: Urban planning can improve quality of life and opportunities in Phnom Penh
The report suggests policy reforms towards more competitive, sustainable and inclusive city growth in four main areas...
China maintains strong growth and reform momentum, says World Bank
The recovery in global trade has been an important factor supporting economic activity in China in 2017...
World Bank upgrades its 2017 growth projections for the Philippines
World Bank projects 6.7 percent growth for 2017 – higher than its previous forecast of 6.6 percent...