South Asia has experienced a long period of robust economic growth, averaging 6% a year over the past 20 years. This strong growth has translated into declining poverty and impressive improvements in human development. Read More »
The World Bank Group is a key development partner in South Asia, with a portfolio of 215 IDA/IBRD projects and total net commitments of $38.7 billion as of November 2012. The Bank’s strategy for South Asia was updated in February 2013. With a lending program of about $8 billion in fiscal year 2013, the strategy comprises five pillars to support the overarching goal of reducing poverty and boosting shared prosperity.
The World Bank is working with the government of Punjab, Pakistan to improve education through cash stipends, low-cost private schools, and more effective school councils, challenging the perception that government schools are inferior.Read More »