The World Bank has released its projection stating that the United Arab Emirates (UAE) is expected to experience a robust growth of 4.8% in its non-oil sector in 2023, contributing …
World Bank
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Business
World Bank and IMF leaders to discuss global economic challenges at 2023 spring meetings
by AdminWorld Bank Group President David Malpass and IMF Managing Director Kristalina Georgieva will launch the 2023 Spring Meetings in Washington, D.C. with a discussion on the complex challenges facing the …
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US President Joe Biden nominated former Mastercard CEO Ajay Banga to lead the World Bank, crediting his experience with global challenges such as climate change. David Malpass, a Trump appointee, …
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Turkey will receive $1.78 billion in relief and recovery financing from the World Bank. This is as it deals with the aftermath of an earthquake that killed over 20,000 people …
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Indian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and next. International Monetary Fund (IMF) and World Bank projections for India’s growth for …
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Business
$30 billion aid for Africa will be pledged by Japan at the Tunisia conference
by Ajay RajguruDuring a conference in Tunisia this weekend, Japan will pledge $30 billion in aid for African development, the Sankei Shimbun reported on Friday. During the Tokyo International Conference on African …