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The World Bank Group's Country Director, Pierre Laporte, led the launch of the 7th Ghana Economic Update titled 'Price Surge: Unraveling Inflation's Toll on Poverty and Food Security' on July 19th, 2023, in Accra. The report delves into recent developments and the economic outlook for Ghana while highlighting the challenges…
World Bank said the grant is the second in a series of two grants that are helping the country make progress on its path to qualify for full and irrevocable debt relief.
Somalia’s efforts toward building strong institutions received a boost with a new $75 million grant, the second in a series of two grants that is helping the country make progress on its path to qualify for full and irrevocable debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative. In…
World Bank grants Somalia $75m in debt relief
MOGADISHU, July 31 (Xinhua) -- The World Bank said Monday it had provided a 75-million-U.S.-dollar grant to Somalia to help bring the country closer to debt relief.