Category : Economy

Brazil’s economy recovered relatively quickly from the global economic crisis, but damaging effects lingered. In the state of Rio de Janeiro, revenue collection deteriorated while expenditures on infrastructure increased, limiting the state’s ability 30th July In the wake of the 2008 worldwide financial collapse, the state Government of Rio de Janeiro strengthened its policies to...

In the early 2000s, the competitiveness of the Mexican economy was declining. On the World Economic Forum’s Global Competitiveness Index, Mexico slid from 34 in 1998 to 48 in 2004 (out of 104 countries). 30th July The project helped finance and better target scholarships to economically and socially disadvantaged tertiary education students in Mexico. It...

Confronted by the problems created by the crisis, the Colombian government sought a loan from the World Bank to help buttress financial stability and continue developing capital markets. 30th july Policy actions supported by this operation contributed to mitigating the impact of the 2008 global financial crisis in Colombia. Banking sector capitalization and liquidity improved...

Jordan has welcomed hundreds of thousands of refugees fleeing the conflict in Syria, but the sudden increase in population has put immense pressure on both its economy and its citizens. 30th July Jordan has welcomed hundreds of thousands of refugees fleeing the conflict in Syria, but the sudden increase in population has put immense pressure...

Since the very first Bank-financed project in Laos in 1977, the Bank has provided more than a billion dollars in interest free loans and grants. The unifying theme of our engagement has been to deal with difficult development issues together. 30th July The World Bank Group and the Lao PDR have forged a constructive partnership for...

Creating China’s National Trunk Highway System has been an outstanding national achievement. Launched in 1990, the program to build the NTHS has delivered an Expressway network of nearly 85,000 km, Class-I highway of 68,000 km. 30th July China is a global leader in building a modern, high-standard national road network to promote economic development, regional...

But poverty reduction and climate change are linked. We have powerful new evidence that even if climate change falls short of the much-discussed 4°C warmer world, we could witness the rolling back of decades of development . 30th July Over the last 20 years, the World Bank Group has helped countries lift 663 million people...

Pinpointing practical and sustainable solutions to stimulate growth in Caribbean has been the focus of a year-long, region-wide initiative, The region has been hit hard by recent global economic crises due to a focus on traditional markets such as US 29th july The Caribbean needs to improve skills training, revitalize investments and increase connectivity (both...

The World Bank and the Government of Peru sign an agreement to strengthen a basic education project.The project will enable education to be evaluated properly throughout the country. 29th july In school 40374 Elias Caceres Lozada, in rural Arequipa, 470 miles south of Lima, classrooms are full to capacity –a proud achievement for this rural...

Vietnam remains one of the most popular destinations for expansion within the ASEAN region according to ASEAN Business Outlook Survey by AmCham and Singapore Business Federation. 29th July , 2013 ACHIEVEMENTS Relatively stable macroeconomic conditions – Moderate inflation: 6.7% in June 2013. – Stable exchange rate—Dong depreciated by 1.6% percent in the past 12 months (average exchange...