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According to World Bank

Many Developing Countries Struggle with the Pandemic’s Lasting Effects

4 mins read

The FINANCIAL -- The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies. However, many emerging market and developing economies continue to struggle with the COVID-19 pandemic and its aftermath, the World Bank says in its June 2021 Global Economic Prospects, according to World Bank.…

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Many Developing Countries Struggle with the Pandemic’s Lasting Effects

4 mins read

The FINANCIAL -- The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies. However, many emerging market and developing economies continue to struggle with the COVID-19 pandemic and its aftermath, the World Bank says in its June 2021 Global…

EdTech Toolkit for Remote Learning

2 mins read

The FINANCIAL --  According to World Bank, remote learning can ensure that students continue learning through a variety of avenues. While digital technologies can offer a wide set of capabilities for remote learning, most education systems in low- and middle-income countries, including schools, children and/or teachers, lack access to high-speed broadband or digital devices needed…

Emerging Europe and Central Asia Economies Return to Growth Amidst Pandemic-Related Setbacks

3 mins read

The FINANCIAL -- Emerging and developing economies in the Europe and Central Asia region are expected to grow by 3.6 percent this year, as a recovery in exports and stabilizing industrial commodity prices partly offset a resurgence of the pandemic late in 2020 and a recent flareup in new cases, says the latest edition of the…

Germany contributes €10 Million to WB Trust Fund for Disease Preparedness in Developing Countries

1 min read

The FINANCIAL — According to World Bank, Germany is contributing 10 million euros (about US$12.1 million) to the Health Emergency Preparedness and Response Trust Fund Program (HEPR Program), established last year to help developing countries respond to the health consequences of COVID-19 and increase investments in health preparedness and emergency response.…