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Kenya Ranked Third Poorest Lower-Middle-Income Country Globally | Jisomee Habari za Udaku, Siasa, Mapenzi na Michezo


Kenya Ranked Third Poorest Lower-Middle-Income Country Globally
Kenya is ranked the third poorest lower-middle-income country globally in a new study released by the World Bank.
The World Bank State of Economic Inclusion Report 2021 has shown that more than forty per cent of Kenyans currently live in extreme poverty.
The level of poverty is approximately 10 times higher than in Pakistan and Egypt which are also categorised as lower-middle income economies.
Zambia is the poorest with 61 per cent of its citizens living in poverty followed by Nigeria at 58 per cent while Côte d’Ivoire is fourth at 30 per cent.
Zimbabwe has a low poverty rate of 23 per cent but has a high poverty headcount at almost 80 per cent of it’s total population. ....

Utz Pape , Gal Ya Rosa , World Bank Senior Economist , Sustainable Development Goals , World Bank , African Community , World Bank State Of Economic Inclusion , World Bank State , Economic Inclusion Report , Equity Global , East Africa , East African Community , Rosa Ree Yawa Gumzo Itazame Hapa , ஊத்ஜு பேப் , கால் யா ரோசா , உலகம் வங்கி மூத்தவர் பொருளாதார நிபுணர் , நிலையான வளர்ச்சி இலக்குகள் , உலகம் வங்கி , உலகம் வங்கி நிலை ஆஃப் பொருளாதார சேர்த்தல் , உலகம் வங்கி நிலை , பொருளாதார சேர்த்தல் அறிக்கை , பங்கு உலகளாவிய ,

Helping Build the State in Somalia: Financing, Financial Management, and Federalism


 
Photo: Hassan Hirsi and Warsame Gure, World Bank
The Recurrent Costs and Reform Financing project has supported day-to-day functioning and financial management systems of key ministries of the federal and subnational governments in Somalia. Specifically, through its three phases, the project has supported the federal dialogue and funded basic services critical for peace building and reconstruction of the fragile state.
Challenge
After more than twenty years of conflict, Somalia is currently on a path of political stabilization and reconstruction.  Important milestones include the adoption of the Provisional Constitution in 2012, peaceful presidential elections in 2012 and 2017, and an agreement on a federal political system, including the establishment of Federal Member States (FMS).  However, numerous challenges prevail, such as weak government capacity, asymmetric federal structures, security concerns, human capital deficits, and low levels of sta ....

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