Latest News for: world bank

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World Bank sees 2025-2026 Philippine growth falling to post-pandemic lows

Manila Bulletin 25 Apr 2025
Amid a looming global trade war, the World Bank slashed its 2025 and 2026 growth forecasts for the Philippines to levels that would bring economic expansion to their slowest pace post-pandemic.
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World Bank report urges LAC to rethink economic strategies amid global uncertainties - Jamaica Observer

Jamaica Observer 25 Apr 2025
WASHINGTON, United States (CMC) \u2013 A new World Bank report is urging Latin American and the Caribbean (LAC) countries to rethink their economic strategies amid global uncertainties.
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RDI, Groups Petition World Bank to Stop Financing Factory Farming Projects

This Day 25 Apr 2025
In a statement issued in Lagos, RDI said that the World Bank is owned by governments, including Nigeria and public money is being used to finance factory farms—despite their harmful impacts on climate change, biodiversity, and human rights.
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Economic Watch: Tariff clouds loom over IMF, World Bank Spring Meetings

Xinhua 25 Apr 2025
During a World Bank panel discussion on job creation on the same day, World Bank Group President Ajay Banga was asked about tariffs and trade issues, reflecting widespread concerns over rising tariffs and escalating trade conflicts.
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‘US, World Bank may try to save Indus treaty’

Dawn 25 Apr 2025
THE United States and the World Bank may intervene to prevent the complete breakdown of the (IWT), which has survived wars, near-conflict, and complete diplomatic breakdowns in the past as well.
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World Bank forecasts economic growth in Sub-Saharan Africa despite challenges

Independent online (SA) 25 Apr 2025
The latest World Bank Group Pulse report, released on Wednesday, projects a cautiously optimistic trajectory for Sub-Saharan Africa's economic activity ... Andrew Dabalen, World Bank chief economist for ...
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World Bank not informed of India’s decision on Indus Waters Treaty

The Hindu 25 Apr 2025
India’s decision means that it will stop its periodic communication with Pakistan on sharing hydrological data on the Indus rivers, or inform them of infrastructural work on hydro-electric projects in the Western Rivers ....
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W’Bank: Nigeria, Sub-Saharan African Nations to Pay $20bn Interests to External Creditors in 2025

This Day 25 Apr 2025
The World Bank has said that Nigeria and other countries in Sub-saharan Africa will pay a total of $20 billion as interests on debts to their external creditors, three-quarters of which is owed to private creditors, and China.
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Dubai Success Story: How Dalia El Ali swapped finance for fashion design —and found her power move

Gulf News 25 Apr 2025
The Lebanese-Palestinian fashion designer, entrepreneur, and art collector left her investment banking career to pursue her passion for fashion design ... “I did love investment banking ... Leaving a solid banking career wasn’t without doubts.
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Techcombank named ‘Best Bank in Việt Nam’ for second year by Global Finance

Vietnam News 25 Apr 2025
Techcombank has once again affirmed its leadership position in the banking sector in Việt Nam by being named the 'Best Bank in Việt Nam by the prestigious financial magazine Global Finance, at its World’s Best Bank Awards 2025.
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Historic: UAE’s Ruya Bank Becomes First Islamic Bank to Offer Bitcoin Purchases

Bitcoin World 25 Apr 2025
For the first time ever, an Islamic bank is opening its doors to the world of digital assets, specifically Bitcoin ... Ruya Bank is positioning itself at the forefront of this intersection, potentially ...
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IMF Urges Nigeria, Others to Enhance Fiscal Buffers

This Day 25 Apr 2025
Georgieva made the assertion during the launch of IMF’s latest Global Policy Agenda Report, titled, “Anchoring Stability and Promoting Balanced Growth,” at the ongoing World Bank/IMF Spring Meetings in Washington.
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IMF-WBG host high-level meeting regarding Syria's economic recovery, reconstruction

Kuna 25 Apr 2025
WASHINGTON, April 25 (KUNA) -- A high-level meeting on Syria's reconstruction was held on the 4th day of the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington.
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