worldbank
A World Bank forecast reports that the global economy is stabilizing for the first time in three years, despite geopolitical tensions and high interest rates - albeit at a low level. As in the previous year, the global economy will grow by 2.6% this year, the World Bank announced in Washington on Tuesday. This is a slight rise on the level it had forecast in January at plus 0.2 percentage points. For the years 2025 and 2026, the World Bank predicts economic growth of 2.7%. The report says the global economy finally seems to be heading for a so-called soft landing. This means less inflation wit...
DPA Breaking News
Thanks to new financing instruments, the World Bank will be able to grant more loans to poorer countries to help them tackle climate change and other cross-border challenges. Financing commitments from several countries, including Germany, will increase the World Bank's lending volume by an additional $70 billion over the next 10 years, the development bank announced in Washington on Friday. "We worked hard to develop these new financial instruments that boost our lending capacity, multiply donor funds, and ultimately allow us to improve the lives of more people," emphasized World Bank Preside...
DPA Breaking News
Thanks to new financing instruments, the World Bank will be able to grant more loans to poorer countries to help them tackle climate change and other cross-border challenges. Financing commitments from several countries, including Germany, will increase the World Bank's lending volume by an additional $70 billion over the next 10 years, the development bank announced in Washington on Friday. "We worked hard to develop these new financial instruments that boost our lending capacity, multiply donor funds, and ultimately allow us to improve the lives of more people," emphasized World Bank Preside...
DPA Breaking News
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