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Bangladesh Receives $600 Million to Improve Rural Electricity Supply
The Government of Bangladesh today signed a $600 million credit to improve the quality of electricity supply for 25 million people in the rural areas of the eastern part of Bangladesh. The credit for the Rural Electricity Transmission and Distribution Project
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India in a Strong Position to Tap Global Growth
Unlike most developing countries, India’s recent growth has been well below potential, which provides space for economic activity to accelerate without building inflationary pressures. Global Economic Prospects 2014, presented in New Delhi today, says growth in India is projected at 5.5% in
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Measuring Wealth to Track Sustainability
The new edition of the World Bank’s Little Green Data Book, released on World Environment Day 2014, includes a new indicator called change in wealth per capita for more than 200 countries. The World Bank Group has adopted change in
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Central Asian Countries Pledge Action on Climate Change
Central Asia faces climate change related issues such as warmer temperatures, glacier melt, increased variability in water resources, and frequent and costly weather-related hazards. Central Asia climate change forum aims for Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan to work
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Myanmar’s Opportunity to Double Rice Export and Reduce Poverty
New Report Advises Myanmar to Rethink its Rice Export Strategy to Expand Rice Production and Help Farmers Improve their Livelihoods. Myanmar has the potential to more than double its rice exports by diversifying and increasing rice production, opening its rice
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Shift to Solar Power Raises Incomes for Salt-mining Families in India
Example of sustainable energy future moves delegates at UN Forum. Sustainable Energy for All leaders outline financing plan to achieve goals by 2030. “We are on our way to realize ambitious energy agenda,” says World Bank President Jim Yong Kim
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Achieving Growth and Development in Tajikistan
A new Country Partnership Strategy (CPS) for Tajikistan outlines a World Bank Group program of support for the country over the period 2015-2018. The joint World Bank-IFC strategy sets out priority goals in the framework of cooperation between the World
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Marketable Skills Set Young Women on Path to Prosperity in Nepal
Vocational training programs for young women, 16-24, in Nepal are giving them gainful employment, economic independence and bringing trust in their ability to create their own paths in life. Through the programs, women have found jobs in lucrative, non-traditional fields
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China’s Growth Moderates with Continued Economic Transformation
China’s growth will moderate over the medium term as the economy continues to rebalance gradually. Growth is expected to slow to 7.6 percent in 2014, and 7.5 percent in 2015, from 7.7 percent in 2013, according to the World Bank’s China
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World Bank Continues Support to Improve Vietnam’s Competitiveness with US$250 Million Credit
The World Bank’s Board of Executive Directors today approved a US$250 million credit to the Government of Vietnam for the Second Economic Management and Competitiveness development policy operation (EMCC-2) to support the Government’s economic management reforms to enhance the country’s
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