Home / Tag Archives: world bank (page 7)

Tag Archives: world bank

World Bank: Ukraine’s Economy will Start Growing in 2016

World Bank sees signs of economic stabilization in Ukraine and says economic growth can already be expected in the country in 2016. World Bank’s country director for Belorussia, Moldova and Ukraine Qimiao Fan stated at a press conference. “We see the early signs of stabilization. The fiscal deficit has been …

Read More »

Global Food Prices Drop to a Five-Year Low

food prices tbilisi

International food prices decreased by 14% between August 2014 and May 2015, dropping to a five-year low, according to the latest edition of Food Price Watch.  Cheap oil contributed to abundant global supplies of food in 2014 and prospects of a bumper crop for wheat, maize and rice in 2015—factors …

Read More »

World Bank Allocates $60m to Georgia

Georgia’s two regions are the focus of World Bank‘s development project that will reinvigorate these two regions and grow their tourism potential and local economies. Residents of the Mtskheta-Mtianeti and Samtskhe-Javakheti regions will benefit from improved public and tourism infrastructure thanks to a $60 million USD development loan from the World …

Read More »

World Bank Group approves $60 million IBRD loan for Georgia

The World Bank Group has confirmed a $60 million USD loan for Georgia to increase its competitiveness and economic growth, which are two of the most important components of the cooperation strategy between the World Bank and Georgia in 2010-2013. This was an IBRD (International Bank for Reconstruction and Development) …

Read More »

World Bank approves $52m project to boost power supply reliability in Armenia

world bank armenia

The World Bank Board of Executive Directors has approved a US$52 million loan for the Electricity Transmission Network Improvement Project for Armenia. According to a press release, the new project will improve the reliability of the power transmission network and system management, and support the Government’s efforts in ensuring adequate …

Read More »