The World Bank (WB) will issue a $200 million loan to Ukraine to rehabilitate its power system, a spokesman for the country's Finance Ministry said Friday.
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A new World Bank report on July 19 warns that poor countries, wealthy donors, and aid agencies are losing sight of the value of contraception, family planning, and other reproductive health programs in helping to boost economic growth, and reduce high birth rates which are strongly linked with endemic poverty, poor education, and high numbers of maternal and infant deaths.
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The World Bank has approved a US$16 million credit for Bangladesh from the International Development Association (IDA), the Bank’s concessionary arm, to support the Government’s efforts to minimize the threat and risk of Highly Pathogenic Avian Influenza (HPAI).
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Following recent media interest in the finalization of a joint World Bank-Government of China report entitled Cost of Pollution in China – Economic Estimates of Physical Damages, the head of the World Bank in China, David Dollar made the following statement:
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The International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have agreed that the Islamic Republic of Afghanistan has taken the steps necessary to reach its decision point under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative.
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World Bank Supports Indonesia’s Teacher Improvement Program through New US$86 million Program
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The Executive Board of the World Bank approved on July 5 a Poverty Reduction Support Credit* (PRSC-7) in the amount of US$90 million to Burkina Faso. The credit will have a significant positive impact on poverty reduction and accelerate economic growth.
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The World Bank Board of Executive Directors approved on July 3 $3.0 million in additional financing to support the implementation of the Cape Verde Growth and Competitiveness Project, which was approved by the World Bank in May 2003.
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The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, said on July 3rd it is supporting a new investment that will provide state-of-the-art telecommunications services in Afghanistan.
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Ukraine has substantially reduced its poverty rates, while the ongoing political crisis in the country has had a limited impact on the economy, two senior officials at the World Bank said Tuesday during a presentation of the bank's quarterly report.
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