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But the spokesperson underlined that a recent report of the World Bank also discussed the growing current account deficit and the decline in reserves as well as the widening fiscal deficit, which has reversed a trend of fiscal tightening over the previous three years.
7 percent as the impact of election-related spending in 2016 dissipated,' the World Bank noted in the report.
The World Bank has also been working with the Lebanese government on improving the infrastructure, with economic growth as their ultimate goal," Ghanem said at the news conference, expressing pleasure in taking part in the signing of a deal that will empower Lebanon's different sectors.
The World Bank Group also discussed the possibility of cooperation with the Sultanate in financing governmental projects.
The World Bank (International Bank for Reconstruction and Development, IBRD) is an international organization created in 1944.
It has not made any payments to the World Bank since 2000.
Although having permanent headquarters in Egypt, this is the first visit by a World Bank official since30 June.
It wants to finalise its selection by the time of the April 20-22 meetings of the World Bank and its sister lending organization, the International Monetary Fund.
Zoellick, who will be making his first visit as World Bank president to the region, will meet Prime Minister Salam Fayyad as well as Israeli Prime Minister Benjamin Netanyahu and other officials and will give a talk at the annual Herzliya Conference on 'The Future of the Global Economy.
The World Bank will consider approval of the Benazir Income Support Program (BISP) additional financing project on February 7, 2012, under which $25 million would be disbursed.
Summary: Within the framework of the World Bank' sub-regional consultations to achieve the environmental sustainability of the World Bank's Group, the World Bank and the International Finance Cooperation held on Tuesday in collaboration with the Tunisian Ministry of Environment and Sustainable Development, a regional workshop in Tunis on " the 2010 Environmental Strategy of World Bank's Group".
World Bank Boosts PA's Plans to Build State Institutions with $64mn

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