Visiting World Bank Managing Director Ngozi Okonjo-Iweala said in Dhaka on Monday the bank is ready to provide necessary assistance, including financial aid, to Bangladesh for improving the living standard of the country\’s slum dwellers.
\”What I\’ve seen today (is that) the people have no access to necessary health facilities, education and electricity. I\’ve seen a [...]
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The World Bank has approved a loan of $100 million to help improve water supply and wastewater management in a major urban area of Anhui province.
The Bengbu integrated environment improvement project will focus on enhancing water management in the middle and lower reaches of the Huaihe River Basin.
The city of Bengbu – with [...]
The World Bank Board has approved a 50 million-dollar grant to help reopen and maintain 1, 800 km of roads in the Democratic Republic of Congo (DR Congo) as the country recovers from a decade of civil war.
The High Priority Roads Reopening and Maintenance (Pro-Routes) project is \”critical for the physical reunification, for achieving high, [...]
India is the top receiver of migrant remittances in 2007, followed by China and Mexico, said the World Bank\’s new Migration and Remittances Factbook 2008, released Wednesday.
The document also shows that while South-South migration nearly equals South-North migration, rich countries are still the main remittances source, led by the United States.
The top five recipients of [...]
The World Bank will provide 7 billion taka (about 1 million US dollars) for repairing Bangladesh\’ s flood-control dams damaged by cyclone Sidr and 3 billion taka (about 429,000 US dollars) for constructing shelter centers.
Visiting Managing Director of the World Bank Ngozi Okonjo-Iweala disclosed the aid plan while visiting the Sidr-affected Putuakhali district, 160 km [...]
The World Bank has granted 38.4 million US dollars in loans to help northwest China\’s Gansu Province achieve sustainable tourism development, according to the bank.
The money will be used to restore and conserve nine natural and cultural heritage sites along the Gansu section of the Silk Road. It includes a section of the Great [...]
The World Bank Group on Wednesday approved a six million US dollars grant to support Cambodia\’s efforts to implement a national plan to minimize the threats from avian and human influenza, and to prepare its health systems to respond to any possible outbreak in the future.
The grant, provided by the International Development Association (IDA), will [...]
The World Bank said in Washington on Thursday that it will provide extra 1.2 billion dollars in grants and loans to help overcome the global food crisis.
To address immediate and longer-term food challenges, the Bank said it will boost its overall support for global agriculture and food to 6 billion dollars next year, up [...]
The World Bank (WB) cut its forecast for China\’s 2008 economic growth to 9.4 percent in a report released on Tuesday.
In February, it forecast 9.6 percent, down from the 10.8 percent prediction made in mid 2007.
Louis Kuijs, senior economist of the World Bank\’s Beijing office, said the latest adjustment was made purely out of concerns [...]
The World Bank (WB) has approved loans of US$441 million to improve energy efficiency and reduce emissions from power plants in China, the China office of the WB said on Wednesday.
The loans, which account for almost one third of planned loans for China in fiscal 2008, would go to three projects, according to the lender.
The [...]
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