Bulgaria Joins the International Development Association

Bulgaria today signed the Articles of Agreement of the World Bank’s International Development Association (IDA), joining a global coalition of development partners committed to...

Financial Institutions and Agribusinesses Commit $3 Billion to Sustainable Production

The Innovative Finance for the Amazon, Cerrado and Chaco (IFACC) initiative launched by The Nature Conservancy, Tropical Forest Alliance from The World Economic Forum,...

President of Kazakhstan gives green light to cryptocurrency mining

The President of Kazakhstan, Kassym-Jomart Tokayev, held a meeting with the Minister of Energy of Kazakhstan, Magzum Mirzagaliyev, during which cryptocurrency mining and the...

Prioritize world of work in implementation of Paris climate agreement

Ahead of the COP26 UN Climate Change Conference – which opens on 31 October – the International Labour Organization has called on countries to...

Pandemic Threatens to Drive Unprecedented Number of Children into Learning Poverty

The COVID-19 pandemic could drive up learning poverty, the share of 10-year-olds who cannot read a basic text, to around 70 percent in low- and...

Strengthening Exports is Critical for Pakistan’s Sustained Economic Growth

Pakistan’s economy recovered in Fiscal Year 2021, in part due to the government’s effective use of targeted lockdowns to manage the spread of COVID-19,...

New Project to Support Egypt’s Inclusive and Sustainable Economic Growth

The World Bank’s Board of Executive Directors approved a US$360 million Development Policy Financing (DPF) loan to support Egypt’s post-pandemic recovery and enhance the...

Multilateralism ‘struggling’ to solve world challenges

While multilateralism remains “committed to solving global challenges”, the deputy UN chief said on Sunday, United Nations Day, it is “struggling to find the...

Albania Has Opportunity to Build a More Sustainable Growth Model

Albania’s economy, like other countries in the region, is recovering faster than expected after the historic recession created by the COVID-19 pandemic. Following the...

Montenegro on Course for Stronger Economic Recovery in 2021

The Western Balkans region is rebounding from the COVID-19-induced recession of 2020, thanks to a faster-than-expected recovery in 2021, says the latest edition of...

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