News

EBRD President discusses corona virus response with MDB heads

EBRD President Sir Suma Chakrabarti has held a telephone conference with other heads of leading multilateral development banks (MDBs) as they continued to coordinate their response to the impact of the corona virus pandemic on their member countries.

World Bank to provide further support to modernization of Uzbekistan’s agriculture sector

The World Bank’s Board of Executive Directors approved a $500 million financing package for implementation of the Agriculture Modernization Project in Uzbekistan.

ADB provides $1.4 million to strengthen Mongolia’s COVID-19 preparedness

The Asian Development Bank (ADB) has reallocated $1.4 million from a health project in Mongolia to procure essential medical equipment for early detection, emergency care, and management of severe respiratory diseases in wake of the novel coronavirus (COVID-19) pandemic.

Central Asia Transport Strategy for 2030

The 2030 transport strategy separates trade facilitation from transport, and puts CAREC’s objectives of improving connectivity and sustainability alongside corridor construction and rehabilitation.

World Bank supports Georgia’s human capital by helping enhance the quality of education

The Government of Georgia and the World Bank launched the Innovation, Inclusion and Quality (I2Q), a $102.7 million project aims to support investment in human capital through greater access to preschool education, and enhancements aimed at improving the quality education and the learning environment.

UPCOMING: 19th CAREC Transport Sector Coordinating Committee Meeting

The 19th Transport Sector Coordinating Committee Meeting will present the new CAREC Transport Strategy 2030 and discuss recent developments in railways, road asset management, road safety, aviation, and findings of the ports and logistics scoping study as well as plans for 2020.

UPCOMING: Sixth CAREC Railway Working Group Meeting

The Sixth Railway Working Group (RWG) Meeting will discuss progress made in technical assistance activities agreed at previous RWG meetings and provide knowledge-sharing support on key topics in railway reform.

World Bank supports sustainable and efficient power sector in Tajikistan

The World Bank’s Board of Executive Directors approved $134 million in grant financing from the International Development Association for the Power Utility Financial Recovery Project with the overall objective of ensuring the viability and efficiency of Tajikistan’s power sector.

World Bank to provide further support to modernization of Uzbekistan’s agriculture sector

The World Bank’s Board of Executive Directors approved a $500 million financing package for implementation of the Agriculture Modernization Project in Uzbekistan.

ADB to help modernize vegetable production, irrigation in Mongolia

The Asian Development Bank (ADB) has approved $40 million in loans to support the modernization of government-owned irrigation networks and vegetable production in Mongolia.