Economic Monitoring Report to the Ad Hoc Liaison Committee- November 2021
The report focuses on recent economic developments in the real, fiscal, and banking sectors while providing a near-term outlook that highlights critical challenges facing the Palestinian economy. It also looks at Gaza’s economic performance over the past two decades and the economic and social impact of the 11-day conflict.
The World Bank > All NewsWorld Bank Report: Palestinian Economy Experiences Growth but Prospects Remain Uncertain
The Palestinian economy is showing signs of recovery largely due to improved activity in the West Bank, according to a new World Bank report. However, Gaza still suffers from a particularly difficult economic situation with very high unemployment and deteriorating social conditions. In the current economic context, the outlook is uncertain as sustainable sources of growth remain limited.
The World Bank > All NewsEarly Years Programs: Sowing the Seeds for a Brighter Future
Despite Bangladesh’s tremendous strides in improving maternal and child health, about three in every 10 children under five are still stunted. Stunting is more prevalent in poorer families. The Government of Bangladesh, with support from the World Bank, is providing cash benefits to over 600,000 poor pregnant women and mothers for participating in activities aimed at improving their children's nutrition and cognitive development.
The World Bank > All NewsWorld Bank Vice President Visits Sri Lanka, Reaffirms Support for Investments in People and Resilient Recovery
World Bank Vice President for South Asia, Hartwig Schafer, today concluded a six-day visit to Sri Lanka, reiterating the World Bank’s commitment to support Sri Lanka’s inclusive and resilient recovery from the COVID-19 pandemic and emphasizing the importance of investing in human capital.
The World Bank > All NewsWBG-IMF African Staff Society
The mission of the Society, a staff association and employee resource group, is to facilitate greater awareness, and advance a better understanding of African affairs among the staff of the World Bank Group (WBG) and the International Monetary Fund (IMF).
The World Bank > All NewsInternational organizations, vaccine manufacturers take stock of COVID-19 vaccine rollout, share views for 2022
The heads of the International Monetary Fund, World Bank Group, World Health Organization and World Trade Organization held on 9 November the 2nd High-Level Consultations with the CEOs of leading COVID-19 vaccine manufacturing companies.
The World Bank > All NewsNew World Bank Report Notes Progress but Urges Greater Resilience Efforts for Caribbean Countries to Address Effects of Climate Change and Other Shocks
Strengthening government efficiency, empowering households and businesses, and reducing future risks by improving spatial planning and natural coastal protection are some of the key recommendations to boost the Caribbean’s ability to bounce back from shocks according to a new World Bank flagship report.
The World Bank > All NewsTimor-Leste Public Expenditure Review: Domestic Revenue
Timor-Leste Public Expenditure Review: Domestic Revenue
The World Bank > All NewsConsultations: Ukraine’s Country Partnership Framework for 2022-26
The World Bank Group has started the process of preparing its new Country Partnership Framework with Ukraine for the period 2022-2026. Please send us your comments, questions or suggestions.
The World Bank > All NewsBetter Fiscal Management Can Boost Economic Growth in Timor-Leste
Timor-Leste Public Expenditure Review Urges a Change of Course for Better and more Sustainable Spending
The World Bank > All NewsRecognizing Indigenous Peoples’ Leadership in Climate Action: Land Security and Sustainable Forest Management in the Peruvian Amazon
Indigenous peoples of the Peruvian Amazon led and implemented efforts to achieve full legal recognition of 253 native communities and demarcation and land titling of 58 native communities (approximately 230,000 hectares).
The World Bank > All NewsEnhancing Trade, Competition, and the Acquisition of Human Capital to Boost Productivity in Peru
The government of Peru has delivered a program of development policies aimed at increasing productivity by strengthening the acquisition of human capital, streamlining business regulations, and facilitating trade. Results were achieved by addressing a range of areas, from tax and customs policy reforms to improved business entry and exit procedures to enhanced education policy frameworks.
The World Bank > All News360° Resilience: A Guide to Prepare the Caribbean for a New Generation of Shocks
Strengthening government efficiency, empowering households and businesses, and reducing future risks by improving spatial planning and natural coastal protection are some of the key recommendations to boost the Caribbean’s ability to bounce back from shocks according to a new World Bank flagship report.
The World Bank > All NewsGlobal Facility to Decarbonize Transport (GFDT)
We cannot win the fight against climate change without addressing emissions from the transport sector. That's what motivated the World Bank to launch the Global Facility to Decarbonize Transport (GFDT), a new trust fund that seeks to seeks to accelerate the deployment of low-carbon mobility solutions in developing countries.
The World Bank > All NewsCAF and the World Bank to increase support for climate action and biodiversity to Latin America and the Caribbean
CAF -development bank of Latin America- and the World Bank’s Latin America and the Caribbean Region announced at COP-26 that they will work together to implement climate action plans and strategies, and to protect biodiversity in Latin America and the Caribbean (LAC).
The World Bank > All NewsWorld Bank to Support Shimla Water Supply and Sewerage Services with another $160 million
The World Bank Board of Executive Directors today approved a $160 million program to intensify support for the Government of Himachal Pradesh’s efforts to further improve water supply and sewerage (WSS) services in the iconic hill city of Shimla.
The World Bank > All NewsReadout from World Bank Group President David Malpass’s Phone Call with United Nations Secretary-General António Guterres
WASHINGTON, November 5, 2021—World Bank Group President David Malpass today received a phone call from United Nations Secretary-General António Guterres to discuss follow-up to their COP26 participation. The following is the readout from the discussion:
The World Bank > All NewsHealthy Forests Are Fertile Ground for Carbon Markets
See how forest conservation programs in developing countries are generating funds for local communities.
The World Bank > All NewsIntegrating Transport and Water Investments for Transformative Change in Ecuador: The Manta Experience
Ecuador’s newly integrated water supply and sanitation and transport investments have generated tangible, sustainability-focused public service improvements. Manta’s water supply and sanitation utility reduced non-revenue water by 20 % and extended piped water to more than 6,000 households. The municipality adopted a road management system to proactively guide transport investments and implemented road repairs that reduced travel time and promoted walkability.
The World Bank > All NewsAdvancing Policy Reforms in Peru to Reduce Risk from Natural Hazards
Peru has instituted policy reforms to improve its disaster risk management readiness and practices. The reforms established stronger financial protections, increased public investment in disaster prevention, and targeted interventions for resilient health and water infrastructure, reducing the population’s vulnerability.
The World Bank > All NewsManta, Underground Transformation for the Future
Thanks to a USD $ 100 million loan from the World Bank, Manta embarked on an urban renewal project focused on improving water and sanitation services and roads, with an emphasis on accessibility and mobility.
The World Bank > All NewsSri Lanka’s Journey to Road Safety
Data shows every year 38,000 crashes cause 3,000 deaths and 8,000 injuries in Sri Lanka. Road crash fatalities and injuries could cost countries like Sri Lanka between 3-5% of their GDP annually. The country needs $2 billion additional investment to combat road safety crisis.
The World Bank > All NewsOperationalizing Bolivia’s Climate Resilience through Integrated River Basin Management in Three Subbasins of the Rio Grande
Bolivia improved its development of guidelines, planning instruments, and interoperability protocols and successfully implemented a new integrated river basin management approach in three pilot subbasins of the Rio Grande basin. The improved hydrometeorological forecasting, together with flood management and irrigation infrastructure, now benefit over 6,500 families across the basin, protecting them from droughts and floods.
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