Finance

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...

Top Benefits of Moving to a New Place

It is quite normal to feel anxious when you are about to start a new chapter in your life, such as moving to a...

UN trade body calls for halting cryptocurrency rise in developing countries

The UN trade and development body, UNCTAD, has called for action to curb cryptocurrencies in developing nations, in three policy briefs published on Wednesday.  Although...

Young workers have been hit hardest by COVID fallout

The number of young people globally who can’t find a job this year is set to reach 73 million – that’s a full six...

Maldives Can Seize Opportunities to Boost Public Revenue, Make Public Spending More Efficient

Maldives’ economy is on the road to recovery following the unprecedented shocks of COVID-19. Key reforms can enhance the quality of public spending, strengthen...

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