World Bank Continues Support to Improve Vietnam’s Competitiveness with US$250 Million Credit
The World Bank’s Board of Executive Directors approved a US$250 million credit to the Government of Vietnam for the Second Economic Management and Competitiveness development policy operation (EMCC-2) to support the Government’s economic management...
World Bank Group President Praises Lebanon and Jordan for Hosting Syrian Refugees and Calls on Global Community to Do More
On his last day in the Middle East and North Africa (MENA) region, World Bank Group President Jim Yong Kim visited the Zaatari refugee camp in Jordan to bring global attention to the plight of the refugees and the impact of the Syrian crisis on...
World Bank Supports SME Development with Focus on Financial Reporting in Europe and Central Asia
Ministers of Finance, business leaders, accounting professionals, and academics from Europe and Central Asia, together with representatives of the World Bank and key EU and international institutions in financial reporting and auditing, met in Vienna...
OECD & G20 Anti-Corruption Conference, Rome, 11 June 2014 – open to media
The global fight against corruption has been a priority of the G20 for the past four years. To take stock of the impact to date and to discuss new approaches to address this challenge, the OECD and G20 will hold the Fourth Annual High-Level Conference...
Statement at the Conclusion of the IMF and World Bank FSAP Mission to Georgia
A joint International Monetary Fund (IMF) and World Bank (WB) mission, led by Mr. Elias Kazarian (IMF) and Ms. Aurora Ferrari (WB), visited Tbilisi during May 20-June 3 to conduct an assessment under the Financial Sector Assessment Program (FSAP). The...
World Bank Extends Support for Building Capacities in the Hydropower and Mining Sectors in Lao PDR
The World Bank’s Board of Executive Directors approved a US$8.9 million grant and a US$8.9 million credit in additional financing from the International Development Association (IDA) for the Technical Assistance for Capacity Building in the Hydropower...
China: World Bank to Help Reduce Vulnerability of Fujian Fishermen to Typhoons
The World Bank’s Board of Executive Directors approved a $60 million loan to the People’s Republic of China to reduce the vulnerability of fishing communities to extreme weather events in the country’s south eastern coastal Fujian Province
Turkey’s Public Finances: Time for a Fiscal Policy Pivot?
The World Bank launched a new report, Turkey in Transition: Time for a Fiscal Policy Pivot? at a conference held in Ankara in partnership with the Ministry of Finance and the Ministry of Development.
US Accuses Russian Hacker in Huge Computer Scam
The U.S. Justice Department has accused a Russian computer hacker of leading an international operation targeting hundreds of thousands of computers with malware that allowed hackers to steal more than $100 million from unsuspecting victims.
World Bank Commits a US$133 Million Grant to Launch Yemen’s Largest Ever Infrastructure Project
The World Bank announced a US$133.54 million grant to support the Government of Yemen’s ambitious plan to connect the northern and southern parts of the country with a 710 km highway.