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Global community steps up with $93 billion support package to boost resilient recovery in World’s poorest countries

– $23.5 billion in donor contributions to IDA, World Bank fund for the poor WASHINGTON, Dec. 15, 2021 – The World Bank today announced a $93 billion replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient,…

Demand for World Bank Group financing rises to nearly $64 billion in Fiscal Year 2018

Record increases in human development, climate finance, and IDA support WASHINGTON, July 19, 2018 – World Bank Group commitments to developing countries hit nearly $64 billion in fiscal year 2018, which ended June 30, with record increases in human development,…

World Bank Supports Human Capital and Agribusiness in the Eastern Caribbean

World Bank approved today a total of US$19 million for two OECS projects WASHINGTON, May 25, 2017 – The World Bank’s Board of Executive Directors approved today two important projects totaling US$19 million for the Eastern Caribbean countries of Saint…

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World Bank Group backs Latin America and the Caribbean’s efforts to boost growth and preserve social gains

Infrastructure, transportation, education and fiscal management were among top priorities supported by more than $10 billion last fiscal year WASHINGTON, July 2, 2014 – The World Bank Group (WBG) committed $10.2 billion in fiscal year 2014 (July 2013 to June…

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World Bank helping regional disaster preparedness and management

From Caribbean360 In the past year, over 80 countries received Global Facility for Disaster Reduction and Recovery assistance in the form of financial or advisory support. WASHINGTON D.C., United States, Tuesday February 4, 2014, CMC – As the Caribbean grapples…