Finance & Economics | WPN World People News

The World Bank’s Board of Executive Directors on March 2 approved a Management Action Plan, which responds to an independent Inspection Panel investigation of the India Rural Water Supply and Sanitation Project for Low Income States (the Project).

The burden of unpaid care work falls disproportionately on the shoulders of women in the Mashreq. Short of appropriate support mechanisms within their households or from the state, women in Iraq, Jordan and Lebanon often find themselves having to choose between staying out of the labor market or working in a double shift, at home and in the workplace.

Poverty and inequality are on the rise in many parts of the world.

The Government of Liberia with support from the World Bank, the Government of Norway, and donor partners is organizing a high-level international forum to highlight the significance of Liberia’s forestry sector and climate resilience.

Attaining higher living standard for citizens, speeding up convergence with average European Union (EU) income levels, and doubling long-term growth per capita are well within Croatia’s reach. This can be delivered by deepening reforms with a focus on improving the productivity of the overall economy, strengthening the quality of education, and increasing labor market participation, according to a new World Bank report presented, at the Raising Croatia’s Long-Term Growth and Productivity Conference, on Febuary 1st.

Attaining higher living standard for citizens, speeding up convergence with average European Union (EU) income levels, and doubling long-term growth per capita are well within Croatia’s reach. This can be delivered by deepening reforms with a focus on improving the productivity of the overall economy, strengthening the quality of education, and increasing labor market participation, according to a new World Bank report presented , at the Raising Croatia’s Long-Term Growth and Productivity Conference, on February 1st.

The World Bank’s Board of Executive Directors approved financing to support the Philippine government’s efforts to boost the resiliency and sustainability of its financial sector and strengthen economic recovery from the COVID-19 pandemic.

In a new BBC documentary, former British Prime Minister Boris Johnson says Russian President Vladimir Putin threatened Britain with a missile strike. Johnson says the conversation took place during a phone call in the run up to Moscow’s invasion of Ukraine in February of last year.

Myanmar’s economy remains subject to significant uncertainty, with ongoing conflict disrupting business operations, a World Bank report released says, on January 30.

While some firms are showing signs of resilience, household incomes remain weak, and Myanmar’s potential for inclusive growth has been severely weakened by recent shocks, according to the report, Myanmar Economic Monitor: Coping with Uncertainty.

With support from the World Bank, in June 2022, Tunisia launched its first report on the status of the blue economy. The report, titled in French “L’économie bleue en Tunisie: Opportunité pour un développement intégré et durable de la mer et des zones côtières” (The Blue Economy in Tunisia: An Opportunity for Integrated and Sustainable Development of the Sea and Coastal Areas), recommends initial guidelines for a national strategy in this area.