The World Bank Group and the Kurdistan Regional Government of Iraq Partner to Promote Equity and Reduce Vulnerability
The World Bank Group and the Kurdistan Regional Government (KRG)-Iraq, launched Tuesday a social protection program of support to promote equity in living standards and reduce vulnerability. The program is aligned with the government’s efforts to...
Bolivia/World Bank: Strengthening Disaster Response and Climate Change Mechanisms
The World Bank (WB) Board of Executive Directors approved US$200 million in financing to strengthen Bolivia’s legal and institutional framework for the comprehensive management of disaster and climate risks on February 24. Fifty percent of these funds...
IMF Executive Board Approves €1.2 billion Stand-By Arrangement for Serbia
The Executive Board of the International Monetary Fund (IMF) Monday approved a three-year, SDR 935.4 million (about €1.2 billion, 200 percent of quota) new Stand-By Arrangement for Serbia. The Serbian authorities have indicated their intention to...
Banks Can Help to Incentivize Commercial Performance of Power Sector, says World Bank Study
Despite significant increase in private investment in the power sector in Maharashtra over the past two decades, electricity distribution to the end consumer continues to be the weakest link in the value chain, says a World Bank report.
IMF Executive Board Approves US$ 45.6 Million Disbursement under the Rapid Credit Facility and US$ 36.5 Million in Debt Relief Under the Catastrophe Containment and Relief Trust for Liberia
The Executive Board of the International Monetary Fund (IMF) Monday approved a disbursement of an amount equivalent to SDR 32.3 million (about US$45.6 million or 25 percent of quota) to be drawn from the Rapid Credit Facility (RCF) as well as SDR 25....
The World Bank reaffirms its commitment to support Sri Lanka
World Bank Vice President for the South Asia Region Annette Dixon said the Bank would partner with the government to help shape and implement policies aimed at reducing poverty, improving shared prosperity and promoting sustainable growth.
IMF Executive Board Completes Second and Third Reviews under Extended Fund Facility Arrangement for Albania and Approves €58.8 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) Monday completed the second and third reviews of Albania’s economic performance under a program supported by the Extended-Fund Facility (EFF). The completion of the review enables the...
UK government gets further £500m of taxpayers’ money back from Lloyds share sales
UK Chancellor has announced that the government has sold a further £500m of Lloyds Banking Group shares through the trading plan that was launched in December 2014, taking the total amount of money recovered for the taxpayer from the bank to just...
European Investment Bank achieved lending targets ahead of schedule: EUR 77 billion in 2014
The European Investment Bank (EIB) is delivering well ahead of schedule on commitments made to the EU Member States to mobilise EUR 180 billion of additional investment following a capital increase in 2013. “We will reach our goal of EUR 180 billion...
More than 15,500 jobs created across UK's enterprise zones
