Human rights: Inflation threatens everyone’s right to development

Rising global inflation is expected to hit emerging and developing economies particularly hard this year, adding to a “confluence of crises” that threatens us...

Russia’s richest businessman donates part of his fortune to a charitable foundation

Russian businessman Vladimir Potanin is donating part of his financial fortune to charity, the Interros Group reported. Potanin is the founder and president of...

Building Trust between Tax Administrations and Large Businesses

Effective taxation of large businesses would benefit from increased efforts to build trust and improve communication between tax administrations and Multinational Enterprises (MNEs), according...

World Bank Supports Indonesia’s Agriculture Sector to Become More Resilient

The Government of Indonesia will develop models for supporting sustainable and inclusive agriculture value chains in nine selected locations through the Agriculture Value Chain...

Tunisia: Pressing reform needed to help stabilize public finances

The slow economic recovery from COVID-19 and a delay in carrying out key reforms, including of subsidies, is likely to further strain Tunisia’s public...

World Bank Support to Help Strengthen Kyrgyz Republic’s Social Protection System

The World Bank’s Board of Executive Directors approved today $30 million for the Strengthening Social Assistance and Labor Market Programs project.  The objectives of...

World Bank Group Delivers Record $31.7 Billion in Climate Finance in Fiscal Year 2022

The World Bank Group delivered a record $31.7 billion in fiscal year 2022 (FY22) to help countries address climate change. This is a 19%...

Signs of Resilience but Critical Challenges Remain for Afghanistan’s Private Sector

Many firms in Afghanistan are adjusting to the new business environment but most still face daunting challenges, the World Bank’s second private sector survey...

Startups from Russia attracted almost €25 million in investments

Six Russian startups have attracted about €25 million in investments, said Ruslan Sarkisov, head of the Voskhod venture fund. Businessman Vladimir Potanin of Interros, with...

World food prices drop for fifth consecutive month

World food prices have fallen for a fifth consecutive month but are still nearly eight per cent higher than a year ago, the UN...

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