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The World Bank is a global development institution that works to reduce poverty and increase shared prosperity around the world. The World Bank provides news, articles, and videos about its work, projects, and global initiatives. News: The World Bank regularly provides news about its initiatives, projects, and progress in reducing global poverty and increasing shared prosperity. The World Bank news page is updated on a regular basis with the most recent stories and announcements. Articles: The World Bank publishes a range of articles on a variety of topics related to global development and poverty reduction. These articles are written by World Bank experts and provide an in-depth look at a range of issues related to the organization’s work. Videos: The World Bank produces a range of videos which provide an insight into the organization’s work around the world. These videos cover topics such as poverty reduction, education, healthcare, and economic growth.
THE World Bank has approved a $67.34-million loan to fund the digitalization of the Philippine civil service, citing the need to increase transparency and better forecasting of salary expenses. The Philippine Civil Service Modernization Project will support the establishment of a Human Resources Management Information System (HRMIS) and payroll system, it said in a statement […]
According to the World Bank documents the project became effective on January 22 this year and the first disbursement of USD 205 million for program advance was done last month. Get more India News and Business News on Zee Business.
The World Bank is poised to announce a $12 billion financing package for Argentina on Friday, supplementing the International Monetary Fund's expected approval of a $20 billion Argentina loan deal, a source with knowledge of the plan said. The Inter-American Development Bank also is expected to announce its own Argentina financing package, a second source said after Argentina's central bank announced on Friday that it will ease its foreign exchange market controls, allowing the peso to freely fluctuate within a moving band of between 1,000 and 1,400 pesos per dollar. The move to tear down Argentina's strict capital controls was seen as prerequisites to unlocking new financing from the institutions, which are expected to be announced together with the IMF approval.