World Bank Managing Director Emphasizes Gender and Inclusive Development in Palestinian Territories
The World Bank Group’s work on fragile and conflict-affected areas was the focus of a three-day visit to the Palestinian Territories by the institution’s Managing Director Caroline Anstey.
Europe to Pledge $650 Million to Help Mali Rebuild
The European Union will pledge more than $650 million to help Mali rebuild after its conflict, ahead of a major international donors' conference in Brussels Wednesday.
Nigeria Economic Update: World Bank Forecasts Rising Growth, Less Inflation, Urges Closer Federal and State Government Cooperation
Nigeria’s short term macroeconomic outlook looks generally strong, with the likelihood of higher growth, lower inflation, and reserve accumulation. This will present the Government with an opportunity to make progress in key reforms and public...
China: World Bank to Help Develop Green Airport to Improve Connectivity in Jiangxi Province
Monday the World Bank Board of Directors approved a loan of US$50 million to the People’s Republic of China to help improve airline connectivity in northeastern Jiangxi Province and demonstrate the environmental sustainability of the development and...
Anti-Euro on the Outside, National-Monetarism Inside
More and more citizens sense that Germany is in danger of being drawn into a bottomless vortex. All of Southern Europe is being economically ruined by the austerity demands of the Troika [IMF-ECB-European Commission]; youth unemployment there is up to...
UN's overall financial situation 'positive,' top management official reports
Yukio Takasu, Under-Secretary-General for Management and Special Adviser to the Secretary-General on Human Security...
World Bank Increases Support for Kosovo’s Environmental Efforts in the Mining and Energy Sectors
The World Bank Board of Executive Directors today approved a US$4.2 million Additional Financing for the Kosovo Energy Sector Clean-up and Land Reclamation Project to continue addressing environmental issues, remove hazardous chemicals from an old...
Inward investment on the rise as Olympics brings £2.5bn boost to UK
The investment projects generated following the 2012 Olympics’ British Business Embassy programme of global business summits have helped ensure that the UK has again retained its position as the leading European destination for foreign direct...
Regional Integration Key to Africa’s Future Competitiveness
The strides made by African economies in achieving economic growth must be accompanied by efforts to boost long-term competitiveness if the continent is to ensure sustainable improvements in living standards finds a new report, the Africa...
World Bank Continues to Support Upgrading Georgia’s Major Transport Route
The World Bank Board of Executive Directors approved a US$75.0 million equivalent financing for the Fourth East-West Highway Improvement Project (EWHIP4) for Georgia. This is the latest in a series of investments aimed at upgrading the E60 Highway,...