Gold prices to see 8% rise in ’24 – World Bank
Gold prices are expected to hold steady near their recent record highs for the remainder of 2024, resulting in an…
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World Bank
World Bank pauses $150m funding for Tanzanian tourism project
The World Bank halted $150 million funding for a Tanzanian tourism project, responding to long-standing appeals…
Sri Lanka slashes inflation to 2.5% in March
Sri Lanka's consumer price inflation dropped significantly to 2.5 per cent in March.
World Bank’s IFC sees $1.9b investments in Ukraine projects
The International Finance Corporation (IFC), the World Bank's private investment arm, plans to fund $1.9 billion…
ECB governors voice concern over interest rate forecast publication
Governors of the European Central Bank (ECB) have expressed concerns over the idea of publishing their interest…
Nigerian measures against inflation impacts naira positively – CBN governor
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, views the recent surge in the naira positively,…
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…
Half of poorest countries falling behind despite advantages – World Bank
Half of the world's 75 most vulnerable countries are falling behind wealthy nations in income growth, a new World…
Debt swaps could unlock $100b for climate action
Debt for climate and nature swaps, a mechanism where indebted countries receive debt relief in exchange for…
Vietnam secures $51.5m carbon credit payment from World Bank
Vietnam received a $51.5 million payment from the World Bank for reducing 10.3 million tonnes of CO2 between 2018…
