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Top News In உலகம் வங்கி வளர்ச்சி குழு Today - Breaking & Trending Today

Amidst rising external loans: Buhari seeks debt relief for Nigeria, others

President Buhari on Tuesday wrote the National Assembly for approval to borrow fresh $6.183 billion (N2.343 trillion) to fund the 2021 budget deficit of N5.602 trillion.
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Panels Seek Ways to Avoid Global Post-COVID Recovery That Leaves Some Behind, as Forum on Financing for Development Continues - World

Panels Seek Ways to Avoid Global Post-COVID Recovery That Leaves Some Behind, as Forum on Financing for Development Continues
Format
ECOSOC/7036
The Economic and Social Council continued its annual Forum on Financing for Development today, holding two interactive panel discussions, during which speakers proposed potential solutions to COVID-19’s devastating impact on infrastructure investment lagging even before the novel coronavirus struck and sought ways to avoid a global post-pandemic recovery that leaves some behind.
Munir Akram (Pakistan), President of the Economic and Social Council, opened the meeting by emphasizing the global need for increased investment in sustainable infrastructure to meet development goals. Noting the untapped potential of the private sector to that end, he suggested that the upcoming investment fair based on the Sustainable Development Goals which will allow Governments to present specific projects and concrete opportunities to ....

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Bahrain appeals for World Bank Group help | THE DAILY TRIBUNE

Bahrain appeals for World Bank Group help | THE DAILY TRIBUNE
newsofbahrain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsofbahrain.com Daily Mail and Mail on Sunday newspapers.

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Help low-income countries tide over the COVID-19 crisis: Bahrain Minister tells World Bank Group | THE DAILY TRIBUNE

The Daily Tribune – www.newsofbahrain.com
Bahrain s Minister of Finance and National Economy has called upon the World Bank Group to develop an action plan to help low-income countries and the fragile and conflict-affected nations tide over the repercussions of the COVID-19 pandemic.
“There is a need to accelerate those countries access to vaccines by manufacturing them locally and boosting job opportunities for woman and youth,” said Shaikh Salman bin Khalifa Al Khalifa.
Shaikh Salman made the statements while addressing the World Bank’s Development Committee, on behalf of the Arab Group and the Maldives, as part of his participation in the Development Committee meeting, held remotely on the sidelines of the annual meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF). ....

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Yellen tells world's big economies: Spend big, danger lurks | Money

Friday, 09 Apr 2021 06:04 AM MYT
Yellen underscored the need for major economies to continue supporting developing countries as they grapple with the Covid-19 pandemic, climate change and high debt burdens. Reuters pic
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WASHINGTON, April 9 US Treasury Secretary Janet Yellen on Thursday warned of the risk of a permanent divergence in the global economy in the wake of the Covid-19 crisis, and urged major economies to inject significant new fiscal support to secure a robust recovery.
In a statement to the steering committees of the International Monetary Fund and the World Bank, Yellen underscored the need for major economies to continue supporting developing countries as they grapple with the Covid-19 pandemic, climate change and high debt burdens. ....

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