Tag: World Bank
ICC urges World Bank, IMF to help avoid unintended effects of...
International Chamber of Commerce Secretary General John Denton asked leaders of the International Monetary Fund and World Bank to “urgently consider making...
China’s economic growth seen to slow in 2022—World Bank
China’s real GDP growth is seen to reach 8.0% in 2021 before moderating to 5.1% in 2022After expanding 12.7% year-on-year in the...
ICC joins call for emergency debt relief for developing countries
The International Chamber of Commerce (ICC) is urging finance ministers to use this week’s Spring Meetings of the World Bank Group (WBG)...
Highly trained customs workforce key to trade reform success—WB
Educating customs officials and customs brokers through regular training is positively associated with lower border and documentary compliance times, according to a recent case...
East Asia adopts 45 reforms to improve ease of doing business
Business reforms continued at speed in East Asia and Pacific, with regional economies adopting 45 reforms during the past year, bringing to 371 the...
WB designing $200M modernization plan for PH customs
The World Bank (WB) is preparing a project that aims to support the Philippine Bureau of Customs (BOC) in enhancing its efficiency, effectiveness and...
WTO chief: China’s commitment to openness will continue to drive economy...
World Trade Organization Director-General Roberto Azevêdo recently visited Beijing, China to participate in the “1+6” roundtable meeting hosted by Chinese Premier Li Keqiang, together...
More inclusive global value chains can advance growth in developing countries-report
Global value chains (GVCs) are transforming world trade, but must be more inclusive if they are to deliver greater benefits to developing countries and...
Merkel, leaders of five multilateral agencies seek answers to globalization challenges
German Chancellor Angela Merkel played host to her annual meeting involving the chiefs of the World Trade Organization, the International Monetary Fund, the World...
UNCTAD convenes forum for National Trade Facilitation Committees
The United Nations Conference on Trade and Development (UNCTAD) will organize the first International Forum for National Trade Facilitation Committees (NTFCs) in cooperation with the...