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Pakistan, World Bank

World Bank unit and other lenders criticise Pakistan's energy negotiations

Pakistan's unilateral renegotiation of clean power contracts will undermine investor confidence and be detrimental to the long-term future of the sector, a group of eight development finance institutions said.

The Financial Times · 1d

World Bank unit lambasts Pakistan over army-backed energy talks

The World Bank’s private finance arm has criticised Pakistan’s army-led renegotiation of wind and solar power contracts in a letter co-signed by seven other international development institutions that have financed projects in the country.

Bloomberg L.P. · 1d

World Bank Arm, ADB Criticize Pakistan Over Revising Power Deals

Global lenders including a unit of the World Bank and Asian Development Bank have slammed Pakistan for renegotiating contracts with power producers and warned the move will undermine investor confidence and future private investments.

Ukraine needs $524bn to recover – World Bank

Hosted on MSN · 1d

Ukraine needs $524 billion to recover, rebuild after three years of war, World Bank says

The estimated cost to rebuild Ukraine's economy after Russia's invasion has risen to $524 billion, nearly three times its expected 2024 economic output, the World Bank, United Nations, European Commission and the Ukrainian government found.

Ukrinform · 23h

Ukraine’s recovery needs estimated at $524B following World Bank’s report – PM Shmyhal

Following the World Bank’s Fourth Rapid Damage and Needs Assessment (RDNA4), Ukraine’s recovery and reconstruction needs over the next decade will amount to USD 524 billion. — Ukrinform.

France 24 on MSN · 15h

Ukraine will need more than $500bn to recover, World Bank estimates

The World Bank estimates it will take over $500 billion to rebuild Ukraine after three years of war. Bitcoin hit its lowest level in over three months. And a thousand musicians including Kate Bush, Cat Stevens and Annie Lennox are protesting the UK government’s planned changes to copyright law.

17h

The World Bank Pivoted to Climate. That Now May Be a Problem.

The Trump administration’s deep cuts to clean-energy programs are raising concerns about U.S. commitments to the lender.

22hon MSN

If US attempts World Bank retreat, the China-led AIIB could be poised to step in – and provide a model of global cooperation

The AIIB is a paradox: an institution connected to the rules and norms of the liberal international order, but one created by ...

4h

Zimbabwe Could Clear Arrears With Bold Reforms, World Bank Says

Zimbabwe could clear its arrears and rework $21 billion in debt that’s kept it locked out of international capital markets ...

The IMF and World Bank Await Elon Musk

The World Bank’s economists and top administrators are among the highest paid financial functionaries in the world, which ...

7d

World Bank to decentralize operations, shift regional VPs to overseas hubs

The World Bank said on Tuesday it will restructure its global operations by shifting its regional management teams from ...

Daily Monitor1d

World Bank: Invest more in early childhood growth

In the update released yesterday at Kampala Serena Hotel, the World Bank highlighted that investment in Early Childhood ...

Hosted on MSN12h

Nigeria’s W’Bank debt may hit $9.2bn as FG eyes six loans

The Federal Government is set to secure six new loans totalling $2.23bn from the World Bank in 2025 as the international ...

21hon MSN

World Bank's financing to India in short to medium term expected to rise: Country Director

World Bank's financing to India is expected to rise in the short to medium term to support development goals, with a future ...

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