Today’s headline from The World Bank Group
Today’s headline from The World Bank Group
World Bank Eyes Loans To Philippines To Counter Poverty, Corruption
"The World Bank said Friday that it may provide $700 million to $1 billion to the Philippines over the next three years to finance programs on poverty alleviation and good governance. The World Bank, under its new Country Assistance Strategy, will finance both existing and new projects...." [Xinhua/Factiva]
EU Seeks Doubling Of IMF Funds
"EU leaders have agreed to seek a doubling of International Monetary Fund (IMF) resources to enable it to help countries in the global economic downturn, according to a final draft to be presented at an EU summit on Friday....It made no reference to the size of the possible EU contribution to any doubling. EU officials said late on Thursday the bloc would make a contribution of $75 billion, but wanted to consult first with other G20 countries...." [Reuters/Factiva]
Nineteen international donors and funding agencies have signed a new Memorandum of Understanding (MoU) with the Mozambican government that extends their aid for the next five years. The pledges for 2009 budget support amount to $455 million. [Xinhua/Factiva]
By 2012 all Rwandans will have access to clean water, the Minister of State for Energy and Water Albert Butare has pledged. [The New Times (Rwanda)/Factiva]
The daily summary and other news can be found on the World Bank's external website at
www.worldbank.org.
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The essential purpose of identifying ‘headline’ transport indicators is to ensure a balanced view at national, regional and global levels of the key role of transport services in reducing poverty, facilitating growth and contributing to achievement of key development targets. For example, the role of transport is effectively invisible in the Millennium Development Goals – even when these are considered at the second level of 47 Targets.
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The term “World Bank” generally refers to the IBRD and IDA, whereas the World Bank Group is used to refer to the institutions collectively
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