World Bank Approves Third Development Policy Credit to Strengthen Nepal’s Financial Sector
The World Bank has approved a US$ 100 million credit to help Nepal accelerate its medium term reform program for the financial sector and to reduce the vulnerability of the banking sector and increase its transparency.
Estonia should reduce its oil shale reliance for greener growth
World Bank/Argentina: Promoting Private Investment in Renewable Energy
To achieve the target of 20 percent of energy consumption originating from renewable energy in Argentina by 2025, the World Bank Board of Directors on February 28, approved a US$ 480 million guarantee to promote private investment in the sector. The...
IMF Reaches Staff-Level Agreement with Moldova on First Review under an ECF/EFF Arrangement
An International Monetary Fund (IMF) mission led by Ben Kelmanson held discussions with the Moldovan authorities on the first review under an IMF-supported economic program in Chisinau from February 14-28, 2017.
Tanzania: Seven Cities get Support to Scale-up and Modernize Infrastructure
Residents of seven rapidly urbanizing cities in Tanzania will benefit from funding to scale up infrastructure investments and promote growth, the World Bank Group announced on February 28.
G20 merchandise trade growth picks up in Q4 2016
IMF Staff Initiates Discussions with Gabon toward a Possible Financial Arrangement
An IMF team headed by Alex Segura-Ubiergo visited Libreville from February 14-28 to initiate discussions toward a possible financial arrangement under the Extended Fund Facility (EFF).
11 million Indonesians to benefit from improved and safer dams across Indonesia
The World Bank’s Board of Executive Directors, on February 27, approved $125 million in financing to support a government project that aims to upgrade more than 140 dams throughout Indonesia and make them safer for the 11 million people living near...
India: Strong growth has raised incomes and reduced poverty, but challenges remain
WB/Argentina: Housing and Urban Transformation Projects to Improve Living Conditions for more than 110,000 People
More than 110,000 people in Argentina will benefit from access to affordable housing and transformation of urban slums thanks to two new projects approved by the World Bank Board of Executive Directors, on February 28. Totaling US$400 million, the two...
