World Bank Helps Improve Sustainability and Affordability of the Croatian Railway Sector
The World Bank’s Board of Directors on April 30 approved three loans totaling EUR163.5 million (US$183.4 million) to three independent railway companies – HZ Infrastructure, HZ Cargo, and HZ Passenger Transport. The loans for the Sustainable Croatian...
World Bank Approves US$ 50 million to train youth in Punjab
The World Bank approved US$50 million to improve skills training programs in priority growth sectors on April 30 in Punjab. The project aims to improve the quality, labor market relevance and access to the training programs with a focus on the...
Kenyans to Access Affordable Long Term Financing
World Bank Group will support Kenya to develop a stronger financial system, increase long term financing and reduce the cost of credit to borrowers under a new finance program approved on April 30.
NASA Invests in Hundreds of U.S. Small Businesses to Enable Future Missions
IMF and World Bank Announce US$1.1 billion Debt Relief for Chad
The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have decided to support US$1.1 billion in total debt relief for Chad, of which US$1.0 billion is expected to be delivered by multilateral creditors...
€1 billion for Youth Employment Initiative in 2015
One billion euro in EU funding to help member states get up to 650,000 young people into work will be delivered in 2015 thanks to European Social Fund rule changes approved by Parliament on Wednesday. This EU Youth Employment Initiative funding tops...
UN Secretary-General Ban Ki-moon urges OECD countries to engage on development goals
28 April 2015 - Mr. Ban Ki-moon, UN Secretary-General with...
Reforms are the Best Antidote to Exogenous Shocks Confronting Ukraine, Says World Bank
The value of key ocean assets is conservatively estimated in the report to be at least US$24 trillion. If compared to the world’s top 10 economies, the ocean would rank seventh with an annual value of goods and services of US$2.5 trillion.
World Bank Supports Georgia’s Efforts to Increase Private Sector Competitiveness
The World Bank Board of Executive Directors approved an IBRD (International Bank for Reconstruction and Development) loan of US$60 million for the First Programmatic Private Sector Competitiveness Development Policy Operation for Georgia on April 28....
IMF Concludes Article IV Mission to Vanuatu and Reaches Staff-level Agreement on Financial Assistance Under Rapid Credit Facility and Rapid Financing Instrument
An International Monetary Fund (IMF) mission led by Vladimir Klyuev visited Port Vila and Luganville, Vanuatu, during April 15-28 to conduct the 2015 Article IV Consultation, and discuss policies and IMF financial assistance to support economic...
