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