WORLD BANK
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World Bank Report: One-Third Of Romania’s Population At Risk Of Poverty
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 p...
World Bank Revises Romania’s Economic Growth Forecast Downwards To 1.8% For 2023 And To 3.3% For 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 G...
IFC-World Bank Report: Romania Still Faces A Large Convergence Gap With EU Living Standards
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...
World Bank: Climate Change Mitigation Actions In Romania To Involve Consumer Price Hikes And Tax Increases
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.
World Bank: Romania Could Substantially Improve Living Standards While Decarbonizing Its Economy By 2050
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 co...
World Bank Puts Romania Among High-Income Countries
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.
World Bank OKs Nearly EUR600M Loan For Inclusive And Green Economic Growth In Romania
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 EU...
World Bank Sees Romania’s GDP Growing By 2.6% In 2023 And By 4.2% In 2024
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.
World Bank Releases Its First Report On Circular Economy In The EU
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...