Tag: World Bank
Three-quarters of the rise would come from closing the gap in women's participation in the labour force while the rest would come from women becoming entrepreneurs.
The World Bank presentation shows a growth forecast of 4.9% for next year which is lower than current projections of 5.2%.
Kristalina Georgieva will replace former IMF chief Christine Lagarde, who has been named to lead the European Central Bank.
A media report claims the US$50 million World Bank loan to China was used to buy 'barbed wire, gas launchers, and body armour'.
The Malaysian Communications and Multimedia Commission says the number of fixed broadband subscriptions, with speeds of more than 100 Mbps, has also grown eight times to 1.2 million subscribers.
No member of the public would dare or want to complain against a department or agency they are dealing with unless they have run out of options.
It is high time we confront issues pointed out by the World Bank and others about the bloated civil service and its performance, and recruitment policies.
World Bank lead economist Richard Record says Malaysia is also benefiting from trade diversion in the ongoing US-China tariffs war.
It says reforms to public service will help enable future growth and shared prosperity.
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.