For the World Bank, countries face a “human catastrophe” due to a food crisis resulting from the Russian invasion of Ukraine
The president of the institution, David Malpass, said that the war led to an increase in commodity prices and that they could push hundreds of millions of people into poverty and worse nutrition
World Bank forecasts catastrophic fall in Ukraine's GDP
The European country's economic output is likely to shrink by a staggering 45.1% this year after the Russian invasion
The World Bank predicts that Ecuador will be the second fastest growing economy in South America by 2022
It forecasts GDP growth of 4.3%, just below Colombia.
Colombian economy will grow by around 4% in 2022, said the World Bank
The agency's latest report noted that Colombia's economic growth for this year will be almost double that expected in all of Latin America
World Bank projects that the Colombian economy will expand by 4.4%
The poverty rate in Latin America rose to 27.5 per cent in 2021
IMF and World Bank highlight “strength” of the Colombian financial system
In a report, experts concluded that in the face of stressful scenarios, banks in Colombia show levels of solvency and liquidity that make them resistant to possible economic crises
Peru is at risk of stagnation, low income and inflation, warns the World Bank
Experts noted that, while the country's population grew 2% so far during the COVID-19 pandemic, GDP grew by only 1%.
World Bank provides two loans to Colombia for education and economy
The two appropriations, amounting to $830 million, would help to finance the national budget and the Ministry of Education
World Bank provides two loans to Colombia for education and economy
The two appropriations, amounting to $830 million, would help to finance the national budget and the Ministry of Education