News | Publications | Events & Discussions | Regional News
and Projects I Newly Disclosed Documents I Business &
Career Opportunities | On the Blogs I Take a Look | Did You
Know?
* Support for México’s Fight against Influenza Outbreak
* Questions and Answers on Influenza A (H1N1)
* Social Safety Nets: Lessons from Rich and Poor Countries
* Development Marketplace 2009: Climate Adaptation
* Books – Building Citizenship through Social Guarantees
* International Day of Families 2009
* How is the Crisis Affecting Telecom Privatization?
* Blog – Wrapping up the 2009 Spring Meetings
* Briefing – Infrastructure in Africa
NEWS
Support for México’s Fight against Influenza Outbreak
The Bank is assembling money and manpower and drawing from its
vast public health experience to help Mexico combat the spread
of influenza. Bank President Robert Zoellick announced earlier
that the Bank would provide a US$205 million credit for the
Mexican government and send experts to the region in response
to the flu outbreak in Mexico. Bank officials said that US$25
million of an ongoing health project in Mexico will be
immediately re-oriented to provide drugs and equipment to
offset the impact of the disease. An additional US$180 million
from the Global Avian Flu Fund will be devoted to strategic
actions, including prevention facilities to ensure an efficient
response. This new strain of flu -officially named Influenza A
(H1N1)- is suspected to have killed more than 100 people in
Mexico while more than 1,400 infectious cases have been
reported, creating alarm in the international community. Read
more
(“http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:22160262~menuPK:34457~pagePK:34370~piPK:34424~theSitePK:4607,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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Questions and Answers on Influenza A (H1N1)
On April 25, the World Health Organization declared Swine Flu
virus a Public Health Emergency of International Concern. WHO
did not recommend travel or trade restrictions. WHO and the
Global Alert Response Network are sending experts to Mexico to
work with health authorities. On April 30th, WHO said it would
now refer to the virus as influenza A (H1N1). WHO and partners
are investigating reports of suspected cases in other countries
as they occur. The Bank and Mexico Finance Minister Agustin
Carstens announced April 26 the Bank would support Mexico’s
efforts to fight the spread of influenza A (H1N1) with more
than US$205 million in fast-disbursing funds. Two senior Bank
experts, Keith Hansen, Sector Manager for Health in the Latin
America and Caribbean Region, and Julian F. Schweitzer,
Director of the Human Development Network, provide some answers
about the outbreak of the disease. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:22160388~menuPK:34457~pagePK:34370~piPK:34424~theSitePK:4607,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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Social Safety Nets: Lessons from Rich and Poor Countries
As the global recession threatens to hamstring the pace of
poverty reduction everywhere, many countries—both rich and
poor—hope to cushion the blow through a fiscal stimulus. Some
of the questions that governments are trying to grapple with
include the size of such stimulus packages, the types of
spending they should consist of, and the channels through which
they might work most efficiently. Martin Ravallion, Director of
the Bank’s Development Research Group, and an expert on
global poverty, emphasizes that there are many reasons why a
stimulus that favors poorer people is more likely to have a
stronger impact than one that does not. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:22158366~menuPK:34457~pagePK:34370~piPK:34424~theSitePK:4607,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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Development Marketplace 2009: Climate Adaptation
This year’s Development Marketplace competition is looking
for innovative solutions to climate adaptation. Climate change
presents an urgent challenge to the well-being of all
countries, particularly the poorest people. The poor are likely
to suffer the most because of their geographical location, low
incomes, and low institutional capacity, as well as greater
reliance on climate-sensitive sectors like agriculture.
Adaptation to climate change is increasingly important in
developing countries. “The Development Marketplace is an
important opportunity to empower innovators at the local and
community level and to learn from their high quality work,”
says Katherine Sierra, Vice President of Sustainable
Development at the World Bank. “We know that local innovation
and community-based knowledge can provide answers to major
development challenges, including adaptation to climate
change.” Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:22160322~menuPK:34457~pagePK:34370~piPK:34424~theSitePK:4607,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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PUBLICATIONS
Building Citizenship through Social Guarantees
This book examines the validity of a social guarantees approach
as a framework for evaluating, monitoring, and improving the
design of social policy. Social guarantees are defined as sets
of policy mechanisms that determine citizens’ entitlements
related to basic services and ensure their fulfillment on the
part of the state. The social guarantee concept gives
operational expression to fundamental human rights principles
by providing mechanisms for awareness, participation, equity,
and redress in the delivery of social policy. In addition, the
social guarantees approach responds to an emerging global need
for a comprehensive social policy model that can face up to
the challenges of inclusive and sustainable globalization. The
book, subtitled “New Approaches to Social Policy, Equity and
the Realization of Rights” includes analytical case studies
from Africa, and the Latin American and Caribbean region. Read
more
(“http://publications.worldbank.org/ecommerce/catalog/product?item_id=8961851?cid=ISG_E_WBWeeklyUpdate_NL“)
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FOR A FULL LIST of available publications:
http://publications.worldbank.org/ecommerce/
(“http://publications.worldbank.org/ecommerce/“)
EVENTS AND DISCUSSIONS
International Day of Families 2009
May 15 – Global – The International Day of Families is an
occasion to celebrate the importance of families to people,
societies and cultures around the world. The year 1994 was
proclaimed as the International Year of Families by the United
Nations. This was a response to changing social and economic
structures, which have affected and still affect the structure
and stability of family units in many regions of the globe. The
International Day of Families is an occasion to reflect on the
work started during 1994 and to celebrate the importance of
families, people, societies and cultures around the world. It
has been held every year since 1995. The theme for this
year’s observance is “Mothers and Families: Challenges in a
Changing World.” Read more
(“http://www.un.org/esa/socdev/family/IDF.html“) …
REGIONAL NEWS AND PROJECTS
Summary of proposed projects in all regions
(“http://web.worldbank.org/WBSITE/EXTERNAL/PROJECTS/PROCUREMENT/0,,contentMDK:50004501~menuPK:63001537~pagePK:84269~piPK:60001558~theSitePK:84266,00.htm?cid=ISG_E_WBWeeklyUpdate_NL“)
:
April 30 List of Newly Disclosed Documents
(“http://web.worldbank.org/WBSITE/EXTERNAL/PUBLICATION/INFOSHOP1/0,,contentMDK:22163773~pagePK:162350~piPK:165575~theSitePK:225714,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
AFRICA
African Ministers Outline Impact of Crisis on their Countries
Ministers of finance from Africa have called upon international
finance institutions to subject rich countries to the same
rigor of surveillance and conditionalities for preserving
microeconomic stability, which they impose on developing
countries. Speaking during a press conference at the Bank-IMF
Spring Meetings, three ministers decried the set-back Africa
has suffered as a result of the crisis, but reiterated their
countries’ resolve to move past it. The African finance
chiefs chastised international credit rating agencies for
failing to forecast the crisis and challenged international
financial institutions to do a better job of monitoring the
global economy and of holding rich and developing countries
accountable in the same way. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/AFRICAEXT/0,,contentMDK:22159414~menuPK:2246551~pagePK:2865106~piPK:2865128~theSitePK:258644,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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4th Africa Region Education Capacity Development Workshop
The Education for All Fast Track Initiative (EFA-FTI) is a
global partnership between donors and developing countries to
ensure accelerated progress toward the Millennium Development
Goal of achieving universal primary education. As a
contribution to the partnership’s agenda, of which it is a
member, the Bank hosts the 4th Africa Region Education Capacity
Development Workshop ‘Country Leadership and Implementation
for Results in the EFA-FTI Partnership’, in Dakar, Senegal,
May 18-22, 2009, in collaboration with the country’s Ministry
of Education in charge of Pre-School, Primary and Middle
Education. Previous workshops took place in Cape Town, South
Africa, in July 2007; in Tunis, Tunisia, in December 2007; and
in the Mauritius, in December 2008, and gathered each of them
over 80 participants from countries either preparing or
implementing education sector plans within the FTI
framework. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/AFRICAEXT/0,,contentMDK:22161624~menuPK:2246551~pagePK:2865106~piPK:2865128~theSitePK:258644,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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Bank Partners with Angola to Strengthen Health Services
A Municipal Health Service Strengthening Project is being
prepared for Angola based on the lessons learned from the
implementation of the HIV/AIDS Malaria and tuberculosis
(HAMSET) due to end in June 2010. The main objective of the
MHSS project is to improve the population’s access to health
services in five provinces. A Health Care Waste Management Plan
was prepared at the time of the preparation of the HAMSET
project in 2003 to foster a sound management of health care
waste at the national level. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/AFRICAEXT/0,,contentMDK:22161801~menuPK:2246551~pagePK:2865106~piPK:2865128~theSitePK:258644,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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COTE D’IVOIRE – Protected Area Project – US$2.54 million to
improve the sustainable management of the fauna and habitat of
the Comoe National Park. The Comoé National Park is a national
park in North-Eastern Côte d’Ivoire in the Ivoirian Zanzan
region. The park was initially added as a World Heritage Site
due to the diversity of plant life present around the Comoé
River, including pristine patches of tropical rain forest that
are usually only found further south. As a well-eroded plain
between two large rivers, the park is home to soils and a
moisture regime suitable to a richer biodiversity than
surrounding areas. In 2003 due to a lack of proper management,
it was added to the list of World Heritage Sites in Danger due
to poaching and over-grazing. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/AFRICAEXT/0,,contentMDK:22163939~menuPK:2246551~pagePK:2865106~piPK:2865128~theSitePK:258644,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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For more regional information: http://www.worldbank.org/afr
(“http://www.worldbank.org/afr“)
EAST ASIA AND THE PACIFIC
Capacity Building Program Delivers Significant Results to
Timor-Leste’s People
The Bank is committed to working with the government of
Timor-Leste to bring about sustainable development and poverty
reduction through social stability, human development and
economic growth. A central element of this strategy is the
Planning and Financial Management Capacity Building Program,
which is a five-year advisory program designed to assist
Timor-Leste’s Ministry of Finance strengthen its planning,
budgeting, public expenditure management and revenue
administration functions with a central focus on capacity
building. The program has delivered significant results for
Timor-Leste since its inception in May 2006. The government’s
budget execution increased from US$76 million in 2005/06 to
US$550 million in 2008; a more than seven fold increase in cash
execution. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/EASTASIAPACIFICEXT/0,,contentMDK:22162651~menuPK:2246553~pagePK:2865106~piPK:2865128~theSitePK:226301,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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New Country Assistance Strategy for the Philippines
The Bank’s Board of Executive Directors discussed the new
Country Assistance Strategy for the Philippines for fiscal
years 2010-2012. With a central goal of achieving growth that
works for the poor, the Bank will support the Philippines in
pursuing macroeconomic stability, an improved investment
climate, better public service delivery for the poor, reduced
vulnerabilities to income shocks and natural disasters, and
better governance. Addressing the country’s fundamental
development challenges, the new strategy focuses on poverty
alleviation measures and on operationalizing governance in all
Bank-supported activities. It also addresses emerging global
challenges such as climate change, disaster risk management,
and the financial crisis and emphasizes a knowledge agenda that
supports the Philippines in addressing its own development
challenges. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/EASTASIAPACIFICEXT/0,,contentMDK:22163264~menuPK:2246553~pagePK:2865106~piPK:2865128~theSitePK:226301,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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Students to Benefit from the Expansion of Knowledge Sharing
Initiative
The Lao-Singapore Business College and the Bank signed a
Memorandum of Understanding to initiate a three-year
partnership program on knowledge sharing and youth initiative.
Key activities under this partnership program include series of
knowledge sharing seminars on key development issues; regional
and global youth video conferences. The partnership will
provide youths with a pool of development-related information
that the World Bank readily has, will serve as a platform where
youths can share perspectives and learn from others regionally
and globally, and eventually, to empower youths in
decision-making and development process. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/EASTASIAPACIFICEXT/0,,contentMDK:22160646~menuPK:2246553~pagePK:2865106~piPK:2865128~theSitePK:226301,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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For more regional information: http://www.worldbank.org/eap
(“http://www.worldbank.org/eap“)
EUROPE AND CENTRAL ASIA
Global Crisis Pushing Almost 35 Million People Back Into
Poverty
After enjoying a decade of strong growth and poverty reduction,
the countries of Eastern Europe and Central Asia (ECA) are now
seeing the global economic and financial crisis push almost 35
million people back into poverty and vulnerability, or about
one-third of the people that had escaped from it over the last
ten years, the Bank said at its regular regional economic
briefing at the World Bank/IMF Spring Meetings. Nearly 90
million of the Region’s 480 million people – about 18
percent of the population – have moved out of poverty and
vulnerability since 1999. But these gains are at risk as a
result of the financial crisis. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/0,,contentMDK:22155627~menuPK:258604~pagePK:2865106~piPK:2865128~theSitePK:258599,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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Russian Economic Report 18: Refocusing Policy on Households
The Bank’s Moscow office has released its Russian Economic
Report No. 18 which shows that the global outlook remains
extremely uncertain, with declines in world global output and
trade, and very limited capital flows to developing countries
this year and world oil prices in the US$40-50 range during
2009-10. As a result, Russia’s real GDP is likely to contract
in 2009 by 4.5 percent, compared with the positive 5.6 percent
growth in 2008. The fiscal surplus from last year will turn to
a sizeable deficit. The report says unemployment could reach 12
percent by year end. And the crisis threatens to undo some of
the large poverty reduction gains of recent years. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/RUSSIANFEDERATIONEXTN/0,,contentMDK:22120857~menuPK:305605~pagePK:2865066~piPK:2865079~theSitePK:305600,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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Knowledge Economy Forum Urges Countries to Protect R&D
Budgets
The Bank says innovation is vital for Europe and Central Asian
countries’ post-crisis growth and urges countries to focus on
key priorities for sustainable growth by ensuring that
resources for innovation are not cut as part of fiscal
consolidation. The Bank says such resources should be used more
efficiently, and by approaching the crisis as an opportunity to
change policies that would protect Research and Development
(R&D) and investment in human capital. According to a Bank
report that will be discussed at the Bank’s Eighth Annual
Knowledge Economy Forum that is taking place at INSEAD in
Fontainebleau, the economic crisis is a powerful opportunity
for Europe and Central Asian countries to redirect investments
in R&D by restructuring government-sponsored Research &
Development Institutes (RDIs), in order to increase the rate of
return on these investments. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/0,,contentMDK:22159361~menuPK:258604~pagePK:2865106~piPK:2865128~theSitePK:258599,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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Approved
KAZAKHSTAN – South West Roads Project – US$2.125 billion to
help upgrade the trade route linking China to Russia and
Western Europe through Kazakhstan bringing a helpful economic
stimulus to some of Kazakhstan’s poorest provinces. The
project will boost Kazakhstan’s competitiveness and bring
significant economic benefits to Kazakhstan, as well as to
Kyrgyz Republic, Tajikistan and Uzbekistan. Much of the road
network in Kazakhstan was constructed during the Soviet era and
has significantly deteriorated since then due to lack of
adequate maintenance. Read more
(“http://www.worldbank.org.kz/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/KAZAKHSTANEXTN/0,,contentMDK:22158343~pagePK:141137~piPK:141127~theSitePK:361869,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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TAJIKISTAN – Community and Basic Health Project – US$5 million
to increase access to, utilization of, and patient satisfaction
with, health services in project-supported areas. The grant
will help build capacity and efficiency at national levels in
administering a basic package of health benefits and introduce
financing reforms in primary health care. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/0,,contentMDK:22163928~menuPK:2246556~pagePK:2865106~piPK:2865128~theSitePK:258599,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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LATIN AMERICA AND THE CARIBBEAN
Bank Transfers US$25 million to Mexico for H1N1 Flu
The Bank confirmed that US$25.6 million was deposited into a
Special Account of the Mexico health project, enabling Mexico
to instantly buy drugs such as Tamiflu, medical supplies and
equipment, and to beef up testing capacity in an effort to
combat H1N1 flu at a national level. This financial support is
the first part of the US$205 million in support to Mexico
announced by Bank President Robert Zoellick last Sunday which
will assist the government and mobilize its vast public health
experience in response to the flu outbreak. The financial
package includes a US$180 million fast disbursing project which
is being prepared in connection with the Global Facility for
Avian Influenza to help local authorities finance the full
range of strategic, epidemiologic, regulatory, institutional,
and operational activities needed for an effective
response. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/LACEXT/0,,contentMDK:22164171~menuPK:2246555~pagePK:2865106~piPK:2865128~theSitePK:258554,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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State of the Cities Report Proposal Approved by Cities Alliance
The Cities Alliance has approved a proposal to co-finance a
Brazil State of the Cities Report which will provide an
analysis of the living conditions of a sample of 400 Brazilian
municipalities out of total of more than 5500. Brazil has
urbanized rapidly over the past few decades. According to a
2000 census, over 80 percent of the population lives in urban
areas. However, much of this urbanization has been unequal;
population has grown around state capitals and neighboring
municipalities of larger metropolitan areas, while other
regions have experienced negative growth rates. The result has
been pockets of poverty with increased social exclusion and
environmental hazards. The Cities report will provide the
opportunity to analyze the country’s socially diverse urban
areas and identify issues for public debate that can be used to
reinforce the national urban agenda and policy strategies set
by local authorities. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/LACEXT/0,,contentMDK:22163318~menuPK:2246555~pagePK:2865106~piPK:2865128~theSitePK:258554,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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Approved
Costa Rica – Public Finance and Competitiveness Development -
US$500 million to assist the government in addressing public
financing needs to implement actions that strengthen public
revenue generation capacity and fiscal transparency, improve
secondary education attainment and enhance competitiveness to
sustain growth. It is expected to play an important role in the
Government’s contingency plan to cover potential financing
gaps in the event that the global economic and financial
environment worsens significantly, threatening the
implementation of important reforms and undermining the
capacity to sustain key social programs. Key outcomes include
an improvement in tax revenues as a percent of GDP, an
expansion in the number of beneficiaries of the ‘Avancemos”
program, decrease in the secondary drop-out rate, and an
increase in the number of telecom operators and insurance
providers competing in Costa Rica. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/LACEXT/0,,contentMDK:22163765~menuPK:2246555~pagePK:2865106~piPK:2865128~theSitePK:258554,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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For more regional information: http://www.worldbank.org/lac
(“http://www.worldbank.org/lac“)
MIDDLE EAST AND NORTH AFRICA
Approved
EGYPT, SUDAN AND THE EASTERN NILE TECHNICAL REGIONAL – US$8.7
million to increase the adoption by the Eastern Nile Countries
of sustainable land and water management practices in selected
micro-watersheds in the Eastern Nile Basin. There are three
components to the project. The first objective is community
watershed management – to promote wider adoption of sustainable
land and water management practices and technologies, to reduce
land degradation and increase agricultural productivity. The
second objective of the project, cooperative action, which will
strengthen the knowledge base and human resource capacity for
cooperative action on watershed management in the Eastern Nile
Basin. The third component of the project is project
management. This component is aimed at providing technical and
capacity building assistance and incremental operating costs to
support project implementation. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/AFRICAEXT/0,,contentMDK:22163967~menuPK:2246551~pagePK:2865106~piPK:2865128~theSitePK:258644,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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For more regional information: http://www.worldbank.org/mena
(“http://www.worldbank.org/mena“)
SOUTH ASIA
Approved
AFGHANISTAN – Financial Sector Strengthening Project – US$8
million equivalent to help finance the costs associated with:
strengthening the capacity of Designed Account Afghanistan Bank
in the areas of banking supervision, accounting, internal audit
and human resource management; and developing necessary
financial infrastructure, such as public credit registry,
collateral registry, and the Afghanistan National Institute of
Banking and Finance. The International Finance Corporation
(IFC) will also provide the necessary technical support to
establish a public credit registry and collateral registry in
Afghanistan. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/SOUTHASIAEXT/0,,contentMDK:22163444~pagePK:2865106~piPK:2865128~theSitePK:223547,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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INDIA – Small and Medium Enterprise Financing and Development
Project – US$400 million to provide an additional loan to the
Small Industries Development Bank of India (SIDBI), with the
guarantee of the Republic of India, for the Small and Medium
Enterprises Financing and Development Project (SMEFDP). The
additional financing will scale up the parent project and
facilitate an: increase in the geographical coverage of the
project; expansion of innovative SME loan products, including
possibly loans to smaller SMEs, and receivables financing;
expansion of SME lending through other participating financial
institutions, subject to demand; exploration of the possibility
of providing loans to promote investments in energy efficiency
improvement technologies, subject to adequate demand from SME
at the SIDBI for such funding; and expansion of the coverage of
the innovative Risk-Sharing Facility (RSF) that was initiated
under the parent project. Read more
(“http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/SOUTHASIAEXT/0,,contentMDK:22163494~pagePK:2865106~piPK:2865128~theSitePK:223547,00.html?cid=ISG_E_WBWeeklyUpdate_NL“)
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For more regional information: http://www.worldbank.org/sar
(“http://www.worldbank.org/sar“)
BUSINESS AND CAREER OPPORTUNITIES
How is the Crisis Affecting Telecom Privatization?
A recent trend in the telecom sector has been the emergence of
several global players based in the developing world. These
companies are proceeding with their overseas expansion plans
and are entering new markets despite the financial crisis. In
January 2009 Telecel Globe, an affiliate of Orascom Telecom,
acquired Namibia’s Cell One mobile operator. Orascom Telecom
has also entered the Korea PDR market (3-G service) and has
expanded its activities in Lebanon (management contract for
Alfa). Etisalat is expanding in Iran, receiving the country’s
third national mobile license as part of a consortium with
Taameen Telecom (Iran). The company has also made substantial
investments in Pakistan’s telecom sector. These companies,
eager to establish themselves as global or regional players,
are helping to lessen the overall adverse impact that the
financial crisis and economic recession have had on foreign
investment in telecoms. Read more
(“http://www.fdi.net/documents/WorldBank/databases/pri-center_mockup/privatizationalert.html“)
…
For a full list of open positions and scholarships
http://www.worldbank.org/jobs (“http://www.worldbank.org/jobs“)
ON THE BLOGS
Wrapping up the 2009 Spring Meetings
Sameer Vasta notes on the Spring Meetings blog that “The 2009
Spring Meetings have now come to a close. We hope that you
enjoyed getting a quick look at some of the events and
announcements coming out of this year’s Meetings, and that this
blog was a useful way to get quick snippets of information and
insight from this past weekend’s proceedings. This blog will
stay live in its current state until the next round of World
Bank meetings, most probably the Annual Meetings taking place
this fall. Until then, feel free to go through the archives, or
click through the daily highlights to get targeted information
about some of the big events and announcements that took
place.” Read more
(“http://blogs.worldbank.org/meetings/wrapping-up-the-2009-spring-meetings?cid=ISG_E_WBWeeklyUpdate_NL“)
…
DID YOU KNOW?
Infrastructure in Africa
Regional cooperation in infrastructure investment through
Spatial Development Initiatives (SDIs) has proven to support
both structural and localized development, by pooling financial
resources to the benefit of several countries, as discussed in
this contributed article on Development Corridors and SDIs in
Africa. To encourage investment in Africa’s infrastructure, the
Public-Private Infrastructure Advisory Facility has recently
published Attracting Investors to African Public-Private
Partnerships: A Project Preparation Guide, which advises
countries on how to develop project proposals when seeking
investors. Noting also the rise in Sovereign Wealth Funds as a
source of capital, PPIAF has published Building Bridges:
China’s Growing Role as Infrastructure Financier for Africa,
which highlights the latest trends in China’s involvement in
the region’s infrastructure projects. Read more
(“http://www.fdi.net/spotlight/spotlight_detail.cfm?spid=41“)
…
MANAGE YOUR SUBSCRIPTION
The World Bank Weekly Update, published Mondays, highlights
activities on the Bank’s Web site for the previous week. For
more information: http://www.worldbank.org
(“http://www.worldbank.org/“)
Comments regarding the newsletter: webresponse@worldbank.org
(“mailto:webresponse@worldbank.org“)