Tag: World Bank

Thursday, May 15th 2014 - 07:16 UTC
Mujica admits Mercosur problems but praises Brazil's open market attitude

In a 'dialogue without ties' at the World Bank President Jose Mujica said that Uruguay is a 'frontier country' which history did not want it to belong to any of the two big neighbors (Argentina and Brazil) so that the Atlantic ocean would not be left to an only country.
Thursday, April 10th 2014 - 05:37 UTC
China has become Latam's banker loaning 102bn dollars from 2005 to 2013

China loaned 102 billion dollars to Latin America between 2005 and 2013, mainly to Venezuela and Argentina, while Mexico seems to be going the same way, according to a release from the Global Economic Governance Initiative which depends from the University of Boston.
Tuesday, April 8th 2014 - 19:10 UTC
China and East Asia expected to grow at slower pace this year, says World Bank

The World Bank has trimmed its growth forecast slightly for China, citing a “bumpy start to the year”. It now expects the Chinese economy to grow by 7.6% in 2014, down from its earlier projection of 7.7%. A slew of disappointing figures has triggered concerns of a slowdown in the world's second-largest economy.
Wednesday, April 2nd 2014 - 08:29 UTC
World Bank will increase lending capacity by 100bn to 300bn in the next ten years

The World Bank announced on Tuesday a series of measures to strengthen the bank resources including a 100 billion dollars increase in the lending capacity for middle-income countries over the next decade, new innovations in financial management, and a boost in the institution’s ability to provide private sector support.
Thursday, February 27th 2014 - 03:08 UTC
Argentine social programs praised by FAO and World Bank, says government

Argentina praised some of the “positive and favorable comments” by the United Nations Food and Agriculture Organization (FAO) and the World Bank regarding the country’s social and economic agenda, regretting that “certain” media “downplay” such news.
Friday, December 13th 2013 - 18:10 UTC
Venezuela clashes with World Bank over oil deal with Haiti

Venezuela has dismissed as “disrespectful” comments made by a senior World Bank official that Haiti was not transparent in its handling of funds provided under the Caracas-led PetroCaribe.
Friday, October 11th 2013 - 07:49 UTC
Rare praise for Argentina’s economy performance from the World Bank

Argentina will grow at an enviable rate compared to other countries in the region, Chief Economist for the World Bank’s Latin America and Caribbean Office Augusto de la Torre said this week, commenting on the institution’s projections for next year.
Friday, October 11th 2013 - 07:21 UTC
World Bank/Argentina agree on new Strategic partnership: 3bn dollars in loans

The Argentine government and the World Bank agreed on Thursday in Washington on a new Strategic Partnership involving an estimated 3 billion dollars in the next three years which will concentrate on loans for education, health care and rural development.
Saturday, July 13th 2013 - 13:55 UTC
UK confirms policy of no support for World Bank and IADB loans to Argentina

UK Secretary of State for International Development, Justine Greening has confirmed that due to recent actions by the Argentine government she is no longer confident that further investments in Argentina would be consistent with the objectives she laid out in February this year, in an answer to a House of Commons Written Parliamentary Question.
Wednesday, July 3rd 2013 - 04:26 UTC
World Bank President Jim Yong Kim returns to Peru, praises social development

World Bank President Jim Yong Kim is in Peru this week, returning to the place where he says his interest in poverty reduction was first piqued.