Lao PDR to Strengthen Resilience to Natural Disasters
The Ministry of Finance and the World Bank on August 30th, signed an agreement for $30 million in financing for the Lao PDR Southeast Asia Disaster Risk Management Project, which will invest in urban flood risk management in Oudomxay province, and in...
IMF Team Completes a Staff Visit to Qatar
An IMF team led by Mohammed El Qorchi visited Doha from August 13-20 to take stock of recent economic developments since December 2016.
World Bank Helps Bangladesh Improve Public Procurement Performance
The government of Bangladesh on August 29th, signed an agreement with the World Bank to use digital technology to monitor the country’s annual development programs and improve the performance of public procurement.
Continued, albeit slower, G20 merchandise trade growth in Q2 2017
Stakeholders Take Stock of Malawi’s Economic Performance
The International Monetary Fund (IMF) and the Government of Malawi co-sponsored a high-level international stakeholders conference in Lilongwe on August 28–30, 2017. The conference aimed at taking stock of the objectives and performance under the...
Turkey and World Bank Group Renew Partnership, with Focus on Growth, Inclusiveness and Sustainability
The World Bank Group and the Government of Turkey have renewed their partnership with the introduction of a new Country Partnership Framework (CPF), endorsed by the Group’s Board of Executive Directors, on August 29th.
Sustainable Path to Water Security Urgent Priority for Arab World
The inadequate supply of water and sanitation is costing the Middle East and North Africa (MENA) region around US$21 billion per year in economic losses, according to a new World Bank report. Measures to improve the management and distribution of...
OECD GDP growth accelerates to 0.7% in second quarter of 2017
Economic Growth in Thailand Gains Momentum, Forecast Rise to 3.5% for 2017: World Bank
Economic growth in Thailand is gaining momentum, with global growth and a recovery from severe drought buoying an expansion of GDP by 3.3 percent in the first quarter and 3.7 percent in the second quarter of 2017, exceeding market expectations....
Project Signing: World Bank Helps Bangladesh Ensure Reliable and Affordable Electricity Supply
The government of Bangladesh on August 24, signed a $59 million financing agreement with the World Bank to improve reliability and efficiency of the country’s power system, with the aim to provide reliable and low cost electricity to citizens.
