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  • China's tax environment improves remarkably: report

    China's tax environment improved remarkably in 2017, in particular, the time for compliance has dropped to 142 hours, reduced by 31.4 percent year on year, a global report showed Tuesday.

    November21,2018


  • World benefits from B&R Initiative, World Bank report

    The Belt and Road Initiative has promoted trade and foreign direct investment by strengthening infrastructure construction and interconnection.

    October15,2018


  • World Bank loan to support poverty reduction in China's Guangxi

    The World Bank has approved a loan of 400 million U.S. dollars to help poverty reduction in southwest China's Guangxi Zhuang Autonomous Region.

    June25,2018


  • World Bank loan to help Chinese city handle floods, pollution

    The World Bank has approved a 150-million-U.S. dollar loan to a city in southwest China to help improve flood risk management and reduce water pollution.

    June19,2018


  • World Bank updates Belarus' economic growth forecast to 2.9 pct in 2018

    World Bank on Thursday updated Belarus' economic growth forecast to 2.9 percent this year.

    April20,2018


  • World Bank loans Morocco 200 mln USD to boost agri-food sector

    Morocco and the World Bank signed here on Thursday a 200-million-U.S.-dollar loan agreement to boost Morocco's agri-food sector.

    December22,2017


  • World Bank predicts Rwanda's growth to accelerate in coming years

    Owing to the booming of private and public investment and agriculture production, Rwanda's economic growth in the second half of 2017 is expected to reach 5.2 percent and will further accelerate in the next two years, a World Bank report said Wednesday.

    December21,2017


  • World Bank upgrades Belarus' economic growth forecast to 1.8 pct in 2017

    The World Bank raised Belarus' economic growth to 1.8 percent this year, according to its updated report released on Monday.

    October24,2017


  • China beomes focus at IMF/WB annual meetings

    From economic growth, financial risks, currency internationalization to the Belt and Road Initiative, China was frequently mentioned by financial officials at the just-concluded annual meetings of the International Monetary Fund (IMF) and the World Bank.

    October16,2017


  • Chinese cities to receive World Bank grant to ease traffic jams

    The World Bank has decided to allocate a fund for seven Chinese major cities to help them ease traffic congestion by reducing the number of private cars on the road and improving public transport.

    July31,2017


  • World Bank report sees steady economic growth in Zambia

    The World Bank on Thursday projected steady economic growth in Zambia after an economic downturn caused by both external and internal factors such as falling commodity prices and a power deficit in 2015 and 2016.

    June30,2017


  • Myanmar, WB extend partnership agreement for development aid

    Myanmar and the World Bank Group have renewed an agreement of the Country Partnership Framework (CPF), extending it to two more years to help the country end extreme poverty and promote inclusive growth especially in rural areas.

    June27,2017


  • Laos, WB launch 5-year partnership framework

    The World Bank Office in Vientiane has presented the bank's Partnership Framework for Laos 2017-2021, local daily Vientiane Times reported on Thursday.

    May25,2017


  • Investing in public infrastructure, services key to boost Cambodia's economy: WB

    The World Bank said on Wednesday that investing in key public goods and services such as infrastructure, health and education is fundamental for economic growth in Cambodia.

    May17,2017


  • World Bank supports Ghana's climate change adaptation projects with 5.5 mln USD grant

    The World Bank says it will support 52 Ghanaian communities in implementing a sustainable Natural Resource Management program.

    April28,2017


  • China sets example for open trade: World Bank President

    China is still embracing open trade, as the country has lifted millions of people out of poverty through engaging more and more in trade, said World Bank President Jim Yong Kim on Thursday.

    April21,2017


  • World Bank funded firm to build modern logistics parks in East Africa

    Africa Logistics Properties (ALP), which is partly owned by International Finance Corporation (IFC), the World Bank's private sector arm, plans to build modern logistics parks across East Africa in order to improve supply chain efficiency in the region.

    April06,2017


  • World Bank says policy uncertainty weighs on trade growth

    Global trade growth is constrained by a number of factors, and policy uncertainty is one of them, the result of a World Bank policy paper showed on Tuesday.

    February22,2017


  • Laos, World Bank sign pact to improve road systems

    The Lao Ministry of Finance and the World Bank (WB) on Tuesday signed a 25-million-U.S. dollar agreement to improve road maintenance and connectivity in the Southeast Asian country.

    February08,2017


  • Laos, World Bank sign pact to improve road systems

    The Lao Ministry of Finance and the World Bank (WB) on Tuesday signed a 25-million-U.S. dollar agreement to improve road maintenance and connectivity in the Southeast Asian country.

    February08,2017


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