World Bank Press Release
|01/22/2020 - 03:22||
Western Union and Bharti Airtel Unveil Real-time Global Payments into Millions of Bank Accounts in India and Mobile Wallets Across Africa
DENVER & NEW DELHI & NAIROBI, Kenya--( )-- Western Union, a global leader in cross-border, cross-currency money movement and payments, and Bharti Airtel Limited, a leading global telecommunications company with operations in 18 countries across Asia and Africa, today announced an unprecedented milestone in global money movement across the world’s significant emerging markets. The two industry leaders have come together to launch real-time payments soon into millions of Airtel Payments Bank accounts in India and Mobile Wallets across 14 countries in Africa.
|01/17/2020 - 20:52||
Uzbekistan Enters the Next Phase of Market Reforms with Renewed Support from the World Bank
TASHKENT, January 18, 2020 – World Bank Vice President for Europe and Central Asia, Cyril Muller, welcomed the Government of Uzbekistan’s progress in transforming the economy and pledged the institution’s continued support for further reforms. Visiting Tashkent on January 16-17, he met with President Shavkat Mirziyoyev and senior government and parliamentary officials.
|01/16/2020 - 20:37||
Higher Productivity is Key to Thailands Future Economic Growth and Prosperity World Bank
BANGKOK, January 17, 2020 – Thailand’s growth slowed to an estimated 2.5 percent in 2019 from 4.1 percent in 2018, due to external and domestic factors. The economy is projected to pick up moderately to 2.7 percent in 2020 as private consumption recovers and investment picks up due to the implementation of large public infrastructure projects. As Thailand seeks to transition to high-income status by 2037, boosting productivity and reviving private investment will be critical, according to the World Bank’s Thailand Economic Monitor report, released today.
|01/16/2020 - 04:02||
Jack M. Mintz Appointed as C.D. Howe Institute Senior Fellow
January 16, 2020 – William Robson, President and CEO of the C.D. Howe Institute, announces the appointment of Jack M. Mintz as a Senior Fellow.
|01/16/2020 - 01:33||
#WhyIScience Q&A: How a global collaboration is boosting science and public health in Senegal
Aida Badiane and Katie Siddle talk about their work on non-malaria pathogens and the changes they’ve seen in public health and research in the West African country.
|01/15/2020 - 23:07||
The Global Road Safety Facility and Total Foundation Announce Partnership to Advance Data-related Capacity Building through the African Road Safety Observatory
Washington D.C./Paris (January 16, 2020) — Total Foundation has joined the Global Road Safety Facility (GRSF) as its newest donor partner. GRSF is a global partnership program administered by the World Bank, with a mission to help address the growing crisis of road traffic deaths and injuries in low and middle-income countries. Total Foundation and GRSF have signed a joint project to provide training, assistance and guidance to countries, with the goal of boosting their road safety analytic and data usage capacities.
|01/15/2020 - 22:01||
Project Signing: World Bank Approves $88 Million Project to Help Modernize Waterways in Assam
New Delhi, January 16, 2020 – The Government of India, Government of Assam and the World Bank today signed a loan agreement of $88 million to help modernize Assam’s passenger ferry sector that runs on its rivers including the mighty Brahmaputra.
|01/15/2020 - 21:37||
Chinese Immigrants in the United States
The population of Chinese immigrants in the United States has grown nearly seven-fold since 1980, reaching almost 2.5 million in 2018, or 5.5 percent of the overall foreign-born population. Whereas in 1980 Chinese immigrants did not appear among the ten largest foreign-born groups in the United States, China in 2018 replaced Mexico as the top sending country. After immigrants from Mexico and India, the Chinese represented the third largest group in the U.S. foreign-born population of nearly 45 million in 2018.
|01/15/2020 - 21:36||
World Bank Vice President Visits Afghanistan, Reassures Continued Commitment
World Bank Vice President for the South Asia Region, Hartwig Schafer concluded three days visit to Afghanistan. During the visit, Schafer reconfirmed the World Bank’s continued support to the country in its path towards economic growth and self-reliance.
|01/15/2020 - 17:30||
Cisco Study Provides New Insights into Countries Readiness to Create a Digital Economy in which all Citizens can Participate and Thrive
Cisco released the 2019 Digital Readiness Index measuring the digital readiness of 141 countries. This research will help Cisco partner with private and public sectors to bridge the digital divide and build a more inclusive future. Research shows that improvements in a country’s Basic Needs, Human Capital, and Technology Infrastructure have the biggest impact on their digital readiness.
|01/15/2020 - 14:23||
Joint Statement of Egypt, Ethiopia, Sudan, the United States and the World Bank
Washington, DC â€“ The Ministers of Foreign Affairs and Water Resources of Egypt, Ethiopia and Sudan and their delegations met with the Secretary of the Treasury and the President of the World Bank, participating as observers, in Washington, D.
|01/14/2020 - 22:35||
World Bank Approves Additional Credit to Support 86,000 New Households for Earthquake Housing Reconstruction in Nepal
WASHINGTON, January 14, 2020 – The World Bank has approved an additional credit of US$ 200 million to the Earthquake Housing Reconstruction Project (EHRP) in Nepal.
|01/14/2020 - 21:42||
World Bank, Switzerland to Support Ho Chi Minh Citys New Bus Rapid Transit Corridor
HANOI, January 15, 2020—The World Bank and the Ministry of Finance today signed a financing agreement for a grant worth US$10.5 million to promote integrated urban development and transport connectivity along a new Bus Rapid Transit corridor in Ho Chi Minh City.
|01/14/2020 - 21:22||
World Bank Group Executive Directors Visit Djibouti to Discuss Countrys Development Prospects
DJIBOUTI, January 15, 2020 – A delegation of World Bank Group Executive Directors (EDs) has concluded its visit to Djibouti after gaining a comprehensive perspective of the country’s current development status and future opportunities, with its focus on youth and women.
|01/14/2020 - 20:55||
Connectivity is Key to Vietnams Deeper Integration
HANOI, January 15, 2020—Developing quality connective infrastructure and logistics is crucial to lower trade costs and boost Vietnam’s further integration in both global and domestic markets. This will require a new approach to planning and additional investments in strategic connective assets, a new World Bank report concludes.
|01/14/2020 - 12:09||
World Bank East Asia Pacific Regional Vice President Visits Mongolia
Ulaanbaatar, January 14 -- The World Bank Vice President for East Asia and Pacific, Victoria Kwakwa, concluded a two-day official visit to Mongolia on January 14. During her visit, she highlighted the progress the country has made on implementing the economic recovery program since the economic crisis in 2016, and the need to sustain reforms to stay the course.
|01/14/2020 - 01:20||
World Learning Inc. Global Advisory Council Expands to Include Industry Leaders
Publication Date: January 14, 2020 Publication Location: WASHINGTON Contact: Kathryn Schoenberger
|01/10/2020 - 14:00||
Indonesian economist Mari Pangestu is a World Bank Managing Director
In a win for Asia, Pangestu brings a practical bent that will hopefully ground some of the loftier Bank pronouncements.
|01/10/2020 - 12:58||
The World Bank Will Help Strengthen Urban Management and Income Generation in 22 Districts of Peru
WASHINGTON, January 10, 2020. – The World Bank Board of Directors approved a US$ 50 million loan to finance the project “National Urban Cadaster and Municipal Support,” today. The initiative will support the development of the urban cadaster and will provide technical assistance to 22 municipalities located in the provinces of Lima, Chiclayo, Lambayeque and Piura in the use of this tool to optimize urban management, disaster risk management and tax collection.
|01/08/2020 - 23:37||
World Bank Prices a Euro 3 Billion 7-year Benchmark Bond
Washington, DC, January 9, 2020 – The World Bank (IBRD, Aaa/AAA) today priced a 7-year EUR 3 billion benchmark bond. This matches the size of the largest World Bank transaction in the Euro market, a 10-year World Bank benchmark issued in 2009.
|01/08/2020 - 21:53||
Major Boost for Disaster Risk Management in Vanuatu
US$10 million World Bank support to help Vanuatu improve resilience, and respond in the event of a major emergency.
|01/08/2020 - 10:45||
2020 CES: How Intel AI Helps the Red Cross Generate Open Source Maps for Disaster Relief
Maps are essential tools for the disaster relief worker — for making response plans, for estimating the number of people who might need help and, of course, for navigation. Today, aid workers rely on open source digital maps — particularly in lower-income countries — built and enhanced by thousands of volunteers, and most recently, by Intel artificial intelligence (AI) technology.
|01/08/2020 - 09:31||
India UAV Drone Market Highly Dependent on the Agriculture and Infrastructure Industries for Its Growth
The India UAV Drone Market size in 2018 has been evaluated at $564.8 million. The market will further grow at an outstanding rate of 19.9% during the forecast period 2019-2025.
|01/08/2020 - 03:39||
IMF Executive Board Completes First Review Under Mali's Extended Credit Facility Arrangement and Approves US$27.63 Million Disbursement
The Extended Credit Facility (ECF)-supported program aims to maintain macroeconomic stability and to foster higher, more inclusive, and durable growth. Growth is expected to stabilize at 5 percent over the medium-term, but downside risks are high, given the security challenges the country is facing. This review enables Mali to draw the equivalent of about SDR 20 million, (about US 27.63 million), bringing total disbursements under the arrangement to SDR 40 million (about US $ 55.26 million).
|01/07/2020 - 22:35||
World Bank Prices New USD 3.5 Billion 5-year Benchmark
Washington, D.C., January 8, 2020 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a new USD 3.5 billion 5-year global benchmark bond that matures on January 15, 2025.