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World Bank chief faces challenges as he makes his mark In his first year as president of the World Bank, Jim Yong Kim has tried to refocus the institution on fighting poverty and climate change -- but challenges lie ahead.

30 June 2013

World Bank sees less global growth, more stability The World Bank on Wednesday lowered its growth estimate for the global economy in 2013, but said that expansion appeared better balanced than just before the 2008 financial crisis.

13 June 2013

Indonesia investigators in US to quiz Wold Bank director Indonesian investigators have arrived in Washington to quiz a World Bank managing director as a witness over a bank bailout that led her to quit as finance minister.

26 April 2013

G20 pledge 'ambitious' steps to spur growth, jobs The Group of 20 economic powers pledged "ambitious" steps Friday to spur growth and job creation to get the crisis-scarred global economy back on track.

20 April 2013

Weak global economy key worry as IMF, World Bank meet Advanced and developing countries alike voiced worries over fragile global growth, eurozone stagnation and the swamp of excess monetary liquidity as the IMF and World Bank spring meetings kicked off.

19 April 2013

Strong growth in Asia but overheating a risk: World Bank East Asian and Pacific economies will grow 7.8 percent this year on robust domestic demand.

15 April 2013

Jamaica pledged $2 billion for restructuring Three key international lenders announced preliminary approval Monday for nearly $2 billion in loans to support a sweeping restructuring program for impoverished Jamaica.

09 April 2013

World Bank links obesity to high food prices Food prices have dropped since peaking six months ago but remain near record levels, pushing the world's poorest people toward "undernutrition" and obesity.

28 March 2013

BRICS wrangle over new development bank BRICS emerging powers on Tuesday sought a deal on setting up a development bank that would rival Western-backed institutions, trying to iron out significant differences ahead of a leaders' summit in Durban.

26 March 2013

Labor Minister comments on suggested single pension fund According to him, the Government suggests channeling the money to support S&MBs within the Business Development Roadmap – 2020 as well as to finance infrastructure projects.

25 January 2013

Kazakhstan’s PM pledges to enhance the country’s rankings in World Bank’s Doing Business Report Tengrinews.kz reported earlier that Kazakhstan had gained 7 notches in the Doing Business-2013 compiled by the World Bank.

22 January 2013

World Bank sees emerging nations leading growth Developing countries, led by China, will remain the main engines of global economic growth in 2013 as Europe and the United States plod along.

17 January 2013

World Bank economist urges end to US fiscal fights The World Bank's chief economist called on the United States Tuesday to end a series of political budget battles by undertaking structural economic reforms.

17 January 2013

World Bank ups Chinese growth projection for 2013 The World Bank on Wednesday upwardly revised its projection for Chinese economic growth in 2013 from 8.1 percent to 8.4 percent, but predicted the rate would taper off in the longer run.

20 December 2012

Food prices easing but remain sky-high: World Bank Global food prices have eased from their July records but remain very high, putting more people in danger of hunger and malnutrition-related disease.

01 December 2012

World Bank fears devastating 4.0 degree warming The World Bank warned Sunday that global temperatures could rise by four degrees this century without immediate action, with potentially devastating consequences for coastal cities and the poor.

20 November 2012

Hollande discusses debt crisis with top global heads French President Francois Hollande holds talks on Monday with the heads of the World Bank and other top economic bodies to discuss the eurozone debt crisis and ways to kickstart growth.

29 October 2012

Kazakhstan gains 7 notches in the WB’s Doing Business – 2013 Poland was the global top improver in the past year. Kazakhstan is among the other nine economies recognized as having the most improved ease of doing business across several areas of regulation as measured by the report.

23 October 2012

World Bank slashes East Asia-Pacific growth forecast The World Bank on Monday slashed its 2012 growth forecast for developing countries in East Asia and the Pacific to 7.2 percent, down from 8.3 percent in 2011, due to the fragile global economy.

09 October 2012

Kazakhstan spends $20 million on statistics The World Bank will provide $20 million for improvement of Kazakhstan’s statistics.

13 July 2012

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