The Sudan crisis that exploded in April is a stark reminder of the far-reaching spillovers of violent conflict in today’s integrated global economy. Beyond the suffering of the Sudanese people, a full-blown conflict would further destabilize the region. Sudan’s neighbors, such as the Central African Republic, Chad, Ethiopia, Libya, and South Sudan, are already facing…
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WASHINGTON D.C., June 18, 2023 — The World Bank has approved US$250 million in financing to improve the efficiency of water services in Jordan through the rehabilitation of water distribution networks, improving energy efficiency and strengthening the drought management system in the Kingdom. Read More
WASHINGTON, D.C., June 8, 2023 – The World Bank’s Board of Executive Directors on May 31 approved $40 million in financing for the Education Quality Improvement Project (EQIP) in Moldova. The project aims to improve the quality of education service delivery in Moldova, with a particular focus on disadvantaged students, including refugees from Ukraine who…
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WASHINGTON, D.C., February 21, 2023 – The Global Concessional Financing Facility (GCFF) announces a major contribution of US$83.36 million from the government of Japan to support the integration of refugees in middle-income countries (MICs). This makes Japan the largest donor to this facility, with a total contribution of US$182.92 million. The World Bank and the…
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