Sri Lanka has been selected as one of 20 countries to establish a World Bank Group (WBG) integrated office, set to open in July 2025, according to an announcement made by WBG President Ajay Banga yesterday.
CEO Magazine Sri Lanka’s Post
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The World Bank has urged Pakistan to double its investments to boost growth. They recommend 𝘀𝗶𝗺𝗽𝗹𝗶𝗳𝘆𝗶𝗻𝗴 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 and ensuring 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗽𝗿𝗲𝗱𝗶𝗰𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 to attract more investments. Regulatory predictability can attract investments and drive growth. Both the corporate sector and the government must collaborate to create a sustainable, stable, and inclusive economy. #PakistanGrowth #Sustainability #Investment #Corporate #Government #EconomicDevelopment https://lnkd.in/d5Ji4A7R
World Bank Urges Pakistan to Double Investment to Boost Growth
bloomberg.com
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It was a privilege to join a discussion with the World Bank on Sri Lanka's economic outlook and share sectoral perspectives. The objective of the discussion was to explore the best ways to incorporate private sector input into the preparation of the Sri Lanka Development Update Report. Many valuable insights and viewpoints were exchanged between private sector representatives and World Bank officials in Sri Lanka. Two key points highlighted during the discussion were: *Streamlining the role of the BOI to better facilitate investors, serving as a one-stop solution. *The urgent need for a development bank to support SMEs, particularly through the provision of concessionary financing. One observation I had during the discussion was the presence of some gaps in the understanding of certain issues between World Bank and the private sector. To address this, it is essential to encourage more frequent engagement between the private sector, multilateral institutions, and academia. This will ensure that valuable, practical insights are shared and incorporated into reports published to enable better decision-making within both the government and the private sector. #Economy #Finance #WorldBank
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🚀 The World Bank Identifies Challenges for Uzbekistan’s Services Sector 🌍 The World Bank highlights three key challenges to drive growth in Uzbekistan’s services sector: 1️⃣ Limited sector integration with industries like manufacturing 2️⃣ Low contribution of global innovative services like IT and finance 3️⃣ Productivity gaps in low-skill services Addressing these through digitalisation and innovation could boost productivity and create higher-quality jobs. 👉 Read more here: https://lnkd.in/d5NzwwA8 #WorldBank #Uzbekistan #ServicesSector #EconomicGrowth #Innovation #Productivity
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Unlocking sustainable growth! World Bank's $20 billion commitment over 10 years to boost private sector investment and effective resource allocation World Bank Ahsan Zafar Bakhtawari Islamabad Chamber of Commerce & Industry #ahsanbakhtawari #SustainableDevelopment #EconomicGrowth
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#Gambia – Accelerated economic recovery is accelerated by commitment to reform programme 🏦 How is the IMF’s new financing arrangement supporting a #reform agenda in Gambia? 💰 What are the recent #investments in Gambia’s major sectors like #telecoms and power? 🤔 Is there a threat of #fiscal pressures emerging as a #debt moratorium lapses? Our Insight Members can download the full briefing through the link in the comments section. #Banjul #AdamaBarrow #GambiaTourism #IMF #Gamtel #AfDB #MegaBank #riskforecasting #PangeaRisk
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Pakistan ranked 5th in South Asia for Ease of Doing Business as per the World Bank Report 2020. To create a conducive business environment, there is a dire need to implement new policies and comprehensive reforms. #EaseofDoingBusiness #PakistanEconomy #WorldBank #southasiaeconomy
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Bangladesh to receive USD1.1bn from ADB, WB by December November 20, 2024 ● ADB to provide USD600mn and WB USD500mn by December, doubling initial pledges of USD300mn and USD250mn respectively, as announced on November 19, 2024. ● Discussions underway for an additional USD1bn in IMF support, with a decision expected after the IMF visit on December 4.
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#Rwanda has topped Sub-Saharan Africa in all three pillars of the World Bank's inaugural Business Ready report, which assessed the business and investment climate of 50 economies. Here's what to know.
Rwanda leads region in World Bank Business-Ready survey
newtimes.co.rw
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Bangladesh Bank is set to step aboard a comprehensive evaluation of banks' assets in November 2024, focusing on stabilizing the financial sector and ensuring sustainable growth. With a dedicated taskforce, international collaboration, and governance reforms, this initiative aims to address risks, capital shortfalls, and vulnerabilities for a resilient banking ecosystem. 🇧🇩 #BangladeshBank #BankingReform #EconomicStability #FinancialHealth #Governance #InternationalCollaboration #Taskforce
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African Development Bank to build modern headquarters in Abidjan
African Development Bank to build modern headquarters in Abidjan
modernghana.com
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