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    • World Bank & FOREX

World Bank & FOREX Newsletter
  • Address private sector constraints, World Bank tells FG 07 Feb 2025 02:12 GMT

    … Abuja on Thursday, the World Bank’s Country Director for … rate market and access to FX being much, much more … governments, supported by the World Bank’s Saver programme. He … Diop further revealed that the World Bank, alongside the International Finance …

  • Nigeria remains Africa’s largest economy, says World Bank 07 Feb 2025 01:17 GMT

    The World Bank’s Country Director for Nigeria, … adjustments and improved access to foreign exchange, as critical steps that have … is being made through a World Bank-supported initiative.

  • Govt revises down forex reserve target 06 Feb 2025 19:21 GMT

    … revised its aim for foreign exchange reserves, saying it expects … ministry presented the revised forex reserve and other macroeconomic … $500 million to the forex reserve. These prospects have … lead economist at the World Bank Dhaka Office, expressed scepticism …

  • World Bank warns of rising bad loans 05 Feb 2025 07:38 GMT

    … to rise, with the World Bank highlighting the need to strengthen … Cost of Inaction,” the World Bank reveals that the NPL ratio … ,” the report reads. The World Bank further notes that, despite an … subsequent sectoral shocks to fuel, forex, and farm inputs have …

  • World Bank ends probe into $150m Tanzania tourism project 03 Feb 2025 15:27 GMT

    … of the country’s total foreign exchange earnings by 2019. Focus … a formal complaint to the World Bank about alleged violence and … Panel is part of the World Bank’s Accountability Mechanism and … the initial $150 million World Bank commitment to the project had …

  • Trade deficit to widen to $2.3 billion in 2025—World Bank 03 Feb 2025 10:23 GMT

    … increase in exports, the World Bank warns that foreign exchange challenges will persist throughout … at reversing the situation. “The forex situation continues to hamper importation … the forex situation, a point that is in agreement with the World Bank …

  • RBI cuts lending rate by 25 basis points to 6.25% 07 Feb 2025 06:16 GMT

    … this year. According to the World Bank, India continues to remain the … January 31, 2025, India’s foreign exchange reserves were at $630-plus … consistent. Our interventions in the forex market focus on smoothening excessive …

  • IFC commits $70m to Nigerian companies to boost energy supply 07 Feb 2025 07:15 GMT

    … CPSD) by the World bank group, comprising the World bank, IFC, and … collaborative initiative between the World Bank and the African … He further commended the world bank group and other development … of living and weak foreign exchange, Edun assured that …

  • Pakistan making headway towards economic stability: Fitch 07 Feb 2025 06:47 GMT

    … in FY24. Fitch said that foreign exchange market reforms in 2023 facilitated … to ‘CCC+’ in July 2024. Foreign exchange reserves are set to exceed … 10-year framework with the World Bank Group aligns broadly with expectations …

  • Pakistan’s economic stability improves, but IMF & structural reforms remain crucial: Fitch 07 Feb 2025 05:52 GMT

    … 10-year framework with the World Bank Group appears broadly in line … deficit in FY24, it said. Foreign exchange market reforms in 2023 also …

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