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Azerbaijani President Ilham Aliyev held a meeting with Regional Director of the World Bank for the South Caucasus Mercy Tembon today, the presidential press service of Azerbaijan reported. …
The White House rejected reports that U.S. President Donald Trump's daughter and adviser Ivanka Trump is a possible candidate for the position of World Bank Group president. White House Deputy Director of …
US President Donald Trump's daughter and adviser Ivanka Trump and former UN Ambassador Nikki Haley and are among possible US candidates to replace outgoing World Bank President Jim …
The World Bank Board would start accepting nominations for a new leader early next month and name a replacement for outgoing-President Jim Yong Kim by mid-April. The board of the Washington-based global development …
The World Bank downgraded its global economic growth forecast to 2.9% from 3% in 2019 due to a decline in trade and investment. The World Bank’s January 2019 World Economic Outlook is titled 'Global Economic Prospects. Darkening …
Ukraine has received a loan of EUR 349.3 million from Deutsche Bank issued under a World Bank guarantee, the press service of the Ukrainian Finance Ministry has said, Ukrinform reported. "Today, Ukraine's state budget received …
The World Bank had changed its outlook for Russia’s economic growth rates for 2018 to 1.6% from 1.5%, according to Russia Economic Report. It expects gross domestic product to grow by 1.5% in 2019 and by 1.8% in 2020. “In …
Why the World Bank, CNN and the Financial Times among others refused to participate in the event
Georgia has reached a historic high in terms of effectiveness of corruption control and governance, according to the World Bank report 'Worldwide Governance Indicators'. Georgia scored 77.40% on Control of Corruption 100% scale, …
First Vice Premier of Armenia Ararat Mirzoyan has asked the World Bank to assist the Armenian authorities in their efforts to bring the financial resources illegally taken from the country back. "It …
The Electronic and Digital Financial Services Project is implemented Nakhchivan
World Bank Vice President of Europe and Central Asia Cyril Muller said that investment in education, healthcare and infrastructure will enable Russia to accelerate its economic growth. "I believe Russia can …
This would involve painful steps such as raising energy prices or shutting down companies unable to adapt to the changing environment
Georgia is the world’s third largest miner of cryptocurrencies, according to a new World Bank report, Cryptocurrencies and Blockchain: Europe and Central Asia Economic Update. "Blockchain technologies are …
It could create 140 million migrants by 2050
Generational inequality has been growing and is now a major challenge to European growth and social cohesion
Russia saw major increases of FDI (foreign direct investment) last year of 25 percent
The World Bank CEO Kristalina Georgieva said that Russia is able to reach average global economic growth rates of around 2.9%. "The World Bank projects a 2.9% global economic growth rate through 2020. I assume …
Russia’s economic growth is expected to stabilize at around 1.8% in 2018-2020 as the country has adjusted to the new level of oil prices, the World Bank said in its January report named 'Broad-Based Upturn, but for How Long?'. …
Failure to do so could undermine ruling elites and create serious political risks
