Finance & Economics
Act now to end food, energy and finance crisis, Guterres urges world leaders
A family shares a meal in Yemen with food provided by the UN World Food Programme (WFP).
- Read more
- 176 reads
Japanese Life Insurance Companies Purchased World Bank Sustainable Development Bond to Support Holistic Approach to Climate Action
The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) on April 26, issued an 8-year AUD 516 million Sustainable Development Bond due April 26, 2030.
- Read more
- 172 reads
Entrepreneurship, investment key to achieving SDGs and resilient post-pandemic recovery
Dr. Hashim Hussein, Head of Investment and Technology Promotion Office at UNIDO, inaugurates the World Entrepreneurs Investment Forum 2022 at Expo Dubai.
- Read more
- 184 reads
Boosting Labor Productivity in Sub-Saharan African Countries Could Bring Transformational Economic Benefits to the Region
A comprehensive agenda to boost worker output in Africa is vital for the continent’s post-pandemic recovery and long-term prosperity, as well as protection against the impacts of climate change, says a new World Bank report.
- Read more
- 350 reads
Boosting Labor Productivity in Sub-Saharan African Countries Could Bring Transformational Economic Benefits to the Region
A comprehensive agenda to boost worker output in Africa is vital for the continent’s post-pandemic recovery and long-term prosperity, as well as protection against the impacts of climate change, says a new World Bank report.
- Read more
- 209 reads
Better Targeting of Social Protection Programs can Significantly Reduce Poverty in Bangladesh
Social Protection Programs remain central to Bangladesh’s sustainable development policy and are progressively benefitting the poorer households. By improving targeting of the social protection programs, the country can further reduce poverty. Reallocating existing transfers to the poorest could reduce poverty from 36 percent to 12 percent, says a new World Bank report launched today.
- Read more
- 269 reads
Sierra Leone’s Economy is Recovering from COVID-19 Contraction Although Uncertainties Persist
Sierra Leone’s economy is projected to recover from the COVID-19 contraction with real GDP expected to rebound by 3.0 percent in 2021, an upward revision of 0.8 percentage point relative to the 2020 forecast, according to the new World Bank Sierra Leone Economic Update launched in Freetown, on Augest 5. The growth rebound reflects the expected recovery of agriculture, mining and services following the easing of COVID-related restrictions and Government’s Quick Action Economic Response Program (QAERP).
- Read more
- 294 reads
US$25 million Grant to Build Beirut Businesses Back and Better
A US$25 million grant will support the recovery of targeted micro and small enterprises (MSEs) directly affected by the Port of Beirut blast and sustain the operations of eligible microfinance institutions (MFIs). The Building Beirut Businesses Back and Better (B5) Fund will also help preserve private sector jobs and reduce business closure and layoffs.
- Read more
- 287 reads
Tanzania Has an Opportunity to Ignite Inclusive Economic Growth by Transforming Its Tourism Sector
As Tanzania’s tourism sector recovers from the harsh effects of the COVID-19 (coronavirus) pandemic on businesses and employment, the latest World Bank economic analysis says the country also has a unique opportunity to revamp the tourism industry to drive inclusive growth over the long term, and promote climate adaptation and mitigation.
- Read more
- 311 reads
Jobs must be at heart of recovery to avoid deep scars in economy and society, says OECD
The strong economic recovery underway across OECD countries is yet to fully translate into enough new jobs to get employment levels back to pre-pandemic levels in most member economies according to a new OECD report.
- Read more
- 299 reads
