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Zambia : Zambian Marjorie Mpundu appointed World Bank Country Manager for Zimbabwe
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WB to provide $ 500 m to assist COVID-19 Emergency Response and Pandemic Preparedness Project
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KUWAIT CITY, MARCH 16: The World Bank Kuwait Office in partnership with British Embassy and CEFAS hosted a virtual seminar on Economic Diversification for a Sustainable and Resilient Kuwait, with distinguished panelists representing GS-SCPD, KFAS, KAPP and moderated by KISR. Kuwait has sustained one of the world’s highest rates of economic growth due to abundance of natural resources, particularly oil and gas reserves, which it has converted into some level of diversified trade and investments.In recognition of the environmental risks that such rapid growth could pose, the Government of Kuwait (GoK) has undertaken a number of important steps notably the Kuwait National Development Plan (NDP), passing of new environment protection law in 2014 and many more initiatives.
Liberia: Government Launches US$3.4m COVID-19 Relief Package for 15K Households in Montserrado
Liberia: Government Launches US$3.4m COVID-19 Relief Package for 15K Households in Montserrado
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Monrovia – The Government of Liberia, through the Ministry of Gender and Social Protection says all is set for the direct transfer of cash to 15 thousand households in Montserrado County.
Making the announcement at a press conference recently, the Minister of Gender, Children and Social Protection, Williametta E. Saydee-Tarr said the intervention is part of the government’s response to the COVID-19 pandemic – to assist extremely poor and food-insecure families affected by the pandemic.
Kazakhstan needs to focus on delivering reforms to ensure full recovery
February 1, 2021
Kazakhstan needs to focus on delivering reforms for inclusive economic recovery and higher productivity to ensure a full recovery from the impact of the Covid-19 pandemic.
Kazakhstan’s economy is expected to grow modestly by 2.5 per cent in 2021 and support higher growth by 3.5 per cent in 2022, but significant downside risks remain due to uneven worldwide economic recovery and higher debt-related risks on the global financial market, according to the World Bank’s latest Kazakhstan Economic Update.
World Bank experts say that 2020 was the most challenging year for Kazakhstan’s economy in the last two decades. The fallout of the Covid-19 pandemic has hit the economy harder than the crises in 2008 and 2015. The spread of the pandemic halted global activity in the second quarter of 2020 and depressed global demand and price of oil, which is Kazakhstan’s main export commodity. The pandemi
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