WASHINGTON – The World Bank approved a US$ 90 million loan today for the State of Santa Catarina, in southern Brazil, in support of its Rural Competitiveness Program. The project seeks to increase the capacity of family producer organizations to compete and open markets, contributing to increase incomes and wellbeing in the rural area.
Agriculture has [...]

WASHINGTON, DC – World Bank Group President Robert B. Zoellick told Pakistan Finance Minister Hafeez Shaikh today that the Bank would raise its flood-related support in the current fiscal year to US$1 billion from US$900 million and emphasized the Bank Group’s commitment to help Pakistan recover from the worst floods in its history.
“As the surging [...]

Washington/Beirut – The World Bank Group and the Republic of Lebanon have finalized a Partnership Strategy that enables the client Government to borrow between US$375 million and US$550 million over four years to finance its economic and social developoment program .
The World Bank’s Board of Directors, the institution’s 24-seat governing body, supported the Strategy [...]

BACKGROUND:
The Palestinian Authority (PA) has achieved strong results in recent years, but the resurgence of growth remains dependent on donor assistance.
* in the first half of 2010, the economy saw 7% real growth;
* in the West Bank, unemployment in the fourth quarter of 2009 fell to 18% from 20% in the same quarter [...]

Juba – The visits by World Bank’s Vice President for Africa, Obiageli Ezekwesili, from September 2 to 4 and of Joachim von Amsberg, Vice President for Operational Policies and Country Support, September 5 to 8 respectively, confirm the Bank’s commitment to remain a reliable partner of Southern Sudan.
“Regardless of the outcome, after the [...]

MASERU – A US$20million grant agreement for improving the quality of educational infrastructure and basic education in Lesotho was signed on August 25, signaling a big push by this tiny nation of 1.8 million people toward achieving the Millennium Development Goals (MDG) for Education by 2015.
The grant is financed by the Education for All Fast [...]

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