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World Bank Group Managing Director for Development Policy and Partnerships Mari Pangestu will arrive in Kingston today for a two-day visit. This will be Pangestu’s first trip to Jamaica and the Caribbean region as a World Bank Group Managing Direct
WASHINGTON DC, USA – World Bank Group Managing Director for Development Policy and Partnerships, Mari Pangestu, will arrive in Kingston today, May 4, for a two-day visit. This will be Pangestu’s first.
A delegation from Zambia has held a meeting with World Bank officials on the country's economic reform agenda and proposed debt restructuring, said a statement released by the country's finance ministry Wednesday. The delegation, led by Finance and National Planning Minister Situmbeko Musokotwane, held talks Monday with the World Bank…
Economic inclusion initiatives benefit 92m: WB
WASHINGTON, January 27, 2021 Economic inclusion programs, which help boost income and assets of the world’s poorest, are on the rise in 75 countries, reaching approximately 20 million poor and vulnerable households, and benefitting nearly 92 million individuals. This surge comes at a crucial time, as more than 700 million people around the world face extreme poverty, a number on the rise for the first time in two decades. According to the World Bank’s newly published “State of Economic Inclusion (SEI) Report 2020: The Potential to Scale,” economic inclusion programs usually a combination of cash or in-kind transfers, skills training or coaching, access to finance, and links to market support are fast becoming a critical instrument in many governments’ large-scale anti-poverty strategies. And they are likely to continue, especially in areas affected by conflict, climate change, and shocks, due to the Covid-19 pandemic.