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World Bank - Latest News [Page 1]
New World Bank Research Outlines Adaptation Pathways For Pacific Atoll Countries
Thursday, 14 November 2024, 6:13 pm | World Bank
Country Climate and Development Report for Tuvalu, Marshall Islands, and Kiribati highlights urgent need for action in face of rising seas More >>
World Bank Grant To Tonga To Address Non-Communicable Diseases And Strengthen Health Services
Thursday, 7 November 2024, 6:41 pm | World Bank
The project aims to develop an innovative system for preventing, detecting, and managing non-communicable diseases that can potentially serve as a model in the Pacific. More >>
Improved Connections & Disaster Response To Benefit Samoans Through New Digital Transformation Initiative
Monday, 4 November 2024, 9:03 am | World Bank
Approved by the World Bank’s Board of Directors, the project aims to accelerate Samoa's digital transformation, by increasing resilient and inclusive access to more affordable broadband Internet and enhancing the government’s capacity to deliver More >>
Samoans Set To Benefit From Improved National Payments Systems And First-Ever National Digital Identification System
Monday, 28 October 2024, 3:34 pm | World Bank
The project will make it easier and less expensive for 8,500 people and businesses to use financial services—including the sending and receiving of remittances - and allow 100,000 people to verify their identification digitally during the life ... More >>
Greater Investment Critical For The Pacific’s Economic Future As Growth Slows: World Bank
Tuesday, 15 October 2024, 1:22 pm | World Bank
The report highlights that growth across the Pacific has fallen to 3.6 percent in 2024, down from 5.8 percent in 2023 as the post-pandemic rebound fades. Growth is settling into a slower pace, signaling a weaker outlook compared to past performance. More >>
World Bank Highlights Urgent Need For Economic Reform In Solomon Islands To Drive New Sources Of Growth
Sunday, 29 September 2024, 7:38 am | World Bank
Research shows reform could drive country to upper-middle income status by 2040 More >>
Pacific Island Leaders Call For Bold Action To Replenish IDA
Monday, 16 September 2024, 2:19 am | World Bank
Pacific Island leaders demand a robust replenishment of the World Bank's IDA21 to support development and climate resilience amid global economic challenges. More >>
Major Boost For Resilience And Private Sector Growth In Fiji
Thursday, 27 June 2024, 4:49 am | World Bank
A new package of World Bank support to Fiji, approved last week, will see a major boost for the country’s fiscal, climate and disaster resilience, as well as efforts to support private sector development. More >>
East Asia And Pacific To Sustain Growth Amid Global Headwinds
Wednesday, 3 April 2024, 8:43 am | World Bank
Addressing firm productivity slowdown key to long-term growth WASHINGTON, March 31, 2024 —Developing East Asia and Pacific is growing faster than the rest of the world but slower than it was before the pandemic, the World Bank said on Sunday in ... More >>
World Bank Boosts Support For Tonga To Build Resilience, Strengthen Disaster Preparedness
Monday, 22 January 2024, 11:57 am | World Bank
WASHINGTON, January 21, 2024 – The Kingdom of Tonga, one of the world’s most exposed countries to climate change and natural disasters, will receive a US$25 million (TOP$58.7 million) World Bank grant to strengthen financial and debt sustainability ... More >>
World Bank Boost For Kiribati’s Economic And Climate-resilience
Friday, 1 December 2023, 1:50 pm | World Bank
Conserving the ocean and the land, preparing for disasters, and strengthening the management of public funds in Kiribati More >>
World Bank Provides US$11.5 Million Grant to Boost Tuvalu’s Climate and Disaster Resilience, Preparedness, and Response
Wednesday, 27 September 2023, 8:31 pm | World Bank
WASHINGTON, September 26, 2023 – The World Bank’s Board of Executive Directors recently approved US$11.5 million (AUD$18 million) in new grant financing to Tuvalu. The Tuvalu First Climate and Disaster Resilience Development Policy Financing with ... More >>
New World Bank Regional Hub Signals Growing Commitment To The North Pacific
Thursday, 30 March 2023, 8:26 pm | World Bank
The World Bank has officially opened a permanent office in Pohnpei in the Federated States of Micronesia, following several years of an expanding presence and portfolio across the North Pacific. The new regional hub will play a vital role in delivering ... More >>
As Growth Returns To The Pacific, Debt And Inflation Remain Concerns
Tuesday, 28 February 2023, 1:59 pm | World Bank
SUVA, February 28, 2023 – After nearly three years of economic contraction, Pacific economies can anticipate a return to growth this calendar year despite ongoing challenges, according to the World Bank. While the recovery is expected to continue, fiscal balances, ... More >>
US$19 Million For Safer Schools And Improved Emergency Early Warning Systems In Tonga
Sunday, 3 July 2022, 5:07 pm | World Bank
The World Bank’s Board of Executive Directors has approved US$19.5 million (approximately TOP46 million) in additional funding for disaster recovery and resilience projects in Tonga. This includes work to bolster Tonga’s ongoing recovery from January’s ... More >>
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 >>
