WASHINGTON, DC, July 12, 2019 - The newly appointed World Bank representative for Jamaica and Guyana, Mr. Ozan Sevimli, has lauded Jamaica on its sterling economic performance noting that "Jamaica is on the move."
KINGSTON, Jamaica, May 1, 2019 - Newly appointed World Bank Vice President for Latin America and the Caribbean, Axel van Trostenburg, says Jamaica’s macroeconomic achievements, to date, have been “extremely impressive.”
THE CONVERSATION - February 7, 2019 - The sudden resignation of World Bank President Jim Yong Kim has rekindled debate about leadership succession and the mission of the international financial institution.
GEORGETOWN, Guyana, November 12, 2018 - The World Bank's Regional Vice-President for Latin America and the Caribbean region Jorge Familiar has assured Prime Minister Moses V. Nagamootoo that his organization will support Guyana in its capacity building efforts as the country prepares for first oil.
The World Bank’s latest annual report on poverty and shared prosperity has an unsurprisingly positive message that only 10% of the world’s population lived in extreme poverty in 2015, which is the most recent year that available data allows for global poverty estimates to be made.
The “The Bali Fintech Agenda: A Blueprint for Successfully Harnessing World Bank Opportunities” was unveiled to government finance ministers and officials, including central bank representatives, who participated in the 2018 annual meetings of the International Monetary Fund and the World Bank Group held in Bali, Indonesia, from October 11 to 14.
WASHINGTON, United States (AFP) — The World Bank says remittances from immigrants back to their home countries rebounded to reach a new record in 2017, but the costs of transferring funds also increased .