World Bank

The World Bank’s Board of Executive Directors today approved $150 million to enable greater access to higher quality secondary education among Ugandan children in safer and better equipped learning environments that are also supportive of…

The ‘Youth Employment Transformation Initiative’ project was jointly launched today by Honorable Minister of Labor, Employment and Social Security Mr. Rameshwor Raya Yadav and World Bank Country Director for Maldives, Nepal and Sri Lanka,…

Belize will strengthen its response to the economic hardship caused by the COVID-19 pandemic with US$12.4 million from the World Bank. The funds will be used to provide social assistance to poor and vulnerable households impacted by the…

New Delhi: The World Bank and the Government of India today signed a loan agreement to enhance support for the Namami Gange program that seeks to rejuvenate the Ganga River. The Second National Ganga River Basin Project will help stem…

The World Bank and the Government of India today signed the $750 million agreement for the MSME Emergency Response Program to support increased flow of finance into the hands of micro, small, and medium enterprises (MSMEs), severely…

New Delhi: The World Bank has announced the appointment of Ndiamé Diop, a Senegalese national, as its new Country Director for Brunei Darussalam, Malaysia, the Philippines and Thailand, effective July 1, 2020. An economist, Mr. Diop will…

New Delhi: The World Bank Board of Directors approved today a total amount of $425 million in International Development Association (IDA)* financing to support the provision of infrastructure finance in Eastern and Southern Africa. The…

The World Bank’s Board of Executive Directors today approved a $93 million credit from the International Development Association (IDA) for the Cambodia Land Allocation for Social and Economic Development Project III (LASED III). The project…

The World Bank’s Board of Executive Directors today approved a $350 million First Economic Recovery Development Policy Loan (DPL) for Ukraine in support of reforms that are critical to economic recovery and to help mitigate the impact of…

The World Bank’s Board of Executive Directors approved additional grant financing of $50 million from the International Development Association (IDA) for the second phase of the Nurek Hydropower Rehabilitation Project in Tajikistan. The…