WTO anticipates sharp slowdown in world trade growth in 2023
Trade growth is expected to lose momentum in the second half of this year and remain subdued in 2023, as the global economy sustains...
MENA Economies Grow by 5.5% But Benefits are Uneven
The economies of the Middle East and North Africa (MENA) region are expected to grow by 5.5% this year —the fastest rate since 2016—followed...
Unprecedented Shocks Rattle South Asia, Exacerbating Challenges and Dampening Growth
Beset with Sri Lanka’s economic crisis, Pakistan’s catastrophic floods, a global slowdown, and impacts of the war in Ukraine, South Asia faces an unprecedented...
Pakistan’s Economy Slows Down While Inflation Rises Amid Catastrophic Floods
Pakistan’s economy is expected to grow by only 2 percent in the current fiscal year ending June 2023. According to the World Bank’s October...
Reviewing ARK Coin – Is It The Solution To Your Bitcoin Headache?
Cryptocurrency's rise has literally posed a challenge to traditional banking systems. This is probably the reason why this entered business so fast.
Presently, more than...
Uzbekistan and World Bank to Expand Strategic Partnership
Anna, Bjerde, World Bank Vice President for Europe and Central Asia, visited Uzbekistan from September 29 to October 2, 2022, as part of a...
Egypt: US$ 400 Million Project will Help to Improve and Decarbonize Logistics
World Bank approved a US$400 million development financing agreement to enhance the performance of the logistics and transportation sectors in Egypt and to support...
Financing to Support Liberia’s Reforms for Promoting Inclusive Economic Growth
The World Bank Board has approved the third and last in a programmatic series of three Inclusive Development Policy Operations (IGDPO) designed to support...
Global Recession Increasingly Likely as Cost of Living Soars
The World Economic Forum’s Community of Chief Economists expect reduced growth, stubbornly high inflation and real wages to continue falling for the remainder of...
Expansion of Social Protection Programs Necessary for a Resilient Recovery
Universal Social Protection is critical to effectively protect people against poverty, prevent risks to their livelihoods and well-being, and help them access economic opportunities. ...