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Tag: World Bank
World Bank downgrades Algeria to lower middle-income status
The World Bank, the second largest international economic institution with the International Monetary Fund (IMF), has officially downgraded Algeria to lower middle-income status, a category ... Read More
World Bank: Morocco’s Covid-19 mortality rate, one of the lowest in the World
Morocco has one of the lowest covid-19 fatality rates (deaths in proportion to total infections) in the world (less than 2.6 pc), while 90 pc ... Read More
Covid-19: World Bank lends Morocco $48 Mln to enhance health services
The World Bank has approved a $48-million loan to Morocco to enable the country mitigate the impacts of the coronavirus pandemic which has so far ... Read More
World Bank expects Morocco’s economy to contract 4% in 2020
The World Bank delivered bleak prospects for growth in Morocco which was seen dropping to -4% in 2020 from 2.5% last year on the backdrop ... Read More
World Bank highlights Morocco’s wind energy potential
The World Bank has highlighted Morocco’s wind energy potential that it described as “great”. This came in a World Bank analysis of emerging markets for ... Read More
News Stream May 01,2020
News Stream May 01,2020 Read More
COVID-19: Tunisia to get $35m from World Bank
The World Bank will grant Tunisia $35 million destined to support the health ministry in its fight against the novel covid-19 and finance the purchase ... Read More
Sub-Saharan Africa to fall into recession in 2020—World Bank
The World Bank has warned that the rapidlyspreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in ... Read More
Coronavirus: World Bank redirects a $275-million loan to Morocco
The World Bank approved a first set of emergency support operations for developing countries around the world, using a dedicated, fast-track facility for COVID-19 (coronavirus) ... Read More
COVID-19: African finance ministers seek IMF, World Bank and EU support on debt relief
African finance ministers have requested the support of the International Monetary Fund, the World Bank and the European Union for bilateral, multilateral and commercial debt ... Read More