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Jim Kim joins Bayo Ogunlesi’s GIP as vice chairman — after resignation from World Bank

Jim Kim joins Bayo Ogunlesi’s GIP as vice chairman — after resignation from World Bank

Jim Yong Kim, outgoing president of the World Bank, will join Global Infrastructure Partners (GIP), a New York-based private investment fund, as a partner and vice chairman, Reuters reports. GIP, The post Jim Kim joins Bayo Ogunlesi’s GIP as vice chairman — after resignation from World Bank appeared first on TheCable.

World Bank revises downward global economic growth to 2.9%

World Bank revises downward global economic growth to 2.9%

The bank in its January 2019 Global Economic Prospects, said “Growth among advanced economies is forecast to drop to 2 percent this year. Joseph Inokotong, Abuja The World Bank has projected global economic growth to fall from 3 percent recorded in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook. Nigeria […]
The post World Bank revises downward global economic growth to 2.9% appeared first on The Sun Nigeria. …

World Bank Cuts Global Growth Forecast Amid US-China Trade Conflict

  Growth of the world economy is expected to slow as the US-China trade conflict takes its toll and undermines confidence, the World Bank said Tuesday in its semi-annual forecast. The World Bank cut the global GDP forecast to 2.9 per cent this year and 2.8 per cent in 2020, slightly below the previous forecast, … Continue reading World Bank Cuts Global Growth Forecast Amid US-China Trade Conflict …

FG should use reserves to reduce borrowing

FG should use reserves to reduce borrowing

Professor Akpan Ekpo, an economist and former director general of the West African Institute for Financial and Economic Management (WAIFEM), believes that the Federal Government does not need any tutorials from the World Bank or International monetary Fund (IMF) on how to handle the external reserves. Nigeria to grow by 1.9% due to fewer disruptions […]
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World Bank Group President, Kim, to step down February 1

World Bank Group President Jim Yong Kim yesterday announced that he will be stepping down from his position after more than six years in which the institution’s shareholders provided strong support to multiple initiatives to ensure that the Bank Group retains strong leadership in the world of global development. 
Continue reading World Bank Group President, Kim, to step down February 1 at Vanguard News Nigeria. …

World Bank president resigns

World Bank president resigns

Trump himself has largely ignored the World Bank, surprising some who expected his administration to have harsher words for the lender. CNN World Bank President Jim Yong Kim abruptly resigned nearly three years ahead of schedule on Monday, setting up an opening for President Donald Trump to fill — and a potential clash with other […]
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