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World Bank, Kenya
World Bank cuts Kenya's 2024 growth estimate to 4.7% on fiscal challenges
The World Bank downgraded Kenya's economic growth estimate for this year to 4.7% on Tuesday, from an initial 5.0%, citing the impact of floods, anti-government protests and flailing fiscal consolidation efforts.
World Bank Lowers Kenyan Growth Forecast on Floods, Protests
Kenya’s economy is heading for its worst performance since a coronavirus-induced contraction in 2020 because of floods and anti-government protests, according to the World Bank.
World Bank Downgrades Kenya's 2024 Growth Estimate
Kenya has been dealt a blow after the World Bank downgraded its economic growth estimate for this year on Tuesday, December 10. The World Bank downgraded the economic growth estimate to 4.7% from an initial 5.
8h
on MSN
World Bank: Israel-Hezbollah war intensified Lebanon’s economic contraction
The World Bank said Tuesday that the Israel-Hezbollah conflict has dealt another significant blow to Lebanon's already ...
5h
US Treasury transfers $20 billion in Ukraine loan funds to World Bank facility
The U.S. Treasury Department on Tuesday said it transferred the $20 billion U.S. portion of a $50 billion G7 loan for Ukraine ...
1d
A closer look at the World Bank’s new $100bn mobilisation target
As it strives to reach the $100bn mobilisation target without damaging its credit rating, the IDA may feel the need to lean ...
Bloomberg L.P.
7d
World Bank Calls for Debt Relief as Funds Flee Poor Countries
The
World
Bank
’s top economist called on private lenders to shoulder some of the cost of debt forgiveness for the poorest ...
10h
on MSN
Philippines GDP growth hit by typhoons, but outlook robust, says World Bank
The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of ...
Business Daily Africa
5h
World Bank warns Kenya on secret Adani-type deals
The World Bank wants Kenya to seek competitively sourced PPPs and not the PIPs amid concerns that the unsolicited deals are ...
7h
World governments need to curb spending or risk being 'too late' when markets panic, BIS warns
"Government debt trajectories represent the most serious threat to macroeconomic and financial stability," BIS economist ...
World Bank
6d
World Bank Group Announces Record $100 Billion IDA Replenishment
The World Bank Group and partner governments have mobilized a record replenishment to the International Development ...
Devex
1d
Devex Newswire: The World Bank’s debatable victory
The World Bank touted a major funding boost for the world's most vulnerable nations. But critics say the increase falls short ...
Rappler
16h
World Bank sees 6% growth rate for Philippines from 2024 to 2026
Private consumption will likely remain the main engine of growth from 2024 to 2026 fueled by OFW remittances, stable inflation, and higher employment rates, says the bank's outlook for the Philippines ...
4d
World Bank Raises Record $100 Billion for Aid to Poorest Nations
The World Bank received pledges to deploy a record of $100 billion via its unit focused on low-interest loans and grants to ...
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Ukraine
Kenya
Maharashtra
100 billion
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