World Bank updates Egypt’s FY24, FY25 growth forecasts
Egypt’s economic growth is expected at 2.8 per cent in the 2024 financial year - which runs from July 2023 to June…
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World Bank (WB)
WB upgrades Sri Lanka’s growth outlook to 2.2% in ’24
The World Bank (WB) upgraded its forecast for Sri Lanka's economy, predicting 2.2 per cent growth in 2024 as the…
Africa’s sovereign bond rally continues unabated
Africa's sovereign bond rally continues unabated, with prices reaching nearly two-year highs in countries like…
World Bank pledges $3b support to Egypt – minister
The World Bank (WB) has pledged $3 billion in support to Egypt following the country's successful negotiation of an…
China to boost co-operation with WB
China anticipates enhancing collaboration with the World Bank (WB) and contributing to worldwide poverty…
Gaza attacks to throw Lebanon into recession again – World Bank
The attacks in Gaza are expected to push Lebanon's economy into recession one more time, the World Bank said on…
Israeli attacks could lead to oil price spike – World Bank
The Israeli attacks on Gaza could trigger price hikes for raw materials like oil and agriculture products, the…
Morocco’s central bank buys €200mln bonds from World Bank
Morocco’s central bank purchased sustainable development bonds worth €200 million issued by the International Bank…
IMF, World Bank hold 2023 annual meetings in Marrakesh, 1st gatherings in Africa in 50yrs
The IMF and World Bank are holding their annual meetings in the Moroccan city of Marrakesh, the first gatherings…
World Bank to help fund 1,000 mini solar power grids in Nigeria
The World Bank (WB) will support building 1,000 solar-based mini networks in Nigeria along with the country's…
