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Tag: WORLD BANK

Former finance minister's press conference emphasizes accountability on COVID-19 fund management, challenging accusations.
Politics

Former Finance Minister Calls for Investigation of WFP, Not Himself

July 5, 2025July 5, 2025 - by Allegra Nguyen - Leave a Comment

Tweah Condemns Allegations About Fund Mismanagement Former Finance Minister Samuel D. Tweah has recently urged the Liberian government to look into the World Food Programme (WFP) concerning the COVID-19 stimulus …

Former Finance Minister Calls for Investigation of WFP, Not Himself Read More
Vibrant ocean scenery depicting marine resources, sustainable tourism, and flourishing fisheries in a blue color scheme.
Business / economics

Comoros Economic Update: Blue Economy as a Path to Sustainable Growth

June 26, 2025June 26, 2025 - by Carmen Mendez - Leave a Comment

Comoros’ economy is projected to grow by 3.4% in 2024, yet challenges like poverty and external vulnerabilities persist. The blue economy offers potential for sustainable growth through fisheries and marine …

Comoros Economic Update: Blue Economy as a Path to Sustainable Growth Read More
A vibrant city skyline of Beirut with modern architecture reflecting economic growth and stability.
Business / economics

Lebanon Economic Monitor – Spring 2025: Turning the Tide?

June 20, 2025June 20, 2025 - by Sofia Nawab - Leave a Comment

Lebanon’s GDP is set to grow 4.7% in 2025, despite ongoing political fragility and financial crises. The latest World Bank Lebanon Economic Monitor explains recent revisions, predicting a 7.1% contraction …

Lebanon Economic Monitor – Spring 2025: Turning the Tide? Read More
Desert landscape with landmarks representing financial collaboration between Saudi Arabia and Qatar.
Global news

Saudi Arabia and Qatar to Provide Financial Support to Syria’s State Employees

June 1, 2025June 1, 2025 - by Allegra Nguyen - Leave a Comment

Saudi Arabia and Qatar have announced financial support for Syria’s state employees, according to Saudi Foreign Minister Prince Faisal bin Farhan Al-Saud. The aid will be delivered over three months, …

Saudi Arabia and Qatar to Provide Financial Support to Syria’s State Employees Read More
A hopeful sunset over a peaceful Damascus skyline, symbolizing optimism and recovery in Syria after sanctions lifting.
Global news

Lifting of Sanctions Offers Hope for a New Beginning in Syria

June 1, 2025June 1, 2025 - by Allegra Nguyen - Leave a Comment

The recent lifting of Western sanctions on Syria has sparked hope for improvement in daily life and economic recovery for many citizens. Activists, professionals, and analysts see it as a …

Lifting of Sanctions Offers Hope for a New Beginning in Syria Read More
A financial graph representing improving credit ratings with upward trends and a stable outlook, in a modern style.
Business / Companies / economics

Moody’s Upgrades Nigeria’s Rating to ‘B3’ Amid Improved Economic Indicators

May 31, 2025May 31, 2025 - by Sofia Nawab - Leave a Comment

Moody’s upgraded Nigeria’s credit rating from ‘Caa1’ to ‘B3’ due to significant improvements in external and fiscal positions. The country’s economy is experiencing its fastest growth in nearly a decade, …

Moody’s Upgrades Nigeria’s Rating to ‘B3’ Amid Improved Economic Indicators Read More
A dark backdrop with rusted chains representing poverty, broken scales symbolizing economic imbalance, and dim light showing hope.
Business / Companies / economics

World Bank: Nearly Half of Nigerians Living in Poverty Amid Rising Inflation

May 22, 2025May 22, 2025 - by Carmen Mendez - Leave a Comment

According to the World Bank’s latest report, almost half of Nigerians live in poverty, driven by inflation that outpaces minimum wage growth. It notes that 46% of the population now …

World Bank: Nearly Half of Nigerians Living in Poverty Amid Rising Inflation Read More
Business / economics

Urgent Economic Reforms Needed to Rescue Nigeria’s Economy and Society

May 14, 2025May 14, 2025 - by Sofia Nawab - Leave a Comment

Dr. Akinwunmi Adesina highlights Nigeria’s declining per capita GDP, exposing economic mismanagement compared to South Korea’s growth. Critics challenge the accuracy of these claims, as the government struggles with inflation …

Urgent Economic Reforms Needed to Rescue Nigeria’s Economy and Society Read More
Business / Companies / economics

Vera Daves de Sousa: Angola’s Finance Minister Championing Economic Reform

May 2, 2025May 2, 2025 - by Carmen Mendez - Leave a Comment

Vera Daves de Sousa, Angola’s Finance Minister, has distinguished herself at the IMF and World Bank spring meetings. Despite Angola’s exclusion from international markets, Daves de Sousa brings considerable experience …

Vera Daves de Sousa: Angola’s Finance Minister Championing Economic Reform Read More
Business / Companies / economics

Angola Weighs IMF Support as Bond Yields Surge and Oil Prices Fall

April 30, 2025April 30, 2025 - by Carmen Mendez - Leave a Comment

Angola is in discussions with the IMF for potential financing options due to soaring bond yields and declining energy prices. The country aims to avoid international debt markets until yields …

Angola Weighs IMF Support as Bond Yields Surge and Oil Prices Fall Read More

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