News

World Bank support to Georgia aims to sustain inclusive economic growth

The 45 million euro Economic Management and Competitiveness Development Policy Operation aims to support Georgia’s ongoing reforms in areas critical for inclusive economic growth, and will also help the country’s efforts to mitigate the economic impact of the #COVID19 pandemic.

ADB $1 million grant to boost Mongolia’s fight against COVID-19

The Asian Development Bank (ADB) approved a $1 million grant to support the Mongolian government’s fight against the novel coronavirus (COVID-19) pandemic.

Mongolia: World Bank mobilizes $2.2 million to strengthen medical diagnostic services in response to COVID-19

The World Bank mobilized $2.2 million to help strengthen Mongolia’s hospital services in the wake of the COVID-19 pandemic. The funding will be used to purchase the most needed medical diagnostic equipment in the country.

ADB President, Kazakhstan minister of national economy discuss support for COVID-19 response

Asian Development Bank (ADB) President Masatsugu Asakawa and Kazakhstan’s Minister of National Economy Ruslan Dalenov discussed how ADB can support Kazakhstan in its fight against the COVID-19 pandemic.

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.