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With the right reforms undertaken by the lao government, the railway connecting lao pdr (and later thailand, malaysia, and singapore) to the vast bri network could potentially increase aggregate income in lao pdr by up to 21 percent over the long term. Access kazakhstan’s economy facts, statistics, project information, development research from experts and latest news. With 189 member countries, the world bank group is a unique global partnership fighting poverty worldwide through sustainable solutions.
China’s belt and road initiative (bri) could speed up economic development and reduce poverty for dozens of developing countries—but it must be accompanied by deep policy reforms to mitigate risks. Latest news and information from the world bank and its development work in kazakhstan Belt and road initiative (bri) infrastructure projects are expected to cut trade costs and enhance foreign investment in central asia and south caucasus countries
A key issue for countries is how to maximize bri benefits and minimize risks of unsustainable debt, and environmental and social costs.
The world bank group works with client countries to ensure information about lending is reported regularly and accurately We work jointly with the imf to produce regular debt sustainability analyses, which are structured examinations of developing country debt.
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