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EBRD lowers Ukraine 2025 growth forecast to 2.5 per cent

Ukraine, Sept. 25 -- Ukraine's GDP growth is expected to slow to 2.5 per cent in 2025, amid high uncertainty related to?Russia's war on the country, says the latest edition of a flagship economic repo... Read More


EBRD upgrades Turkiye forecast for 2025

Turkey, Sept. 25 -- The European Bank for Reconstruction and Development (EBRD) expects Turkiye's economy to grow by 3.1 per cent in 2025, upgrading it from the Bank's previous 2.8 per cent growth for... Read More


EBRD expects Polish economy to grow by 3.5 per cent in 2025

Poland, Sept. 25 -- The European Bank for Reconstruction and Development (EBRD) has revised up its gross domestic product (GDP) growth forecast for Poland to 3.5 per cent for 2025 from its previous fo... Read More


Peru to Advance Fiscal Reforms to Boost Economic Growth with Support from the IDB

Peru, Sept. 25 -- Peru has secured a $550 million loan from the Inter-American Development Bank (IDB) to implement fiscal reforms aimed at boosting economic growth through increased productivity and p... Read More


IDB Finances Project to Strengthen Jamaica's Cybersecurity

Jamaica, Sept. 25 -- The Inter-American Development Bank (IDB) approved a US$6.5 million loan to help Jamaica strengthen its cybersecurity capabilities, benefiting more than 2.8 million people by impr... Read More


World Bank Supports Guatemala in Strengthening Resilience to Disasters and Extreme Climate Events

Guatemala, Sept. 25 -- The World Bank's Executive Board approved today a project aimed at strengthening Guatemala's resilience to natural hazards and extreme climate events. This operation seeks to en... Read More


New World Bank Support to Help Indonesia Transform Its Electricity Grid Benefiting Millions

Indonesia, Sept. 25 -- The World Bank approved the Indonesia Electricity Network Transformation (I-ENET) Program, a US$500 million operation to help Indonesia modernize its electricity distribution sy... Read More


IFC and Central Puerto move forward with a mandate of up to US$300 million for the development of renewable energy projects, including the first battery storage tender AlmaGBA

Argentina, Sept. 25 -- A delegation from the International Finance Corporation (IFC), a member of the World Bank Group, visited this week Central Puerto S.A., the largest private power generator in Ar... Read More


IFC Provides Local Currency Support to Access Bank to Expand SME Lending in Sierra Leone

Sierra Leone, Sept. 25 -- To help address financing gaps, strengthen private sector growth, and promote inclusive economic development in Sierra Leone, IFC today announced a partnership with Access Ba... Read More


IFC and DAVR-BANK Partner to Boost Financing for Small Businesses and Women Entrepreneurs in Uzbekistan

Uzbekistan, Sept. 25 -- To expand access to finance for underserved entrepreneurs, IFC and DAVR-BANK have signed a $40 million loan agreement to boost lending to micro and small enterprises (MSEs) acr... Read More