World Bank - Latest News [Page 1]

Additional $20 Million For Disaster Recovery And Economic Reform In Tonga

Thursday, 16 June 2022, 12:28 pm | World Bank

WASHINGTON, June 15 2022 – The World Bank’s Board of Executive Directors has approved US$20 million (approximately TOP46 million) of Supplemental Financing in addition to the US$19 million committed and disbursed this financial year through ... More >>

Healthy, Educated And Ready To The Thrive: A Boost For Early Childhood Development In Marshall Islands

Tuesday, 7 June 2022, 12:46 pm | World Bank

WASHINGTON, June 6, 2022 – Early Childhood Development services are set for a big boost in Marshall Islands, following the World Bank’s approval of a second phase of the Early Childhood Development Project (ECD II). The Republic of the Marshall ... More >>

World Bank Increases Its COVID-19 Assistance To Solomon Islands

Monday, 2 May 2022, 2:30 pm | World Bank

HONIARA, May 2, 2022 – With Solomon Islands’ COVID-19 situation having significantly worsened over the past several months – with over 14,000 confirmed cases and 141 reported deaths – the World Bank has approved an additional US$8 million in emergency ... More >>

Tonga Volcanic Eruption And Tsunami: World Bank Disaster Assessment Report Estimates Damages At US$90M

Monday, 14 February 2022, 6:05 am | World Bank

SUVA, February 14, 2022 — The Tonga Hunga-Tonga-Hunga-Ha’apai volcanic eruption, tsunami and ashfall has caused an estimated US$90.4M (TOP 208 million) in damages – the equivalent of approximately 18.5% of Tonga’s Gross Domestic Product (GDP) ... More >>

World Bank Provides US$8 Million To Support Tonga's Volcano And Tsunami Response

Thursday, 20 January 2022, 7:10 pm | World Bank

The World Bank has disbursed an initial US$8 million in emergency financing to support the Kingdom of Tonga’s response and recovery following the devastating volcanic eruption and tsunami on January 15. The Hunga-Tonga-Hunga-Ha’apai undersea volcano, ... More >>

World Bank Provides US$8 Million To Support Tonga's Volcano And Tsunami Response

Thursday, 20 January 2022, 7:09 pm | World Bank

The World Bank has disbursed an initial US$8 million in emergency financing to support the Kingdom of Tonga’s response and recovery following the devastating volcanic eruption and tsunami on January 15. The Hunga-Tonga-Hunga-Ha’apai undersea volcano, ... More >>

US$53 Million Boost For Education And Transport In Tonga

Saturday, 11 December 2021, 5:10 pm | World Bank

The World Bank’s Board of Executive Directors has approved two new projects totaling US$53 million to boost the climate and disaster resilience of Tongan schools, roads, and ports. The US$38m (approximately TOP 87 million) Tonga Climate Resilient Transport ... More >>

Support For Post-pandemic Recovery, Resilience And Jobs In Tonga

Thursday, 25 November 2021, 12:40 pm | World Bank

The World Bank’s Board of Executive Directors has approved US$19 million in support for Tonga’s ongoing recovery following the impacts of COVID-19. The Kingdom of Tonga is now in an economic recovery phase following the onset of the COVID-19 pandemic ... More >>

Economic Recovery In East Asia And Pacific Faces Setback

Wednesday, 29 September 2021, 6:37 am | World Bank

WASHINGTON, Sept. 27, 2021 —The East Asia and Pacific region’s recovery has been undermined by the spread of the COVID-19 Delta variant, prolonging the distress for firms and households, likely slowing economic growth and increasing inequality, ... More >>

Investing In People And Livelihoods Is Key To Inclusive Growth Across Pacific Islands

Thursday, 23 September 2021, 12:59 pm | World Bank

SYDNEY, September 23, 2021, A new World Bank report on the challenges facing the Pacific region’s outer island communities identifies investment in people and livelihoods as a key for inclusive economic growth. Archipelagic Economies: Spatial Economic ... More >>

Uneven Recovery Drives Growing Inequality Across East Asia And The Pacific

Friday, 26 March 2021, 5:35 pm | World Bank

More than a year into the COVID-19 pandemic, the developing economies of East Asia and the Pacific (EAP) are facing a markedly uneven recovery, according to the World Bank’s latest economic update for the region, released today. Only China and Vietnam ... More >>

Global Economy To Expand By 4% In 2021; Vaccine Deployment And Investment Key To Sustaining The Recovery

Wednesday, 6 January 2021, 4:30 pm | World Bank

The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however, will likely be subdued, unless policy makers move decisively to tame the pandemic and ... More >>

Pandemic Threatens Human Capital Gains Of The Past Decade, New Report Says

Friday, 18 September 2020, 4:05 pm | World Bank

The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds. Investments in human capital—the knowledge, skills, and health that people ... More >>

Over 1,000 Tongan Households Get Boost To Help Keep Students In School

Tuesday, 23 June 2020, 2:31 pm | World Bank

Nuku’alofa, June 23, 2020 – The Government of Tonga and the World Bank have provided conditional cash transfers to 1,162 Tongan households at a project launch in the Tongan capital, Nuku’alofa as part of an effort to address the financial ... More >>

A Boost For Early Learning And Literacy In Tuvalu

Saturday, 6 June 2020, 4:09 pm | World Bank

Students in Tuvalu | Photo Credit: Faitofi Pusineli US$14 million Tuvalu Learning Project to focus on early childhood care and education, improvement of reading skills, and strengthened teacher capacity WASHINGTON DC, June 5, 2020 – The World Bank’s ... More >>

Tonga: US$8.4 Million To Strengthen Resilience And Fight COVID-19

Wednesday, 13 May 2020, 4:53 pm | World Bank

World Bank supporting efforts to strengthen public financial management, disaster resilience, labor, together with COVID-19 response funding The World Bank’s Board of Executive Directors has approved a US$5.5 million operation for Tonga to strengthen ... More >>

New US$15 Million Operation To Build Sustainable Growth In Solomon Islands

Thursday, 7 May 2020, 4:58 pm | World Bank

World Bank assistance supports efforts to improve budget efficiency, fight corruption, and promote private sector growth WASHINGTON D.C., May 6, 2020 – The World Bank’s Board of Executive Directors has approved a US$15 million Development Policy Operation ... More >>

US $4.5 Million Insurance Payout For Tonga To Support Cyclone Harold Response And Recovery

Friday, 1 May 2020, 5:34 pm | World Bank

NUKU’ALOFA, May 1, 2020 – The Government of Tonga can now access an additional US $4.5million (approx. TOP $10.4million) from its disaster insurance cover to support response and recovery efforts following the impact of Category five Tropical Cyclone ... More >>

US$10m Emergency World Bank Funding For Vanuatu

Monday, 27 April 2020, 4:39 pm | World Bank

Emergency funds will bolster the government’s COVID-19 preparedness and mitigation efforts, as well as its capacity to respond to Tropical Cyclone Harold PORT VILA, April 27, 2020 — The World Bank has delivered US$10 million (VUV1.2b) in emergency ... More >>

World Bank Support For Marshall Islands’ COVID-19 Response

Monday, 20 April 2020, 2:17 pm | World Bank

US$2.5m emergency project to focus on prevention and detection of coronavirus and strengthening of the country’s health system MAJURO, April 20, 2020 – The World Bank has approved a US$2.5 million emergency project for the Republic of Marshall ... More >>

 

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL