World bank
World Bank creates fund to better prevent, respond to pandemics
The fund will support prevention, preparedness and response (PPR), with a focus on low- and middle-income countries, the bank said in a statement.
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World Bank lends Tunisia $130 million for food security
Tunisia was already dealing with heavy public debt, a low credit rating and steep inflation before the Ukraine war, and has been left reeling by Russia's military blockade of Ukrainian ports on the Black Sea.
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World Bank loan will be used to pay for COVID vaccines - Health Dept
The World Bank has approved a R7.6 billion loan for South Africa's COVID-19 emergency response project.
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World Bank slashes 2022 global growth forecast to 2.9%
The slump comes after growth recovered to 5.7% in 2021 following the downturn caused by the COVID-19 pandemic.
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World Bank to provide additional $12 bn to address global food crisis
The World Bank on Wednesday announced an additional $12 billion in funding for projects to address the global food security crisis, bringing the total to $30 billion.
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Godongwana criticises G20’s slow progress in aiding developing countries
The complaint was registered with the World Bank and the International Monetary Fund during the spring meetings that he attended with a South African delegation last week.
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'Not surprising': Labour unions not shocked by high inequality in SA
South Africa was top of the list of 164 countries in the World Bank’s global poverty database followed by Namibia.
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South Africa remains the most unequal country in the world: World Bank
South Africa is the most unequal country in the world, with race playing a determining factor in a society where 10% of the population owns more than 80% of the wealth, a World Bank report said Wednesday.
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SA should return loans from IMF and World Bank, say some MPs
In January, R11 billion was secured to help the country deal with the COVID-19 pandemic.
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Godongwana says no specific conditions attached to R11bn World Bank loan
Treasury explained that the money comes from the World Bank's development policy loan product and that the country, by its response to COVID-19 and social-economic programmes, qualified for it.
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Godongwana expected to provide clarity to MPs on SA's R11.4bn World Bank loan
The Standing Committee on Finance wants to hear from Finance Minister Enoch Godongwana on how the funds will be spent and paid back.
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EFF's Dlamini says R11.5 billion World Bank loan threatens SA’s sovereignty
The EFF has demanded an urgent meeting over the approval of a R11.5 billion loan from the World Bank.
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SA secures $750m World Bank loan to help with COVID response
Treasury said that the loan would address the financing gap stemming from additional spending in response to the pandemic.
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Slow steps for Palestinian economic recovery: World Bank
The Palestinian Territories' economy is showing "signs of recovery" but still faces serious challenges including "very high unemployment and deteriorating social conditions" in Gaza, the World Bank said.
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Georgieva keeps IMF helm despite scandal
Kristalina Georgieva's role at the institution was called into question after the 16 September publication of the findings of an investigation carried out at the request of the ethics committee of the World Bank, where Georgieva had previously held a senior role.
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World Bank chief calls for 'comprehensive' debt relief for poor countries
World Bank data released on Monday showed the deterioration in debt indicators was widespread and impacted countries in all regions, across all low- and middle-income countries.
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IMF says still no decision on whether Georgieva keeps her job
An investigation by a law firm has concluded that Georgieva manipulated data in favour of China while in a senior role at the World Bank.
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Climate change could force 216 million from their homes: World Bank
The estimate from the Washington-based development lender released Monday updates a 2018 report with new figures from Eastern Europe and Central Asia, North Africa and East Asia and the Pacific to provide a more complete overview of the potential toll from rising global temperatures.
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World Bank: SA’s AG is one of two globally enjoying high independence
In its recent Supreme Audit Institutions Independence Index, the World Bank has found that the institution actively works towards promoting good governance, transparency, and accountability.
