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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...
India and other South Asian countries are likely to record their worst growth performance in four decades this year due to the coronavirus outbreak, the World Bank said on Sunday....
The World Bank and the International Monetary Fund on Wednesday urged official bilateral creditors to provide immediate debt relief to the world’s poorest countries as they grapple with severe...
The new coronavirus epidemic poses a “serious threat” and will slow growth in the world economy to below the 2.9 per cent posted last year, IMF chief Kristalina Georgieva said...
