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Posts Tagged ‘World Bank’

World Bank’s projects to enhance Bangladeshi financial institutions

Reuters photo   By Sheuli Akter Due to limited capacity and market constraints, Bangladesh’s local financial institutions traditionally could not meet the longer-term financing demand for infrastructure investments in the country.

World Bank joins Bangladesh to empower poor mothers and improve child nutrition

UN photo   By Sheuli Akter The government of Bangladesh and the World Bank have launched a cash benefits program for 600,000 of the country’s poorest mothers and pregnant women in exchange for their participation in activities to improve their children’s nutrition and cognitive development.

Bangladesh receives $360 million World Bank financing to improve waterway connectivity

Erik Nora   By Sheuli Akter To help the poor population living in remote areas, Bangladesh has launched a project to construct 14 landing stations in shoals, where often waterways are the only mode of transportation.

World Bank Pledges $2 Billion to Bangladesh for Climate Smart Growth

Conor Ashleigh   By Sheuli Akter World Bank Group President Jim Yong Kim, concluding a two-day trip to Bangladesh, has focused on the country’s successes in reducing extreme poverty, pledging $2 billion over the next three years in new funding to help the country become less vulnerable to climate change.

World Bank to Increase Support to End Stunting in Bangladesh

Don McPhee   By Sheuli Akter   President Kim announces financing to help increase commitments up to $1 billion

Will Corporations Pay Damages for Climate Change?

AP photo   By Zeeshan A. Shah   Fossil Fuels are Killers. Over 63 % of the world’s emissions have happened because of 5 major corporations, Chevron, ExxonMobil, BP, and Shell.   The result is the Climate Change we feel today. This change is not based on fallacy and rhetoric but is the major cause […]

CPEC: Centre of the World

By Sabena Siddiqi The China Pakistan Economic Corridor runs through one of the most important and central geo-strategic locations in South Asia.

World Bank increases support for health sector in Bangladesh

Munir Uz Zaman/AFP   By Sheuli Akter Bangladesh has reduced under-five child mortality by 29 percent between 2007 and 2014, and during the same period, births attended by medically trained professionals increased from 21 percent to 42 percent. Despite such remarkable progress made over the last decade, the country needs to go an extra mile.

Solar home systems lighting rural Bangladesh

By Sheuli Akter Millions of Bangladeshis still have no access to electricity because grid electricity is not economically viable in the places they live.

DRC seek up to $500 million in support from World Bank

Lynsey Addario   By Darell Maurice The Democratic Republic of Congo will seek between $250 million and $500 million in budgetary support from the World Bank this year, pending a review of its economy by the International Monetary Fund next month, the government on Tuesday stated.

Inside the Mind of Vladimir Putin

Michael Klimentyev / Sputnik   By Cynthia M. Lardner   Introduction   The Russian Federation, when examined as the antagonist, views itself as having been left disconnected from post-World War Two Europe. Russia believes itself to be irrevocably tied to Europe dating back to the Byzantine Era. When the Cold War ended Russia expected to […]

African countries to accelerate progress on Great Green Wall

By Alpha Jallow Ministers from African countries North and South of the Sahara and their development partners are meeting in Dakar, Senegal, at a High-Level conference organized by the African Union to accelerate progress on the Great Green Wall – Africa’s largest rural development initiative.

Questioning the intelligent use of foreign aid: Diplomacy all the way

By Anant Mishra Introduction Not long ago, Secretary General Ban Ki-moon, on the occasion of International Migrants Day said: “Migration is an expression of the human aspiration for dignity, safety and a better future.”

Bangladesh receives grant to help 19.5 million children complete primary schooling

By Sheuli Akter The Bangladeshi Government has signed an agreement with the World Bank for a 100 million U.S. dollar grant from the Global Partnership for Education (GPE) for the ongoing Third Primary Education Development Program (PEDP3).

World Bank to finance network expansion of Bangladesh’s third largest mobile company

By Sheuli Akter The International Finance Corporation (IFC), a member of the World Bank Group, will provide financing to help Robi Axiata Limited (Robi) to expand its telecom network and build new telecommunication infrastructure networks.

Africa, a continent already seeing the effects of climate change

By Adisa Amanor Wilks In some sense Africa is already experiencing a change in climate. From an increasingly erratic and unpredictable weather pattern in recent times, to recent floods in Burkina Faso and a prolonged drought in Ethiopia, all can be attributed to a change in climatic conditions, and pose significant threats to food security […]

World Bank: Bangladesh needs to create 21 million jobs in next 10 years

By Sheuli Akter World Bank Senior Vice President and Chief Economist Kaushik Basu said creating more higher-skilled jobs was a top priority for Bangladesh and commended the country’s remarkable development progress while earlier meeting the Prime Minister.

The World Bank, Climate Change and Africa

By Adisa Amanor Wilks By 2080, due to climate change, it is likely that 75% of the African population will be at risk of hunger, according to the United Nations’ Food and Agriculture Organisation.

Bangladesh capital needs climate-smart policies, investments to scale up resilience to floods

By Sheuli Akter Greater Dhaka, the capital city of Bangladesh, needs climate-smart policies and higher investment to improve its resilience to intense rainfall and prepare for climate change, says a new World Bank book ‘Urban Flooding of Greater Dhaka in a Changing Climate: Building Local Resilience to Disaster Risk’, and a new report ‘Climate and […]

We Need The Animals

By Houmi Ahamed-Mikidache   “We do have one Hippo. That is Sebastien. And he is now part of the staff.” 

Empowering women can be the best solution to Nepal’s ongoing problems

By Tim I Gurung Despite being blessed with an abundance of natural resources, Nepal is still one of the poorest countries in the world and the possibility of improving its position for now is almost zero.

Inga dams: DRC and South Africa hope to speed up project

By Darell Maurice The Democratic Republic of Congo and South Africa have reaffirmed their commitment to accelerate the planned extension of the hydroelectric Inga dams on the Congo River that could provide power to the whole of Africa.

INGOs: Enemies in Disguise

  By Sabena Siddiqi ‘Save the Children’ is an international NGO working in Pakistan since 1979, purportedly assisting children and families in the aftermath of emergencies such as floods, etc. Last week, the Government of Pakistan announced closure of the organisation’s offices throughout the country for its activities against the State of Pakistan.

The Revolution of 17th May 1997: The Democratic Republic of the Congo is reborn

  By Sylvain Muyali The 17th of May 1997 is a special date for Congolese citizens as it was on this day that Laurent Kabila overthrew Mobutu Sese Seko to become President and reclaim the name of their nation from Zaire to the Democratic Republic of the Congo.

Hard Truth with Anant Mishra: Rolling the Dice: India’s hampered Economic Policies and Reforms

  By Anant Mishra History Since its independence from the British Raj in 1947, India has followed (and is still following) extremely polarized economic policies and reforms.

Hard Truth with Anant Mishra: Efforts to Consolidate Peace in War torn Africa

  By Anant Mishra Introduction “In the moment of crisis, the wise build bridges and the foolish build dams” – African Proverb.

The World Bank publishes its report on the economic situation in the DRC

  By Sylvain Muyali Following publication of the first edition in December 2013, the World Bank announces the second edition of its report monitoring the economic and financial situation of the Democratic Republic of the Congo.

The Role of Economic Policy in the Prevention of Conflict

  By Anant Mishra “If poverty and economic instability are so often the root causes of war, then getting the economics right is key to sustainable peace and preventing countries from falling back into conflict.  Effective governing institutions are also critical to building a lasting peace. ” – Marek Belka, former UNECE Executive Secretary.

Elections: A Democratic Necessity and Aid

  By Anant Mishra According to Robert Dahl, noted political theorist, legitimate elections are one of the seven pillars of a functioning democracy. In order to be deemed a democratic country, a state must satisfy the requirement of having free, fair, and frequent election.

CONSTRUCTION OF THE ASIAN BANK IN CHINA IS A THREAT FOR HEGEMONIC POWERS

  By Muhammad Waqas Awan China has inaugurated the new Asian Bank with an investment of 50 billion dollars. Almost 50 countries have signed the Memorandum of Understanding (MoU) with the aim of boosting infrastructure investment.