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New IFC-World Bank Report: Strong Private Sector Key to Drive Romania s Economic Growth

Report identifies renewable energy, transportation, and finance as key sectors to accelerate private sector-led growth. Romania can build on the succes.

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Romania needs to use private sector to re-ignite sustainable growth: IFC-World Bank Report

Romania needs to use private sector to re-ignite sustainable growth: IFC-World Bank Report
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Rana karadshehAnna akhalkatsiWorld bank group cpsdsWorld bank groupWorld bank countryWorld bankRomania country private sector diagnosticWorld bank country manager

Strong Private Sector Key to Drive Romania s Economic Growth, Says New IFC-World Bank Report

Romania has made impressive strides in its economic performance over the last decades, but the country is still facing a large convergence gap with EU living standards, and wide regional and social disparities.

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Ukraine Business Roundup — November 14

The Rebuild Ukraine conference isn’t Anatoly Sushon’s first expo since he got into the business in the early 90s, but this one hits closer to home. Himself a native of Odesa, the idea behind Rebuild Ukraine, the second one this year already, is to get local communities affected by the war in front of companies and countries that have both the know-how and the financing to rebuild their cities and towns. One of those 26 communities is Ukraine’s southeastern port city of Mariupol.

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International Finance Corporation Europe Director optimistic Ukraine can attract private investment to rebuild

In order to rebuild the country following Russia’s brutal invasion, Ukraine will have to attract billions to its private sector. The International Finance Corporation (IFC) — the investment arm of the World Bank — believes that if Ukraine manages to reform some of its key sectors and liberalize its markets, it could raise $130 billion in private-sector investments, the IFC said in a report published in late October.

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