InternationalSupport

World Bank Predicts Economic Decline in Myanmar Amid Ongoing Civil Conflict

12 days ago

The World Bank has issued a stark warning regarding the economic situation in Myanmar, forecasting a significant contraction in the country's economy as civil war conditions prevail. This announcement comes at a time when the nation is grappling with extensive humanitarian challenges and disrupted governance.

IMF Launches Review of Ukraine Loan Amid Tax Hike Delays

1 month ago

The International Monetary Fund (IMF) has officially commenced its review of the latest loan agreement with Ukraine. This review is crucial as it occurs in the wake of Kyiv's decision to postpone the implementation of a tax increase that was integral to the program's financial framework.

World Bank Lowers Africa GDP Forecast Amidst Ongoing Crisis in Sudan

2 months ago

The World Bank has officially reduced its economic growth projections for Africa as the ongoing conflict in Sudan continues to have a profound impact on the region’s stability and development. Recent analyses indicate that the war has not only disrupted immediate economic activities but has also cast a long shadow over future prospects, prompting urgent calls for international attention and support.