Tag: "world bank"
World Bank's IFC ramps up investment amid global uncertainty

World Bank's IFC ramps up investment amid global uncertainty

World 15:28 04/07/2025

While the world economy faces instability from US President Donald Trump's threats of a global trade war, the International Finance Corporation (IFC) is dramatically ramping up its investment activities.

BRICS to launch guarantee fund to boost investment in member nations, sources say

BRICS to launch guarantee fund to boost investment in member nations, sources say

World 10:37 04/07/2025

The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank (NDB) to lower financing costs and boost investment, two people familiar with the matter told Reuters.

World Bank, IAEA to cooperate on nuclear power development, safety

World Bank, IAEA to cooperate on nuclear power development, safety

World 18:53 26/06/2025

The World Bank and the United Nations nuclear watchdog on Thursday launched a new agreement to cooperate on the safe development and financing of nuclear power for developing countries, including extending the life of existing reactors.

As economic growth slows, Pacific Islands should boost women in jobs, says World Bank

As economic growth slows, Pacific Islands should boost women in jobs, says World Bank

World 15:10 17/06/2025

SYDNEY - Less than half of working age women are employed across the Pacific Islands due to outdated laws and other barriers, the World Bank said in a new report on Tuesday, and said closing the gender gap could boost economic growth.

Trump's budget includes $3.2 billion for World Bank's fund for poorest countries

Trump's budget includes $3.2 billion for World Bank's fund for poorest countries

World 13:26 03/05/2025

WASHINGTON - President Donald Trump on Friday asked Congress to approve $3.2 billion in contributions to the World Bank's International Development Association (IDA), which provides low- or zero-interest loans to the world's poorest countries.

World Bank expert pinpoints weaknesses in Vietnam’s semiconductor workforce training

World Bank expert pinpoints weaknesses in Vietnam’s semiconductor workforce training

Education 13:57 27/04/2025

A World Bank (WB) expert has identified several key weaknesses in Vietnam’s semiconductor workforce training and recommended that businesses participate in the training process to ensure output quality aligns with practical industry demands.

World Bank chief economist sounds alarm on emerging market debt issues, urges liberalization

World Bank chief economist sounds alarm on emerging market debt issues, urges liberalization

World 12:15 26/04/2025

WASHINGTON -- Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing countries, but cutting their own tariffs could provide a big boost, said Indermit Gill, the World Bank's chief economist.

Policymakers are achieving the art of the impossible, IMF chief says

Policymakers are achieving the art of the impossible, IMF chief says

World 11:17 25/04/2025

Praising what she described as "impossible" policy shifts in Germany, Britain and Argentina, International Monetary Fund Managing Director Kristalina Georgieva said on Thursday the global economy is entering a "new era."

Ireland to give 141 million euros to World Bank fund for poorest countries

Ireland to give 141 million euros to World Bank fund for poorest countries

World 11:16 25/04/2025

WASHINGTON -- Ireland will contribute about 141.4 million euros ($161 million) to the World Bank's latest replenishment of its fund for the poorest countries, a 33.5-percent increase over the country's previous contribution, Finance Minister Paschal Donohoe said on Thursday.

World Bank an important partner of Vietnam: PM

World Bank an important partner of Vietnam: PM

Vietnam News 20:34 19/07/2022

Vietnam always considers the World Bank a good friend and an important partner

World Bank grants Vietnam over $6mn to cope with COVID-19

World Bank grants Vietnam over $6mn to cope with COVID-19

Economy 17:04 31/07/2020

The grant will support Vietnam to quickly monitor and respond to COVID-19

Vietnamese universities, province secure $422mn in WB credit

Vietnamese universities, province secure $422mn in WB credit

Education 14:36 02/07/2020

The credit aims to improve the three universities’ teaching and research capacity