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9 Apr 19
A former US Treasury official nominated by US President Donald Trump has been appointed as the new president of the World Bank Group.
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4 Apr 19
The World Bank is allocating $20m to help Guyana create the regulations and institutions needed to develop its rapidly growing oil and gas sector.
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26 Mar 19
The World Bank is handing Mozambique $90m to help the government build resilience to natural disasters.
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18 Mar 19
For the implementation of accrual-based accounting standards and public financial management reforms to be successful long term they must have political backing, public finance experts have said.
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18 Mar 19
The World Bank has approved $72m in financing for Laos to reduce malnutrition in children and improve public financial management.
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13 Mar 19
Politicians need to commit to publishing their liabilities – even if it might weaken net wealth on paper, public finance professionals have urged.
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12 Mar 19
Governments around the world could boost their public coffers with as much as 3% of their GDP by better managing their assets and producing strong balance sheets.
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4 Mar 19
Bangladesh is to boost its public financial management and budget process with the help of a $100m loan from the World Bank.
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28 Feb 19
Countries in central Asia should work together to minimise the impact natural disasters have on their budgets and finances, a forum has heard.
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22 Feb 19
Spending an average of 4.5% of GDP on ‘climate-friendly’ infrastructure could help developing countries achieve the Sustainable Development Goals.
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18 Feb 19
Sri Lanka’s economy could grow by 20% “in the long-run” by getting more women into work, the World Bank has highlighted.
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12 Feb 19
Treasury official David Malpass has been named as the US’ nomination to lead the World Bank and has vowed to boost the bank’s lending powers and focus on economic growth.
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8 Feb 19
Afghanistan is to receive $325m of World Bank funding to boost service delivery and municipal management.
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1 Feb 19
The World Bank has blocked the subsidiary of a multinational corporation at the centre of a web of corruption across Latin America from participating in its projects.
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29 Jan 19
The World Bank will lend Sri Lanka $200m to boost healthcare and tackle growing causes of death linked to modern lifestyles such as cancer and heart disease.
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22 Jan 19
The World Bank will ramp up its climate financing to $50bn over the next five years, which will be more than double the grants and loans it has given annually since 2015.
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17 Jan 19
The change in World Bank president presents an opportunity to appoint someone who will implement global development goals, say Eurodad’s Maria Jose Romero and Cecilia Gondard.
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17 Jan 19
Investing in people and public services will help Thailand become a high-income country, the World Bank has suggested.
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11 Jan 19
The World Bank and Bangladesh have signed a $250m agreement to create more jobs to boost economic growth in the south Asian country.
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9 Jan 19
The World Bank has called on developing countries to prioritise “effective public spending” as growth stalls amid rising borrowing costs and global trade tensions.
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8 Jan 19
World Bank president Jim Yong Kim has resigned from his post three years before he was due to leave.
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11 Dec 18
Egypt could spend billions more on education and health using its current reforms to attract more private sector finance for infrastructure development, the World Bank has said.
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6 Dec 18
Kenya has announced plans to provide universal access to electricity by 2022 in partnership with the World Bank.
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5 Dec 18
Russia is on track to meet its goal of halving the number of people in poverty by 2024 even if the country’s growth continues to grow ‘modestly’, the World Bank has highlighted.
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3 Dec 18
The Pacific island nation of Kiribati will be supported to improve its public finances and boost economic growth through better regulation.