The World Bank Board has approved $660 million in financing to support Türkiye’s efforts to expand electric rail transportation that will help improve the efficient movement of goods across the country, boost exports, …
The World Bank plans to allocate $150 billion to finance climate projects over the next 10 years, the World Bank's Vice President for Sustainable Development Juergen Voegele said at COP29 in Baku. “The World Bank …
The International Monetary Fund has upgraded its economic growth forecast for Georgia to a 7.6% for 2024, surpassing the rates of European countries and the country's regional neighbours, the Georgian Economy Ministry said. In its …
The World Bank now forecasts that Uzbekistan's GDP will grow 6% in 2024, 5.8% in 2025 and 5.9% in 2026, according to the bank's latest Global Economic Prospects review. The bank's previous forecast in June predicted more …
Today, employees of the World Bank and a business delegation of the European Union visited Yerevan
The Georgian economy has been projected to grow 5.2% in 2024 in the June edition of the World Bank’s Global Economic …
Türkiye and the World Bank signed an agreement on cooperation in the energy sector. It is aimed at expanding the use of renewable energy sources.
Almost a hundred new cars for the Tbilisi metro will be purchased using funds from the Asian Bank. The total purchase amount is 205 million euros.
The World Bank will provide Armenia with a loan worth more than 90 million euros through the International Bank for Reconstruction and Development. The funds will be used to cover the budget deficit.
President of Azerbaijan Ilham Aliyev held meetings with Senior Managing Director of the World Bank Axel van Trotsenburg and Secretary General of the OSCE, Deputy President of the Foundation Council, Munich Security Conference Helga Maria …
The World Bank reported that oil prices could be pushed into “uncharted waters” if the conflict between Israel and Hamas widens, which could result in increased food prices worldwide. The World Bank’s …
Issues of the South Caucasus in the World Bank will be supervised by Rolanda Pryce
Chairman of the Central Bank of Azerbaijan talked with the World Bank's new manager. One of the main topics of the meeting was the cooperation for the next 5 years.
Azerbaijan and the World Bank have discussed measures implemented in the direction of economic diversification, Minister of Economy of Azerbaijan …
The World Bank has approved a $1 bln loan to Türkiye
According to World Bank data, despite the sanctions, Russia returned to the top ten largest economies in the world, taking eighth place in the ranking.
In 2023, Georgia will prepare documents necessary for laying a 1,200-kilometer digital cable to Romania. The World Bank is financing the project. Today, Georgia’s Cabinet of Ministers informed about the plans to …
The World Bank on Tuesday trimmed its global growth forecast for 2023 from 3% to 1.7%. The decrease is due to monetary policy tightening to tame elevated inflation, reduced investment, and disruptions caused by the Ukraine war, the bank …
The UN chief called Monday for "massive investments" to help Pakistan recover from last year's devastating floods, saying it was "doubly victimised" by climate change and a "morally bankrupt global financial …
“Building on 30-years of partnership with the government of Azerbaijan, the World Bank supports the country’s green aspirations"
