A report on the website of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said that that the World Bank would consider progress made by Iran in carrying out economic reforms in its 2021 version of Doing Business, a report which ranks countries based on the level of attractiveness for business investment, Press TV reported.
The World Bank Group (WBG) is expected to launch health emergency programs in over 100 countries by the end of April to support the fight against COVID-19, with 64 already in operation, President David Malpass said.
World Bank Group President David Malpass said he was confident of progress on his joint call with the International Monetary Fund for a temporary standstill in official bilateral debt payments by the world's poorest countries.
World Bank Group President David Malpass said the rapidly spreading COVID-19 pandemic was expected to cause a ‘major global recession’ that would likely hit the poorest and most vulnerable countries the hardest.
Vietnam's gross domestic product (GDP) expansion is projected to decelerate from 7.1 percent in 2018 to 6.6 percent in 2019, due to slower export growth and weaker agricultural production growth, according to the World Bank's latest report in economies in East Asia.
The World Bank's shareholders endorsed a $13 billion paid-in capital increase that will boost China's shareholding but bring lending reforms that will raise borrowing costs for higher-middle-income countries, including China.
A World Bank Group initiative is beginning to unblock one of the most stubborn bottlenecks in global finance by steering funds under asset management — particularly in the insurance sector — towards emerging market infrastructure projects.
The World Bank Group is aiming to develop new measures to enhance its financial capacity and have its board decide on them at its next spring meetings in April 2018, a spokesman for the institution said.
Iran's Minister of Economic Affairs and Finance Masoud Karbasian arrived in Washington at the head of a delegation to attend the 2017 Annual joint meeting of the World Bank Group and International Monetary Fund (IMF).
One of the 11 areas that the World Bank (WB)’s Doing Business (DB) report includes in ranking a country’s business environment is paying taxes. The background study for DB 2017, Paying Taxes 2016 claims that its emphasis is “on efficient tax compliance and straightforward tax regimes”.