Category News

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World Bank helps Philippines address malnutrition problem

The World Bank approves a $178.1 million loan to help the Philippines combat malnutrition. The World Bank supports the provision of nutrition and health services as part of primary care and community services to reduce growth disorders in infants and…

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IMF lowers U.S. GDP forecast for this year to 2.9%

The International Monetary Fund (IMF) on Friday (June 24) forecast that the United States’ gross domestic product (GDP) will grow by 2.9% this year, below previous forecasts. The last time growth of 3.7% was forecast was in April. The IMF…

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Singapore’s core inflation rate rose by 3.6% in May

Core inflation in Singapore reached its highest level in more than 13 years in May, driven by higher food and utility prices. Core inflation (excluding the cost of private accommodation and transportation) rose 3.6% year-on-year in May. This was up…

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