Finance & Economics

US$8.8 million Top-Up Grant to Support Jordanian Municipalities Scale-up Service Delivery and Deal with the COVID-19 Impact

The Ministry of Planning and International Cooperation and the World Bank virtually signed on Aug. 23rd. 2020 a US$8.8 million grant agreement to support Jordanian municipalities affected by the influx of Syrian refugees to scale-up their delivery of...

Devastated by pandemic, tourism sector must be rebuilt in a safe, equitable and climate friendly way – UN chief

Tourists in India take an elephant ride at the Amber Fort, outside of Jaipur.

Uganda looks online for answers to COVID economic crisis

A SafeBoda rider and market vendor use the SafeBoda app to deliver food and supplies during the...

European Markets Struggling Tuesday, Asian Posting Strong Gains

European markets are mostly lower Tuesday in a reversal of the strong gains posted hours earlier in Asia.

London’s FTSE index is 0.1% lower at the midday point. The CAC-40 index in Paris is up 0.1%, and Frankfurt’s DAX index is down 0.4%.

Georgia: Team Europe -The EIB`s lends EUR 10 million to Credo Bank under its Georgia Outreach Initiative to support MSMEs


Trade pact could boost Africa’s income by as much as $450 billion: World Bank

A worker prunes trees on a farm in South Africa.

Government of Nepal and World Bank Sign $450 Million Road Support Project in Nepal to Boost post-COVID-19 Recovery

The Government of Nepal and the World Bank on July 17,2020 signed a $450 million (around Rs. 54 billion) Financing Agreement that will help Nepal improve the efficiency and safety of transport infrastructure, improve efficiency of cross-border trade,...

Helping youth enterprise take off, will bring sustainable returns, say UN economists

Young entrepreneurs who want their work to have a positive impact on their communities, urgently need more help from governments if they’re to succeed and resist the COVID-19-fuelled economic downturn, UN economists said on Thursday.

Hard times forecast for global job recovery in 2020, warns UN labour agency chief

Vendors in a bakery in Constantine, Algeria, during the COVID-19 crisis.

Kosovo has undertaken critical steps in cybersecurity, says new Cybersecurity Capacity Maturity Model assessment

Kosovo has improved on many areas of cybersecurity capacity and has gained a comprehensive understanding of existing gaps and opportunities for capacity building in recent years, a new report assessing Kosovo’s cybersecurity says. The report uses the...