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Results 1 - 25 from 118 for "world bank"

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  • World Bank Downgrades Romania GDP Growth Forecasts

    01.17.2025

    The World Bank projects 2.1% economic growth in Romania in 2025, after 1.3% forecast for 2024, underscoring that, despite EU fund inflows, the recently announced fiscal consolidation moves have led to more

  • World Bank Report: One-Third Of Romania’s Population At Risk Of Poverty

    01.08.2025

    Romania experienced robust economic growth between 2016 and 2021, resulting in a substantial reduction in poverty; the poverty rate ($6.85/day PPP) dropped by 14.7 percentage points to 7.1 percent, more

  • World Bank Revises Romania’s Economic Growth Forecast Downwards To 1.8% For 2023 And To 3.3% For 2024

    01.10.2024

    The World Bank has revised its projection for Romania's economic growth downwards to 1.8% for 2023 and to 3.3% for 2024, respectively, according to January 2024 edition of the World Bank's Global more

  • IFC-World Bank Report: Romania Still Faces A Large Convergence Gap With EU Living Standards

    12.07.2023

    Romania has made impressive strides in its economic performance over the last decades, but the country is still facing a large convergence gap with EU living standards, and wide regional and social more

  • World Bank: Climate Change Mitigation Actions In Romania To Involve Consumer Price Hikes And Tax Increases

    11.27.2023

    Climate change mitigation efforts in Romania will require public support as they entail increases in consumer prices and/or taxes, as per a World Bank report dedicated to Romania. more

  • World Bank: Romania Could Substantially Improve Living Standards While Decarbonizing Its Economy By 2050

    10.24.2023

    Romania could raise its national income by almost three times in the next three decades while taking action to improve resilience against climate change and reduce carbon emissions, if it continues more

  • World Bank Puts Romania Among High-Income Countries

    07.18.2023

    World Bank placed Romania among high income countries in 2022, i.e., those with an average income per capita of more than $13,846, along with other 82 countries and territories. more

  • World Bank OKs Nearly EUR600M Loan For Inclusive And Green Economic Growth In Romania

    07.03.2023

    The Board of Executive Directors of the World Bank Group (WBG) on Monday (July 3) approved the second Inclusive and Green Growth Development Policy Loan (DPL) for Romania in the amount of EUR591.9 more

  • World Bank Sees Romania’s GDP Growing By 2.6% In 2023 And By 4.2% In 2024

    01.11.2023

    Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report. more

  • World Bank Releases Its First Report On Circular Economy In The EU

    12.07.2022

    Globally, extraction of raw materials stands at over 100 billion tons, annually. This staggering figure is driven by both the persistently high levels of material consumption in high-income countries more

  • World Bank Says Fiscal Deficits Will Remain Elevated In Romania

    10.05.2022

    Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set by the country's Government, according to the World Bank’s more

  • World Bank Cuts Romania's 2022 GDP Growth Projection To 1.9% From 4.3% Amid Ukraine War

    04.11.2022

    The World Bank downwardly revised its growth forecast for Romania's economy to 1.9% for 2022 from a previous projection of 4.3% in January, as per a report analyzing Ukraine war fallout over Eastern more

  • World Bank Group President David Malpass To Visit Romania On April 13-14

    04.08.2022

    David Malpass, President of the World Bank Group, will arrive in capital Bucharest on Wednesday, April 13, 2022, for a two-day visit, which will be his first trip to Romania as World Bank Group more

  • World Bank Revises Up Romania’s GDP Growth Forecast To 7.3% In 2021 Vs 6% Previously

    10.05.2021

    The World Bank on Tuesday (October 5) revised upwards its forecast on Romania’s economic growth to 7.3% in 2021, from a previous projection of 6% in June 2021, followed by a 4.8% GDP growth in 2022 more

  • World Bank Sees Romania’s GDP Growing 4.3% In 2021 And 4.1% In 2022

    03.31.2021

    The World Bank expects Romania's economy to grow 4.3% in 2021 and 4.1% in 2022, after contracting 3.9% 2020, while the inflation is expected to grow to 3%, compared with 2.6% in 2020, per a report on more

  • World Bank Sees Romania’s Economy Growing 3.5% In 2021

    01.06.2021

    The World Bank expects Romania's economy to contract 5% in 2020, followed by a 3.5% growth in 2021 and a 4.1% growth in 2022, according to a note by lender Banca Transilvania. more

  • World Bank Promotes Romania to High Income Group

    07.03.2020

    The World Bank has reclassified Romania as a high-income country from the upper-middle income category after incorporating 2019 data. more

  • World Bank Sees Romania's GDP Contracting 5.7% This Year, Growing 5.4% in 2021

    06.09.2020

    Romania's economic growth is forecast to contract 5.7% this year from a previous estimate of a slowdown to 0.3%, the World Bank said in its latest economic update. more

  • IFC Invests EUR18.5M In EFSE To Boost Lending To MSMEs In ECA Region

    04.21.2020

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  • World Bank Revises Romania's 2020 GDP Growth Forecast to 0.3% from 3.8%

    04.09.2020

    Romania's economic growth is projected to slow significantly to 0.3 percent in 2020, from an estimated 3.8% percent before the Covid-19, according to the World Bank Economic Update Spring 2020. more

  • World Bank: Romania Activates EUR400M Financial Support To Combat Human, Economic Impacts Of Coronavirus Pandemic

    04.03.2020

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  • World Bank Raises Romania's GDP Growth Forecast to 4.2% in 2019

    10.09.2019

    The World Bank has raised its economic growth projection for Romania to 4.2% in 2019, from its April forecast of 3.6%, and to 3.6% for 2020, from a previous forecast of 3.3%, according to its more

  • World Bank: Fiscal Measures Risk Slowing Romanian Economy Further

    04.05.2019

    Fiscal measures promoted at end-December 2018 risk slowing the Romanian economy further in 2019 and beyond, the World Bank said in its Spring 2019 economic update released Friday. more

  • World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020

    01.09.2019

    The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June 2018 projection. more

  • A Company In Bucharest Has To Wait 174 Days To Get Electricity

    11.05.2018

    Romania is at the bottom of the European Union ranking by length of time it takes a business to get electricity. more

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