Latest in Tag: World Bank Highlight

Advertising Area



Latest in Tag: World Bank


worldbank1

Fuel subsidies phasing out faces significant challenges which must be faced: WB

According to the recent report issued by the Energy Sector Management Assistance Programme (ESMAP) which is administrated by the World Bank (WB), Egypt’s economy was adversely affected by a growing energy deficit, in the aftermath of the Arab Spring , slowing economic growth, increasing poverty, and socioeconomic transition. Egypt faced growing fiscal pressures. With fossil …

Daily News Egypt

dw 19081050 403

World Bank report: Poverty rates remain high in Africa

The latest extreme poverty estimates from the World Bank revealed that Africa is lagging behind the rest of the world. Development expert Francisco Ferreira says it’s not too late to turn things around.Sub-Saharan Africa is the only region in the world where the overall number of extremely poor people is increasing rather than decreasing, according …

Deutsche Welle