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Argentine President Javier Milei lifts the exchange rate cap, allowing for a new floating exchange rate system. This bold move, supported by significant IMF loans, aims to tackle inflation but …
Argentina’s Bold Economic Shift: Lifting the Exchange Rate Cap Read More
Aguas y Saneamientos Argentinos (AySA) is experiencing a financial turnaround after President Javier Milei removed certain price controls, resulting in significant bond gains. The utility’s restructuring and increased consumer fees …
Aguas y Saneamientos Argentinos: Bond Rally Amidst Privatization Prospects Read More
Colombia, rich in biodiversity, has expanded its climate finance from primarily reducing greenhouse gases to include biodiversity financing. The government, with support from the World Bank Group, has developed regulations …
Advancing Biodiversity Finance Initiatives in Colombia Read More
China has announced its desire to aid in Ukraine’s post-war reconstruction, emphasizing support in line with the parties’ wishes. This follows President Zelensky’s earlier comments on potential Chinese assistance, amidst …
China Expresses Interest in Ukraine’s Post-War Reconstruction Efforts Read More
The World Bank forecasts universal poverty in South Sudan by 2025, driven by declining oil production and external shocks, with over 76% of the population living below the poverty line. …
World Bank Projects Universal Poverty in South Sudan by 2025 Read More
A World Bank report reveals that 92% of South Sudan’s population lived in extreme poverty in 2024, primarily due to poor governance and economic mismanagement. Key challenges include hyperinflation and …
Majority of South Sudanese Face Extreme Poverty in 2024, Warns World Bank Report Read More
The World Bank emphasizes urgent reforms for Liberia’s economy during the launch of the Liberia Country Economic Memorandum, warning that the next five years are critical for sustainable growth. The …
World Bank Urges Bold Reforms for Liberia’s Economic Future Read More
Cabo Verde’s Climate and Development Report highlights the country’s vulnerabilities due to geographic factors and economic reliance on tourism. Despite economic growth and poverty reduction, challenges persist, including high public …
Cabo Verde’s Path to Climate Resilience and Sustainable Development Read More
The World Bank Group’s “People in a Changing Climate” report emphasizes the importance of water in climate adaptation and outlines urgent investment needs in the water sector. Highlighting the distinct …
Water Central to Climate Solutions: Insights from World Bank Report Read More
Yemen faces severe challenges from prolonged conflict and the impacts of climate change, threatening food security and economic stability. The Yemen Country Climate and Development Report stresses urgent climate-resilient investment …
Addressing Climate Challenges in Yemen: Pathways to Resilience amidst Conflict Read More