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World Bank Supports Madagascar’s Investment in Human Capital

The World Bank Board of Executive Directors approved today a $100 million development policy operation to support the Government of Madagascar’s investment in human capital. The operation...

AIIB’s USD60-M Solar Investment in Oman Supports Diversified Energy Mix

The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD60-million loan to increase Oman’s renewable power generation capacity and reduce the country’s dependence...

OECD updates G20 summit on outlook for global economy

Efforts to contain virus and save lives should be intensified, and governments should plan stronger, more coordinated measures to absorb growing economic blow Increasingly stringent containment measures...

‘Concerted efforts’ needed to meet 2030 Global Goals in Asia-Pacific region

Action to reverse the depletion and degradation of the environment across Asia and the Pacific is a top priority if the region is to stay on...

World Bank Support to Georgia Aims to Sustain Inclusive Economic Growth

The World Bank's Board of Executive Directors approved today a EUR 45 million Economic Management and Competitiveness Development Policy Operation for Georgia. This operation aims to...

ADB Needs to Scale Up Support to Sustainable Urban Transport Solutions

The Asian Development Bank’s (ADB) support to Asia and the Pacific’s transport sector has helped improve domestic connectivity and economic efficiency in the region, says a...

‘Rapid deterioration’ in global investment flows as Coronavirus spreads

Foreign direct investment flows are liable to drop by 30 to 40 per cent during 2020, into next year, due to the ongoing COVID-19 pandemic, reflecting a far more...

A sustainable global economy must arise once COVID-19 pandemic is reversed

World leaders at the G-20 virtual summit held on Thursday committed to inject over $5 trillion into the global economy to counteract the impacts of the...

Mongolia Poverty Update: Report

The National Statistics Office of Mongolia (NSO) and the World Bank today launched a new joint poverty report, Mongolia Poverty Update, which draws on the 2018...

Coronavirus: Commission boosts budget for repatriation flights and rescEU stockpile

European Commission has proposed to make €75 million from the EU budget available to help Member States repatriate EU nationals and to increase the budget of...

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Trump Xi Summit Set to Test US China Relations on Trade Taiwan and Iran

Donald Trump is scheduled to meet Xi Jinping in...

United States and Iran Move Closer to Temporary Deal to Halt Conflict

United States and Iran are moving closer to a...

Israel Says Hezbollah Commander Killed in First Beirut Strike Since Ceasefire

Israel said it killed a commander from Hezbollah during...

India State Election Results Highlight Growing Hindu Muslim Political Divide

Recent state election results in India have revealed deepening...
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