Project Signing: Bangladesh receives additional $34.5 million for digitizing public procurement in Bangladesh
The government of Bangladesh signed a financing agreement worth $ 34.5 million for additional financing of the on-going Second Public Procurement Reform Project (PPRP II) with the International Development Association (IDA), the World Bank’s...
Making malnutrition history - EU announces €3.5 billion for nutrition
The European Union (EU) is to spend an unprecedented €3.5 billion between 2014-2020 on improving nutrition in some of the world's poorest countries, Development Commissioner, Andris Piebalgs, is expected to pledge.
IMF Executive Board Completes Third ECF Review for Côte d’Ivoire and Approves US$74 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed the third review of Côte d’Ivoire’s economic performance under the program supported by an Extended Credit Facility arrangement (ECF). The Board’s decision, which was taken on a...
Living on Margins Drives HIV Epidemic in Europe and Central Asia
Social and structural factors – such as poverty, marginalization and stigma – and not just individual behaviours are shaping the HIV epidemic in Europe and central Asia. This is the main conclusion of a new report released by the World Bank Group, WHO...
Food prices to stay high as productions dips, UN agency reports in 10-year outlook
Buying food at the market.
Moving forward to an industrial renaissance to overcome economic crisis
One lesson has been learned in the crisis: Europe needs a strong industrial sector in order to resist downturns. This is the clear message of the conference "An industrial renaissance" taking place in Brussels. Hosted by European Commission President...
IMF Executive Board Reviews Greece Misreporting, Remedial Steps
The Executive Board of the International Monetary Fund (IMF) has reviewed a non-complying purchase by Greece totaling SDR 2.79 billion (about €3.3 billion) that was made on January 18, 2013, following the completion by the Executive Board of the first...
OECD-FAO expect slower global agricultural production growth
Global agricultural production is expected to grow 1.5% a year on average over the coming decade, compared with annual growth of 2.1% between 2003 and 2012, according to a new report published by the OECD and FAO.
Transforming Arab Economies: Towards Knowledge and Innovation-Driven Development Strategies
A new World Bank-CMI-EIB and ISESCO report titled “Transforming Arab Economies: Traveling the Knowledge and Innovation Road” shows how an economy based on innovation and knowledge can help promote greater economic growth and spur competitiveness.
Global manufacturing output up slightly after nearly three-year downturn, UN reports
Workers at Sonapi Industrial Park, Port-au-Prince, Haiti.
