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WASHINGTON, March 22, 2023 – The World Bank Group Board of Executive Directors yesterday approved a new Country Partnership Framework (CPF) for Egypt, laying out the World Bank Group’s strategy in the country for FY2023–2027. The new CPF aligns with the Government of Egypt’s Sustainable Development Strategy (SDS), “Egypt Vision 2030,” and the National Climate Change Strategy (NCCS ...

Marina Wes, World Bank Country Director for Egypt, Yemen and Djibouti gives an overview of the World Bank Group’s new Country Partnership Framework (CPF) with Egypt. Over the period of FY 2023-2027, the CPF will support the transformation of Egypt’s growth model toward greater inclusion and sustainability by fostering private investment, human development, and resilience.

Distinguished participants, ladies, and gentlemen. Thank you for joining the “International Symposium on Recovery and Growth” organized by the World Bank through the Tokyo Development Learning Center – or TDLC – and the City of Hiroshima. My thanks to Prime Minister Kishida for his welcoming remarks, as well as to the Parliamentary Vice Minister of Finance, Governor of Hiroshima ...

7. Political empowerment has improved in the region, apparently more than doubling the rate in 2006, according to the WEF Gender Gap Report, but it is still very low. Globally, the average percentage of women in parliament is 25%, but across the Arab world as a whole, women only hold 7% of parliamentary seats. 8.

This contributed to the outbreak of conflict in Syria, following President Bashir al Assad use of his armed forces against them. A similar situation occurred with respect to the conflict in Darfur, in western Sudan, where rainfall had declined by 30% and agricultural production had fallen by 70%, while the average annual temperature rose by 1.5 ...

Promote an enabling environment for quality learning by all, for all, and at all levels. WASHINGTON, March 17, 2023 — The World Bank approved US$250 million in additional financing for the Education Support Program in Morocco, adding to the initial US$500 million Program approved in 2019. This financing is intended to support the Government ...

History repeats, history rhymes and sometimes history regresses. Wandering through cities and fields in the Middle East and North Africa a thousand years ago, you would have been struck by the security of water supplies, the irrigation enabling highly productive farms and governance structure in place to allocate and value water in a sustainable way, supporting a flourishing civilization.

It is time to act—now. The World Bank just released its biennial Poverty and Shared Prosperity report, which provides the most comprehensive picture possible of poverty around the world. The report will be at the center of the World Bank’s discussions during this year’s End Poverty Day events on October 17. The report paints a bleak picture.

Improving public transport systems is an important and necessary step for increasing women’s participation in the workforce – but alone, it is not sufficient. Countries must also look at unblocking the constraints that women face with work environments, society, and households. The private sector can play a role and tap into MENA’s ...

MENA is a disparate region, in which some countries, riding on a windfall of resources, are allocating important funding for education. Others, due to a number of factors including unrest and instability, are lagging far behind, resulting in a regional average of education spending is 3.8% of GDP, which is under the global average of 4.5%.