Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Tuesday said four (4) years after the onset of the global financial crisis, the world economy remains fragile and growth in high-income countries is weak. This is contained in a Press Release on the Global Economic Prospects (GEP) Report by the World Bank […]
Tag: World Bank
World Bank Chides Nigeria, Others over Poor Statistics
The World Bank has decried the quality and relevance of data from Nigeria and other African countries, which it described as largely obsolete. The bank’s Director, Department of Economic Policy and Poverty Reduction Programmes, Africa, Mr. Marcelo Giugale, stated this in a report e-mailed to THISDAY at the weekend. He […]
World Bank Reports $4.9 Trillion External Debts for developing Countries in 2011 end
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Friday said the combined stock of developing countries’ External Debt increased by $464 billion to $4.9 trillion at end 2011. This is contained in a Press Release by the Bank and obtained by InvestAdvocate. The World Bank said Net External Debt Inflows […]
