The first country to receive a World Bank loan was France in 1947. The bank's president at the time, John McCloy, chose France over two other applicants, Poland and Chile. The loan was for US$250 million, half the amount requested, and came with strict conditions. France had to agree...
Kenya:The International Finance Corporation (IFC) says it is still considering investing in ARM Cement after it entered administration in late August 2018. IFC Kenya Country Manager Manuel Moses said that the World Bank institution was waiting for the outcome of the administration process to complete...
World Bank, international organization affiliated with the United Nations and designed to finance projects that enhance the economic development of member states. Headquartered in Washington, D.C., the bank is the largest source of financial assistance t
As international visitors to China grow in volume, the country’s regions are working hard to attract tourism. One particular focus is Latin America, which has growing international connections across the Pacific. CGTN’s Alasdair Baverstock has more. Read More...May...
World Bank Country Manager, Yasser El Gammal, said he was happy to offer his support to the developing nation. “The Bank is pleased to support this second Program for Results which has the potential of achieving transformational results by focusing on the government’s program which aims to le...
Myanmar Military Takeover Threatens Country's Development: World Bank More Reuters Soldiers stand guard at a Myanmar's military checkpoint on the way to the congress compound in Naypyitaw, Myanmar, February 1, 2021. REUTERS/Stringer WASHINGTON (Reuters) - The World Bank on Monda...
MIGA, the political-risk insurance arm of the World Bank, will collaborate closely with the Islamic Development Bank to mitigate political risk, alongside the World Bank's International Finance Corporation, which will work to draw in more private sector investment. Islamic Development Bank President ...
However, no other country put forward a candidate to challenge Malpass. In a note to World Bank employees after his selection Friday, Malpass said that more than 700 million people remain in extreme poverty in the world. Too many people are not seeing an advance in their living standards, ...
Which of the following is probably NOT the way that the World Bank helps a country?A) Creating health programs. C) Educating the peopleB) Providing technical help D) Making profits in thecountry. 相关知识点: 试题来源: 解析 D A) 世界银行支持健康项目以改善公共卫生,属于其发展援助范畴; B)...
GINI index (World Bank estimate) - Country Ranking - South AmericaDefinition: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz ...