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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.
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30 Nov 18
G20 leaders must shift their investments to more low-carbon, climate-resilient infrastructure to limit the impact of climate change, global organisations have warned.
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19 Nov 18
Timor-Leste needs to “sustainably manage” its public finances to ensure it doesn’t spend too much too quickly as its natural resources run low, the World Bank has warned.
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19 Nov 18
The World Bank and the Danish government have pulled hundreds of millions of dollars in aid and loans from Tanzania over human rights concerns.
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14 Nov 18
Borrowing by low and middle-income countries more than tripled in 2017 compared to the year before, World Bank statistics have revealed.
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12 Nov 18
The World Bank has approved a $20m package to support Djibouti in eliminating slums and improving living conditions for people in urban areas of the East African country.
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8 Nov 18
The UK is giving £50m to help stop mothers and babies dying in childbirth in developing countries.
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30 Oct 18
The Republic of Seychelles has launched the world’s first ‘blue bond’, which will raise funds to safeguard its oceans.
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25 Oct 18
The World Bank has launched a fund to support the implementation of the UN Sustainable Development Goals by improving data and skills.
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17 Oct 18
The World Bank is giving Indonesia up to $1bn in loans to help the government’s relief and reconstruction efforts in the areas hit by an earthquake and tsunami last month.
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12 Oct 18
African governments’ debt to overseas lenders doubled in two years leaving countries struggling to pay them back, a charity has warned.
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12 Oct 18
Iraq will introduce programmes to support and empower women thanks to a $1.95m grant from international donors.
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12 Oct 18
Future global economic productivity could stall unless governments invest more in their people and services to support them, the World Bank chief has warned.
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5 Oct 18
The world’s accounting systems need to be brought up to date – ideally moving over to accruals, says the emeritus chair of CIPFA International Ian Ball.
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2 Oct 18
The World Bank has approved $20m to strengthen Saint Lucia’s public health care system.
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27 Sep 18
The Word Bank has approved $80m in loans to Somalia to assist with public finance reforms, marking the first funding for the government in more than 30 years.
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24 Sep 18
Political drive is essential for public financial management reforms to be successful, a panel discussing transforming PFM at CIPFA’s international conference agreed.
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17 Sep 18
The World Bank and the EU have signed a €15.6m programme to strengthen public financial management oversight and accountability in Iraq.
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13 Aug 18
Bangladesh and the World Bank have signed a $510m financing agreement to enhance secondary education, potentially benefiting 13 million students.
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2 Aug 18
Madagascar must ensure its economic growth also reduces poverty in the country, the World Bank has warned.
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27 Jul 18
The World Bank is providing $90m to boost the economic welfare of the Palestinian people, it has announced.
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26 Jul 18
The World Bank has agreed to give Sri Lanka $100m to help boost its education system.
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20 Jul 18
The World Bank and its development partners have launched a $12m fund to help countries increase government transparency and boost public participation.
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17 Jul 18
The Philippines’ economy continues to strengthen despite global uncertainty, according to the World Bank.