Global heat maps of extreme poverty show Africa in deep red. And the problem will only accelerate as population on the continent grows in coming decades.
President Donald Trump considered nominating his daughter to head the World Bank, and she also would have been “great” as US ambassador to the United Nations, he said in an interview published Friday.
The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2019 and warned growth could slow further due to trade tensions and a potentially disorderly British exit from the European Union.
The World Bank released a report, which advises the Kenyan government to reduce tax exemptions to improve revenue and inject a dose of practicality when estimating revenue collection.
The Trump administration has notified World Bank shareholders that President Donald Trump intends to pick senior Treasury Department official David Malpass as the US nominee to lead the development lender, people familiar with the decision said on Monday.