Finance & Economics

For Africa, ‘winds of hope are blowing ever stronger,’ Guterres declares at conference on development

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The UN Secretary-General António Guterres addresses the 7th Tokyo International Conference on...

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Marginalized groups hit hardest by inequality and stigma in cities

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City view of Bogotá, Colombia.

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World Bank Prices Successful US$3.5 Billion 5-Year Global Benchmark Bond for Sustainable Development

The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA), on August 22, priced its first USD benchmark issue for its new fiscal year, with a USD 3.5 billion 5-year global benchmark due August 28, 2024. There were orders...

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World Bank Launches Stakeholders Consultations to Support Peace in Afghanistan

The World Bank launched a stakeholder’s consultation to identify economic initiatives to support and sustain peace in Afghanistan once a potential political settlement is reached with the Taliban, on August 22.

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Worsening Water Quality Reducing Economic Growth by a Third in Some Countries: World Bank

The world faces an invisible crisis of water quality that is eliminating one-third of potential economic growth in heavily polluted areas and threatening human and environmental well-being, according to a World Bank report released on August 20.

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World Bank Supports Maldives in its Journey Towards Resilience and Prosperity

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Minister of Finance for Maldives, Hon. Ibrahim Ameer and the World Bank Country Director for Maldives, Nepal and Sri Lanka, Dr. Idah...

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‘Invisible’ crisis of water quality threatens human and environmental well-being: World Bank report

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Water, along with pollutants and contaminating agents, flows into a canal in Maputo,...

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Canada has the most comprehensive and elaborate migration system, but some challenges remain

Canada has the largest and most comprehensive and elaborate skilled labour migration system in the OECD, according to a new OECD report.

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Composite Leading Indicators (CLI), OECD, August 2019

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IMF Executive Board Concludes 2019 Article IV Consultation with the People’s Republic of China

On July 31, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with China.

The Chinese economy is facing external headwinds and an uncertain environment. GDP growth slowed to 6.6 percent in...

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