Saturday May 26, 2018 15:22

THE WORLD BANK Press Releases

Korea, World Bank Join Forces to Build World-Class Scientific Capacity in Sub-Saharan Stcoks—24 May 18

BUSAN, May 23, 2018 – Today, the World Bank and the Government of Korea reinforced their ongoing partnership to support Sub-Saharan Africa's universities and research institutions in growing highly qualified local talent in areas important for

Russias Economic Recovery Continues, Modest Growth Ahead Stcoks—24 May 18

MOSCOW, May 23, 2018 – Russia's economic recovery continues, amidst relatively high oil prices, enhanced macroeconomic stability, gradual monetary loosening, and ongoing momentum in global economic growth, says the World Bank's latest Russia

First African Observatory to Tackle the Continents Road Safety Crisis Stcoks—24 May 18

LEIPZIG, May 23, 2018—The World Bank, the Federation Internationale de l'Automobile (FIA), and the International Transport Forum (ITF) signed a Memorandum of Understanding (MoU) today to establish the first regional Road Safety Observatory in

Turkish Gas Storage Facility Continues to Expand Through a New World Bank Stcoks—23 May 18

WASHINGTON, May 22, 2018—The World Bank's Board of Executive Directors today approved a US$600 million loan for the Gas Storage Expansion Project in Turkey. The project's aim is to increase the reliability and security of gas supply in Turkey by

World Bank Group Supports Georgia with New Country Partnership Framework Stcoks—23 May 18

WASHINGTON, May 22, 2018 – The World Bank Group Board of Executive Directors today endorsed the 2019-22 Country Partnership Framework (CPF) for Georgia, which aims to support sustainable and inclusive growth and improve living standards in the

World Bank Financing Increases Access to Finance and Promotes Labor Market Participation for Women Stcoks—23 May 18

WASHINGTON, May 22, 2018—The World Bank's Board of Executive Directors today approved a US$400 million loan for the Inclusive Access to Finance Project in Turkey. The Project's aim is to improve access to longer-term finance for (i) women-inclusive

World Bank Groups Pandemic Emergency Financing Facility (PEF) Makes First $12 million Commitment to Stcoks—23 May 18

WASHINGTON, MAY 22 2018 --- The World Bank Group's Pandemic Emergency Financing Facility (PEF) today made its first-ever financial commitment, approving a $12 million grant towards the current Ebola response in the Democratic Republic of the Congo (DRC).

World Bank Supports Expansion of Public Health to Benefit 15 Million Stcoks—22 May 18

WASHINGTON, May 21th, 2018 – The World Bank Board of Executive Directors approved on Friday a new US$300 million project to support Argentina strengthen its efforts to protect the most vulnerable populations with expansion of public health

World Bank Group President Meets Uzbek President, Pledges Support for Uzbekistans Stcoks—18 May 18

Washington DC, May 17, 2018 - World Bank Group President Jim Yong Kim met with Uzbek President Shavkat Mirziyoyev today to discuss Uzbekistan's social and economic transformation and to reaffirm the World Bank Group's support for reforms to accelerate

Project Launch Showcases Potential of Vietnams Trade and Logistics Stcoks—18 May 18

Hanoi, 15 May 2018 - The World Bank and the Ministry of Transport today hosted a workshop to launch the implementation of the Vietnam Logistics Statistical System Project and highlight the importance of strengthening the transport and logistics sectors

The launch of the project demonstrates the potential of Vietnam#s trade and Stcoks—18 May 18

Ha Noi, May 15, 1818 - The World Bank and the Ministry of Transport and Transport jointly held a workshop launching the "Logistics and Logistics Statistics" project to highlight the importance of Strengthen transport and logistics capacity, thereby

World Bank to Provide US$3 million to Support Ebola Response Efforts in the Democratic Republic of Stcoks—18 May 18

WASHINGTON, May 17, 2018—The World Bank announced today that it is making US$3 million immediately available to support the Government of the Democratic Republic of the Congo (DRC)'s Ebola Virus Disease Response Plan (EVDRP) to fight the current

Bangladesh: World Bank Helps Microenterprises Access to Clean Energy, Green Stcoks—17 May 18

Dhaka, May 16, 2018 — The government of Bangladesh today signed a financing agreement with the World Bank to help microenterprises adopt cleaner technologies. The $110 million Sustainable Enterprise Project will help about 20,000 microenterprises

Improving Taxation to Finance Ugandas Development Stcoks—16 May 18

KAMPALA, May 15, 2018--Uganda's economy is expected to grow at 5.5 percent this year, rising above 6 percent all through to 2019, according to the World Bank's 11th Uganda Economic Update launched in Kampala today. The improvement in performance,

World Bank Launches GBP 750 Million FRN Bond Stcoks—15 May 18

The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA) priced today a GBP 750 million 5-year FRN bond, with a maturity date of May 22, 2023. This bond was joint-lead managed by Barclalys, RBC Capital Markets and TD

World Bank Treasury hosted its first Workshop on Assessing and Managing Risks from Contingent Stcoks—15 May 18

The World Bank Treasury - Public Debt Management Advisory Group - organized its first workshop on "Assessing and Managing Risks from Contingent Liabilities" from April 30th to May 4th, 2018 in Vienna, Austria, as a response to increased interest in

The World Bank to Support Implementation of a New National E-Tolling System in Stcoks—10 May 18

SOFIA, May 9, 2018− The World Bank will provide advisory services to support the implementation by the Roads Infrastructure Agency of the National Electronic Tolling System in Bulgaria. A contract for the provision of Reimbursable Advisory Services

Economic Mobility in Developing Countries Has Stalled for the Last 30 Years: WBG Stcoks—10 May 18

WASHINGTON, May 9, 2018 – Generations of poor people in developing countries are trapped in a cycle of poverty determined by their circumstance at birth and unable to ascend the economic ladder due to inequality of opportunity, says the World Bank

World Bank Country Manager takes up position in Kathmandu Stcoks—09 May 18

KATHMANDU, May 8, 2018 – Faris Hadad-Zervos, the World Bank's new Country Manager for Nepal, arrived in Kathmandu today to take up his position. Mr. Hadad-Zervos, an American national, joined the Bank in 2001 in the Middle East and North Africa

Project Signing : Government of India and World Bank Sign Agreement for Additional Financing to Stcoks—08 May 18

NEW DELHI, May 7, 2018 – The Government of India and the World Bank today signed an additional financing of US $200 million to fund the National Nutrition Mission (POSHAN Abhiyaan) and support the Government of India achieve its goal of reducing

Child Marriage May Cost Ethiopia Billions of Dollars, Says New World Bank Stcoks—04 May 18

ADDIS ABABA, May 3, 2018 – Ethiopia's economy could potentially lose billions of dollars annually due to child marriage, says a new report by the World Bank and the International Center for Research for Women, which was launched today together with

Makhtar Diop, World Bank Vice President for Africa to Visit Kenya and Stcoks—03 May 18

NAIROBI, KIGALI, May 2, 2018 — The World Bank's Vice President for the Africa Region, Mr. Makhtar Diop, will visit Kenya and Rwanda from May 2 to 4, 2018. During his visit, Mr. Diop will meet the Kenyan President, H.E. Uhuru Kenyatta and Rwandan

World Bank Group and Credit Suisse Launch Disruptive Technologies for Development Stcoks—02 May 18

LOS ANGELES, May 1, 2018 – The World Bank Group (WBG) today announced the launch of the Disruptive Technologies for Development Fund in partnership with Credit Suisse to harness technologies such as blockchain, 3D printing, and the Internet of

World Bank Board Approves $250 Million Project to Boost Rural Incomes Across 13 States in Stcoks—27 Apr 18

WASHINGTON, DC, April 26, 2018- The World Bank Board of Executive Directors today approved a $250 million National Rural Economic Transformation Project (NRETP) to help rural households shift to a new generation of economic initiatives by developing

World Bank Approves $100 Million to help Sri Lanka Modernize its Education Stcoks—27 Apr 18

WASHINGTON, April 26, 2018 – The World Bank Board of Executive Directors today approved a $100 million credit to support Sri Lanka's efforts to strengthen and modernize its education system. The General Education Modernization Project (GEM) will

New Financing Will Support Cambodia in Improving Higher Education for Industrial Stcoks—27 Apr 18

WASHINGTON, April 26, 2018— The World Bank's Board of Executive Directors approved today US$90 million in financing to support Cambodia's efforts in improving the quality of higher education and research in the country and broadening access to

Lao PDR to Increase Productivity and Quality in Agriculture Stcoks—27 Apr 18

WASHINGTON, DC, April 26, 2018 – More than 140,000 people will benefit from efforts to make rice, maize, and produce farming more productive and profitable, through the Lao PDR Agriculture Competitiveness Project, approved today by the World Bank's

World Bank Group and IMF to Hold 2021 Annual Meetings in Marrakech, Stcoks—26 Apr 18

The 2021 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will take place in Marrakech, Morocco, in October 2021, following a vote by the Boards of Governors of the two institutions. The Annual Meetings bring

Djibouti Launches Digital Transformation to Improve Services to Citizens Stcoks—26 Apr 18

Washington, April 25, 2018 – The World Bank announced today new support for Djibouti's ongoing efforts to leverage digital technology to bring government closer to citizens and improve the impact, transparency and efficiency of its public

World Bank Supports Better and Safer Access to Economic Opportunities for 80,000 Inhabitants in Stcoks—26 Apr 18

WASHINGTON, April 25, 2018 — The World Bank's Board of Executive Directors today approved a US$50 million Regional and Local Roads Connectivity Project to the Republic of Albania. The project supports improved access to several agricultural and