Frankfurt, Brussels (11/3 – 120 Tajikistan’s reliance on a limited range of export products, including aluminium and cotton, makes its economy vulnerable to external shocks, such as changes in global…
World Bank
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AfricaBusinessDefenceEconomyEnvironmentFeaturedGlobal NewsGovernmentMiddle EastNational SecurityNewsWorld News
World Bank sees economic growth in Middle East, North Africa slowing to 1.9% in 2023
by Yarzar Yeby Yarzar YeThe Middle East and North Africa (MENA) region is expected to see its economic growth slow to 1.9% this year, the World Bank said Thursday. “MENA enjoyed extraordinarily rapid growth…
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AfricaBusinessDefenceEconomyEnvironmentFeaturedGlobal NewsGovernmentNational SecurityNewsPoliticsWorld News
Sub-Saharan Africa faces ‘lost decade’, its growth weighed down by continent’s heavyweights — World Bank
by Myint Nyanby Myint NyanEconomic growth in Sub-Saharan Africa is expected to decelerate this year by slumps in economic powerhouses South Africa, Nigeria and Angola, the World Bank has announced, expressing fears of a…
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AfricaEconomyGlobal NewsMoroccoNewsNorth Africa
Morocco Will Host the Next Meeting of the IMF and the WB With the Focus on the African Economy
For more than half a century, the International Monetary Fund (IMF) and the World Bank (WB) have not held a meeting in Africa. Morocco will be in charge of breaking that…
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RIYADH: Morocco’s water security is set to be strengthened after the World Bank agreed to finance a $350 million irrigation program. The fund will support a subset of activities in the…
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EconomyNewsSri Lanka
World Bank Vice President reaffirms support for Sri Lanka
by Myint Nyanby Myint NyanWorld Bank Vice President for South Asia, Martin Raiser has reaffirmed the World Bank Group’s continued support to help Sri Lanka navigate economic challenges, implement critical reforms, and chart a…
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Vietnam’s economy is facing strong headwinds due to slowing external demand, rising inflation and tightening domestic financial conditions, according to the World Bank. Export growth slowed to a 12-month low…