Tag: World Bank

World Bank achieves record 65% growth in commitments in 2020: Malpass

Malpass added that the figure represents a rapid doubling of trade and…

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World Bank approves $440m to enhance Egypt railway safety, service quality

Railway improvement, safety project expected to cost $681.1m, including $241.1m in ENR…

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479 million people projected to live in extreme poverty by 2030: World Bank

Flexibility of economic inclusion programmes makes them well suited to adapt to…

Shaimaa Al-Aees Shaimaa Al-Aees

World Bank awards Egypt $200m loan for air quality monitoring projects

Egypt’s Environment Minister Yasmine Fouad reviews environmental updates with Parliament’s Energy Committee

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Egyptian economy to grow 2.7% in fiscal year 2020/21: World Bank

Egyptian economy has been heavily disrupted by coronavirus pandemic. However, it avoided…

Shaimaa Al-Aees Shaimaa Al-Aees

Global economy to expand by 4% in 2021: World Bank

“Top near-term policy priorities are controlling the spread of COVID-19, and ensuring…

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Egypt’s economic reform improves macroeconomic stability, restores confidence: WB

Egypt's reforms have yet to trigger a marked and sustained increase in…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt, World Bank hold first meeting on LIBOR phase-out

London Interbank Offer Rate (LIBOR) has been widely used since the 1970s…

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Egypt, World Bank conclude periodic review on Development Policy Financing Framework

Egypt, World Bank sign four agreements in health, social solidarity, and environment…

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Global economy to return to pre-pandemic levels in 3 years: World Bank

Bank approved $12bn grant in October to help developing countries purchase and…

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