Sunday 17 November 2024
 
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Developing nations

IFC boss sees opportunity in developing nations

Emerging markets are a major part of the growth story in the world, led by China, but more and more by other countries where the middle-class is evolving, said the chief executive of International Finance Corp (IFC). New figures released b

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Developing states face bumpy ride: World Bank

Developing countries should brace for a long period of financial market volatility and weaker growth as tensions rise over a worsening euro zone debt crisis, the World Bank has warned. Growth in the Middle East and North Africa region is e

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Developing world may need $700bn

Developing countries could face a financing gap of $270 billion to $700 billion this year as trade income dwindles and rich nations vie for capital to deal with a global slump, the World Bank said. The World Bank said even at the lower end

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