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World Bank - Latest News [Page 2]
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 >>
New Digital Project To Connect Federated States Of MicronesiaTo Global Economic Opportunities
Saturday, 28 March 2020, 6:10 pm | World Bank
WASHINGTON, D.C., March 27, 2020 – The World Bank’s Board of Executive Directors today approved a US$30.8 million grant to improve the digital connectivity of the Federated States of Micronesia (FSM). The Digital Federated States of Micronesia ... More >>
World Bank Emergency Support for Tuvalu
Wednesday, 5 February 2020, 4:32 pm | World Bank
SYDNEY, February 5, 2020 – The World Bank has provided US$6.2 million to support Tuvalu’s recovery from Tropical Cyclone Tino, which hit the Pacific island nation in January. More >>
Major Boost for Disaster Risk Management in Vanuatu
Thursday, 9 January 2020, 1:03 pm | World Bank
US$10 million World Bank support to help Vanuatu improve resilience, and respond in the event of a major emergency More >>
World Bank commits support to fight Samoa measles
Monday, 9 December 2019, 6:37 pm | World Bank
World Bank commits support to fight Samoa measles outbreak US$3.5 million to support measles emergency response, with further $9.3m program to address health system challenges SYDNEY, December 9, 2019 — The World Bank will provide US$3.5 million in funding ... More >>
Fresh Perspectives, Big Ideas: new ‘Future Pasifika’ series
Wednesday, 10 July 2019, 2:05 pm | World Bank
University of the South Pacific and World Bank Group partner for new Pacific dialogue series More >>
