Finance & Economics

FYR Macedonia Country Partnership Strategy Progress Report helps the country in the midst of Eurozone crisis

The World Bank’s Executive Directors on last Thursday discussed the Country Partnership Strategy Progress Report (CPSPR) for FYR Macedonia.

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World Bank Warns Against Complacency Amid High Food Prices and Hunger

The world cannot afford for high and volatile food prices to be the “new normal,” while millions of people continue to suffer from hunger and to die from malnutrition, the World Bank Group warned on last Thursday.

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Spain has embarked on the path to recovery, but must continue with reforms, OECD says

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Global economy facing hesitant and uneven recovery, says OECD

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World Bank approves $500 million to accelerate Tunisia’s economic recovery, pave way for more inclusive growth

The World Bank Tuesday approved a US$500 million loan to Tunisia that continues Bank support for key reforms as the government manages the country’s political transition.

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OECD helps countries track and secure climate finance and boost green infrastructure investment and low-carbon technologies

Finance Flows for Mitigation.-566x332_0_0.PNG

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World Bank Invests in Expanded Water and Sewage Services for Gaza

A US$6.4 million grant to improve and expand coverage of water and sewage services in Gaza was approved by the World Bank Group Board of Directors Tuesday. The Gaza Water Supply and Sewage Systems Improvement Project will finance the rehabilitation...

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Debt Deal Marks 'New Day' for Greece

The eurozone has agreed on a deal that will reduce Greek debt and help the nation avoid bankruptcy. Greek Prime Minister Antonis Samaras says the deal marks a “new day” for the debt-laden country.

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China and World Bank Group Launch New Knowledge Hub to Provide Solutions for Reducing Poverty

World Bank President Jim Yong Kim with Chinese Minister of Finance Xie Xuren