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The International Monetary Fund (IMF), will raise its forecast for global economic growth in 2021 and 2022 after last year’s 3.5% contraction, but financial conditions remain highly uncertain, IMF...
Myanmar anti-coup protesters staged more rallies on Friday after the military reportedly shot dead nine people a day earlier and as the World Bank warned the country's economy could...
Gulf Today Report The World Bank on Thursday announced financing for Afghanistan, Bangladesh and Nepal to vaccinate their populations against Covid-19. Afghanistan will receive $113 million — including $60...
Gulf Today Report Lebanon’s parliament on Friday approved a $246 million loan from the World Bank that will provide direct cash assistance for more than 160,000 vulnerable families, at...
Egypt’s economy recorded an annualised growth rate of 2% in the second quarter of its 2020-21 fiscal year, and 1.35% in the first half of the same, Planning Minister...
Myanmar police launched a crackdown overnight in a neighbourhood of the main city of Yangon to break up a protest against a military-appointed official, as the World Bank said...
The World Bank has predicted that more countries will come under ‘deep debt distress’ this year as the coronavirus pandemic situation worsens. Chad and several other countries are already in...
Gold pushed above $1,800 an ounce on Wednesday for the first time since 2011, with analysts expecting further gains as investors stock up on an asset they expect to...
The coronavirus pandemic inflicted a “swift and massive shock” that has caused the broadest collapse of the global economy since 1870 despite unprecedented government support, the World Bank said on...
COVID-19 is teaching everyone in the world, the importance of washing hands, using sanitisers, maintaining personal hygiene, even sanitising door knobs and elevator buttons, importance of carrying tissues with us...
