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World Bank

G7 officials exit World Bank meeting as Russian official begins to speak

G7 officials and others walked out of a meeting of the Development Committee that advises the governors of the World Bank and International Monetary...

World Bank lowers Romania’s 2022 GDP growth projection to 4.3%

The World Bank said Romania's economy is expected to grow by 4.3% in 2022, cutting its June forecast by 0.2 percentage points, according to...

G7 finance officials endorsed principles for central bank digital currencies

The Group of Seven (G7) finance officials endorsed 13 public policy principles for retail central bank digital currencies (CBDCs) on Wednesday, stating that they...

World Bank raises Romania’s 2021 economic growth forecast to 7.3%

The World Bank announced on Wednesday that Romania's gross domestic product (GDP) is expected to grow by 7.3% in 2021, improving its June forecast...

Romanian government approves €150mln World Bank loan for the health sector

Romania's Ministry of Health said the government has approved a €150mln loan from the World Bank to finance the continuation of reforms in the...

PM Cîțu: Romania’s economy to grow by almost 7% in 2021

Romanian Prime Minister, Florin Cîțu said Romania's economy will grow by close to 7% in 2021 on the back of government policies that are...

World Bank improves outlook for Romania’s economic growth

The World Bank updated the global economic outlook on Tuesday, stating that Romania's economy will grow by 6% in 2021, fully reversing the 3.9%...

World Bank lends Romania €100 million to upgrade the education system

The World Bank's Board of Directors approved a €100 million loan to be extended to Romania under the Safer, Inclusive and Sustainable Schools Project,...

World Bank lifts Romania’s 2021 economic growth forecast to 4.3%

The World Bank said in the latest edition of Europe and Central Asia Economic report that it expects Romania's gross domestic product (GDP) to...

Brasov International Airport expected to open at the end of year

The International Airport in Brasov, central Romania, will be ready to open this year as the construction of the terminal is nearly complete, according...