Friday, September 30, 2022
Tags World Bank

Tag: World Bank

WB lowers growth forecast for Asia due to China slowdown

Growth forecast for China cut sharply to 2.8% this year, rising to 4.5% in 2023 Vietnam, with forecast growth of 7.2% this year,...

Multilateral agency heads urge action on global food security crisis

Leaders of FAO, IMF, WB, WFP and WTO cry for urgent action to address food security crisis saying...

World Bank cuts global growth forecast to 2.9% this year

Global economy forecast to drop to 29% in 2022 from 5.7% last yearWorld Bank warns prolonged weak growth, high inflation ups stagflation...

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...