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the World Bank Group

World Bank and EU to Help Iraq Strengthen Public Financial Management Oversight & Accountability

3 mins read

The FINANCIAL -- The Government of Iraq, the World Bank Group, and the European Union signed today a grant agreement aimed at strengthening the Government of Iraq’s institutions and mechanisms of fiscal accountability and oversight at federal and sub-national levels.…

Vaccine Only Part of the Cure for Resumption of Pacific Travel: World Bank Report

6 mins read

The FINANCIAL --With COVID-19 vaccine distribution now in its early stages, early steps toward the resumption of labour migration in the Pacific region underway, and hopes for an international travel ‘bubble’ between Australia and New Zealand, questions are now arising as to what additional measures will be needed before international tourism returns to the Pacific…

The World Bank Group Mounts the Fastest and Largest Health Crisis Response in its History to Save Lives from COVID-19

17 mins read

The FINANCIAL -- It’s seven o’clock in the morning in Conakry, the capital of Guinea. Dr. Haba Eveline arrives at the COVID-19 Treatment Center. As soon as she enters, she washes her hands before starting her daily shift. A mother of five, she leads the Risk Management Unit which is now open 24/7. She is one…

IFC and the Hong Kong Monetary Authority announced new alliance to address climate change

3 mins read

The FINANCIAL — IFC, a member of the World Bank Group, has signed a new partnership with the Hong Kong Monetary Authority (HKMA) to encourage commercial banks in Asia to adopt strategies and targets to become greener. The signing of the agreement makes the HKMA the first partner to work with IFC on the initiative.…

First FIN-SMART roundtable on financing sustainable maritime transport

3 mins read

The FINANCIAL — More than 50 senior officials from the financial, public and private sectors participated in the first “Financing Sustainable Maritime Transport (FIN-SMART) Roundtable” today, a high-level virtual forum hosted by the International Maritime Organization (IMO), the European Bank for Reconstruction and Development (EBRD) and the World Bank Group. The FIN-SMART Roundtable is a platform for regular…