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The World Bank Group’s Country Partnership Framework with Egypt for FY2023-2027 seeks to create conditions for green, resilient, and inclusive development. It puts the people of Egypt at the center of the strategy in pursuit of three high-level outcomes (HLOs): (1) more and better private sector jobs; (2) enhanced human capital outcomes; and (3) improved resilience to shocks. Governance and ...

World Bank Group President David Malpass today announced the creation of a new Vice Presidency for Ethics and Internal Justice to reinforce the Bank Group’s culture, promote corporate values, and strengthen the institution’s Ethics and Internal Justice function to better serve staff. Malpass announced that Lisa Rosen, currently Chief Compliance Officer for the Bank of England, has been ...

It is my great pleasure to be here at the UN 2023 Water Conference. Water is the lifeblood of society. We need water for a thriving economy that can run farms, businesses, and factories. We need water for sustainable development—to produce food and deliver low-carbon growth. And we need clean water for healthy children and adults to realize ...

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 ...

We have just launched a Regional Gender Action Plan for Western and Central Africa 2023-2027. By putting gender at the nexus of our efforts, we aim to support countries in delivering greater results around four priorities: (1) closing the earnings gap, (2) empowering adolescents and women to reduce fertility rates, (3) reaching gender parity in ...

Beirut, March 20, 2023 – Further to a request by the Ministry of Education and Higher Education, the UK Foreign, Commonwealth and Development Office (FCDO), the World Bank, and UNICEF have agreed to repurpose grant funding to support productivity allowance payments on an exceptional basis for the academic year 2022-2023 to eligible teachers and school personnel suffering from the severe ...

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.

The challenge of water scarcity is closely tied to energy and agriculture, and a broader view is needed to develop policies that address this relationship. A new wastewater plant was recently inaugurated in Gaza that illustrates how water management, energy and agriculture are intertwined. Ongoing instability in Gaza has meant that water and ...

In fact, over the last decade, MENA’s performance across several dimensions of governance has deteriorated. According to the Worldwide Governance Indicators, MENA’s percentile ranking on Government Effectiveness dropped from an already low 50 in 2010 to 42 in 2020. A similar trend was observed in dimensions related to Regulatory Quality ...

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.