Tag: World Bank

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World Bank won’t abandon top credit rating to boost climate lending -Malpass

Business

The Business Files Reporter - January 11, 2023

World Bank President David Malpass said on Tuesday that the lender is not considering giving up its top-tier credit rating as a means to...

World Bank seeks more funds to address climate change, other crises

Debt-service payments put biggest squeeze on poor countries since 2000

Business

The Business Files Reporter - December 8, 2022

The poorest countries eligible to borrow from the World Bank’s International Development Association (IDA) now spend over a tenth of their export revenues to...

Remittances grow 5% in 2022, despite global headwinds

Business

The Business Files Reporter - December 6, 2022

Remittances to low- and middle-income countries (LMICs) withstood global headwinds in 2022, growing an estimated 5% to US$626 billion. This is sharply lower than the...

Africa’s debt conundrum

Africa

The Business Files Reporter - November 9, 2022

Some observers believe that African governments are falling into the same debt patterns as spiralled out of control in the 1990s and into the...

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IMF predicts global public debt will be at 93% of GDP by end of 2024

World Bank’s Banga says more bilateral debt forgiveness needed

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

IMF: South Africa needs decisive efforts to cut spending

IMF predicts global public debt will be at 93% of GDP by end of 2024

World Bank’s Banga says more bilateral debt forgiveness needed

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

IMF: South Africa needs decisive efforts to cut spending

Tag: World Bank

Browse our exclusive articles!

World Bank’s Banga says more bilateral debt forgiveness needed

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

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