World Bank, participants from 21 countries visit Gujarat’s education review center

A team led by Luis Benveniste, Global Director of Education, visited the Vidya Samiksha Kendra in Gujarat’s Gandhinagar along with participants from Mali, Guinea, Mauritania, Burkina Faso, Togo, Central African Republic, Benin, Liberia, Sierra Leone. About 65 people, including education ministers and dignitaries from Lyon, Nigeria, Cameroon, Mongolia, and Ghana […]

Afghanistan facing catastrophic food crisis: World Bank

 Afghanistan is among one of the seven countries which face a catastrophic level of food crisis, the World Bank highlighted in its report, Khaama Press reported. According to the report, the seven food crisis-hit countries include Afghanistan, Burkina Faso, Haiti, Nigeria, Somalia, South Sudan, and Yemen. The number of people experiencing food crises in these countries […]

World Bank puts on hold four projects in Afghanistan worth USD 600 mn over ban on girls attending school

The World Bank has announced that they have put on hold four projects in Afghanistan worth USD 600 million following the Taliban’s decision to ban girls from attending school above the sixth grade in the country. The projects that were funded by Afghanistan Reconstruction Trust Fund (ARTF) concentrated on agriculture, education, health, and livelihood, […]

World Bank approves plan to use USD 1 bn frozen Afghan funds for education, health

The World Bank on Tuesday approved a plan to use USD 1 billion frozen Afghan funds for aid urgently needed for education, agriculture, health and family programmes. The executive board of the World Bank plan will bypass sanctioned Taliban authorities by disbursing the money through UN agencies and international aid groups, reported Tolo News. It will provide a major boost to efforts to […]

IMF board seeks more details on probe into World Bank report on China

The International Monetary Fund (IMF) will request additional details of the ongoing probe into the activities of the organization’s Managing Director Kristalina Georgieva when she was the World Bank’s CEO. “The Executive Board remains committed to a thorough, objective, and timely review. While the Board has made significant progress in its assessmnt, it agreed at today’s […]

World Bank approves 130 million USD to help Kenya fight Covid-19

The World Bank said it has approved 14 billion shillings (about 130 million U.S. dollars) additional financing to help Kenya facilitate affordable and equitable access to COVID-19 vaccines. The lender said in a statement released on Monday that the financing will enable Kenya to procure more vaccines through the African Vaccine Acquisition Task Team (AVATT) initiative and the COVID-19 Vaccines […]