Tag: World Bank
A World Bank report recommends that information regarding planning, fiscal costs, budgeting and procurement be made more available to the public.
The World Bank cut its 2019 global growth forecast, citing a slowdown in trade growth to the weakest since the financial crisis a decade ago and a drop in global investment.
Lead economist Richard Record says the country's fundamentals are sound.
If Donald Trump would have considered Ivanka Trump to head the World Bank, he would have been accused of nepotism.
Governments have been called by the IMF and World Bank to avoid increasing its debt which could deteriorate each country's economy.
The World Bank is prepared to help crisis-laden Venezuela, however David Malpass says the country's ground situation was still troublesome.
Jordan, whose public debt nearly equals economic output, has been hurt by the rise in global commodity prices.
Those criticisms are similar to those expressed by others in the development community.
The MSCI All-Country World Index, which tracks shares in 47 countries, was 0.3% lower, putting it on course to break a six-week streak of gains.
David Malpass is now poised to take over the helm of the World Bank, where he can put his own stamp on its policies – something that many experts say undermines the institution.
According to officials, the announcement will be made this week after Trump delivers his State of the Union address on Tuesday night.
Its investment lead economist Richard Record says country's diversified income stream will strengthen economy.
Through an unwritten post-war agreement with Europe, the World Bank has always been led by an American while a European has always been in charge of the IMF.
Global slowdown is beginning as government and corporate debt rise.
Trump might want an American in the new chief post to shift influence but will face many challengers. World Bank's CEO Kristalina Georgieva will serve as interim president.
The decision is likely to give Donald Trump decisive influence over the next leadership of the institution.
The bank had revised the country’s economic growth to 4.9% in October from 5.4% projected earlier.
They argue that decentralisation of powers and addressing economic inequality plaguing the country should be priorities for Malaysia to become a high-income nation.
The World Bank says Malaysia's economy is well diversified with solid foundations.
The causes of child marriage are complex and include traditional beliefs, climate change and conflict.
Putrajaya needs to balance between safeguarding growth, sustaining private sector confidence and promoting fiscal responsibility among others.
It hopes this leads to greater emphasis on the learning of Maths and Science to compete with other countries.
The World Bank Doing Business 2019 Report ranks Malaysia at the 15th spot, up nine places.
China's Premier Li Keqiang will meet the heads of the IMF, the World Bank and the World Trade Organization as well as the Organization for Economic Co-operation and Development in Beijing.