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Tag "David Malpass"

‘Important steps’ — ex-World Bank president hails Tinubu on subsidy removal, naira float

    ‘Important steps’ — ex-World Bank president hails Tinubu on subsidy removal, naira float

David Malpass, former president of the World Bank, has commended the administration of Bola Tinubu for scrapping petrol subsidy as well as unifying the exchange rate. Commenting on a Financial

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World Bank upgrades 2023 global growth forecast from 1.7% to 2%

    World Bank upgrades 2023 global growth forecast from 1.7% to 2%

The World Bank has made a slight increase to its global growth outlook for 2023. The international financial institution is now forecasting 2 percent growth for 2023 – up from

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ICYMI: Developing countries need huge investment to overcome poverty, says World Bank

    ICYMI: Developing countries need huge investment to overcome poverty, says World Bank

The World Bank says developing countries need immense investment to overcome the increasing poverty rate caused by inadequate infrastructure and high climate costs. David Malpass, president of World Bank, made

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David Malpass to resign as World Bank president in June

    David Malpass to resign as World Bank president in June

David Malpass, president of World Bank Group, has announced his intentions to step down from his position — after more than four years of service. The global bank, in a

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World Bank: Global economic slowdown in 2023 will ‘hit developing countries hard’

  World Bank: Global economic slowdown in 2023 will ‘hit developing countries hard’

The World Bank says a sharp, long-lasting slowdown is expected to hit developing countries hard this year as the global

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World Bank debars seven Nigerian companies, individuals over corruption

  World Bank debars seven Nigerian companies, individuals over corruption

The World Bank has debarred five Nigerian firms and individuals for engaging in corrupt practices. In addition, two Nigerian companies

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World Bank: Global goal of ending poverty by 2030 unlikely to be achieved

  World Bank: Global goal of ending poverty by 2030 unlikely to be achieved

The World Bank says the world is unlikely to meet the goal of ending extreme poverty by 2030. The bank said

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World Bank to Nigeria: Make decisive move towards exchange rate unification

  World Bank to Nigeria: Make decisive move towards exchange rate unification

The World Bank has advised Nigeria to make a decisive move towards exchange rate unification and stabilisation.   David Malpass, president,

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World Bank earmarks $30bn to address global food crisis

  World Bank earmarks $30bn to address global food crisis

The World Bank says it will make $30 billion available for implementation to address food insecurity over the next 15

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World Bank: 60% of low-income countries in debt distress

  World Bank: 60% of low-income countries in debt distress

David Malpass, World Bank Group president, says 60 per cent of low-income countries are in debt distress or at high

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