Posts Tagged ‘The World Bank’

World Bank head affirms support to Egypt’s economic reforms

TCP : The World Bank (WB) supports Egypt’s efforts aimed to reform its economy, WB’s head Jim Yong Kim told President Abdel Fatah al-Sisi in a meeting in New York on Saturday, according to a presidential statement. President Abdel Fatah Al-Sisi With Head Of The World Bank Jim Yong Kim – Courtesy Of Presidential Office […]

World Bank Warns of Total Collapse of Economy in Gaza

Camila Benson (IMEMC) : The World Bank will be presenting a report to the bi-annual Ad Hoc Liaison Committee (AHLC) meeting on May 27, 2015 in Brussels that highlights the Gaza Strip’s economic status under Israel’s blockade. In 2014, Gaza’s unemployment rate reached 43%, the highest in the world. The youth unemployment in Gaza is at […]

World Bank transfers $77 Million to Palestinian Authority

IMEMC : The World Bank stated Wednesday that it transferred $70 million to the Palestinian Authority through the multi-donor mechanism run by the “Palestinian Reform and Development Plan Trust Fund,” the Palestinian News & Info Agency (WAFA) has reported. The World Bank said in a press release that the money, provided by Norway, Australia, Japan, Kuwait […]

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