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All publications by tag «WBG»

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2019, August, 2, 11:20:00
WBG FOR UZBEKISTAN: $4 BLN
The World Bank has rapidly scaled up its support to Uzbekistan since the start of the country’s social and economic transformation in 2017. The World Bank program in Uzbekistan is among its largest in the Europe and Central Asia region, with 22 projects totaling $4.08 billion. The program is focusing on economic and institutional reforms, agriculture, health, education, water supply and sanitation, energy, transport, social protection system, and urban development.
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2019, February, 11, 10:05:00
UKRAINE'S DEBT: + $5.5 BLN
WBG - The report argues that reforms in three areas, in particular, are needed to reignite productivity growth: 1) creating supportive conditions for private sector development by adjusting the role of the state; 2) addressing corporate debt overhang by strengthening the legal framework, strengthening the financial system, and shoring-up the fiscal position of the government; and 3) strengthening Ukraine’s markets by lifting the moratorium on agriculture land sales and increasing incentives to accumulate savings and human capital.
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2019, January, 9, 10:55:00
GLOBAL ECONOMIC GROWTH 2.9%
WBG - Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank said on Tuesday. International trade and manufacturing activity have softened, trade tensions remain elevated, and some large emerging markets have experienced substantial financial market pressures.
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2018, December, 7, 08:10:00
WBG GREEN INVESTMENT $200 BLN
WBG - “There are literally trillions of dollars of opportunities for the private sector to invest in projects that will help save the planet,” said IFC CEO Philippe Le Houérou. “Our job is to go out and proactively find those opportunities, use our de-risking tools, and crowd in private sector investment. We will do much more in helping finance renewable energy, green buildings, climate-smart agribusiness, urban transportation, water, and urban waste management.”
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2018, October, 15, 12:25:00
BAD BOYS: IMF & WBG
U.S. DT - On the borrower side, the IMF and World Bank should make efforts to obtain a comprehensive picture of members’ debt positions in both its bilateral surveillance and as part of its lending programs, with the goal of improving debt sustainability.
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2018, October, 1, 11:05:00
WBG RENEWABLE INVESTMENT: $5 BLN
WBG - The $1 billion in World Bank Group financing is expected to mobilize another $4 billion in concessional climate financing and public and private investments. The program aims to finance 17.5 gigawatt hours (GWh) of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries.
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2018, June, 8, 13:25:00
WBG: GLOBAL ECONOMY UP 3.1%
WBG: Despite recent softening, global economic growth will remain robust at 3.1 percent in 2018 before slowing gradually over the next two years, as advanced-economy growth decelerates and the recovery in major commodity-exporting emerging market and developing economies levels off
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2018, May, 7, 08:25:00
WBG WANTS NIGERIA
WBG - For Nigeria to tap its spatial drivers of development, policymakers may want to focus on investments that reinforce clusters and economies of scale; optimize the connectivity between rural areas and the major urban markets; and address structural and land management issues in major urban nodes and along major growth corridors to remove or alleviate barriers that undermine the growth potential.
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2018, January, 15, 10:15:00
WBG: GLOBAL ECONOMIC GROWTH 3.1%
WBG - The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues, and as commodity-exporting developing economies benefit from firming commodity prices.
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2017, December, 13, 12:15:00
WBG: NO OIL&GAS FINANCE
WBG - The World Bank Group will no longer finance upstream oil and gas, after 2019.