Tag Archives: World Bank

Kampala, Uganda | THE INDEPENDENT  | The World Bank has threatened to withdraw funding for the infrastructural upgrade at Coronation Park, a public space in Lira town, as a result of an unresolved dispute on its management. The facility, located opposite the main Market along Obote Avenue, is currently managed …

Kampala, Uganda | THE INDEPENDENT  |  The World Bank has urged the Ugandan government to pass the Special Needs and Inclusive Education policy which has remained in a draft for close to ten years.   The policy, which was drafted in 2011, makes it mandatory for all schools to have special needs …

  ✳ Discontinue the fragmentation of districts (if possible, consolidate to reduce administrative costs). ✳ Government’s outsized role in the agriculture sector leaves little room for private sector participation. ✳ Technical inefficiencies pervade delivery of subsidized inputs, procured by the NAADS and distributed by the OWC to farmers. ✳ Rather …

  Kampala, Uganda | THE INDEPENDENT | The world faces an invisible crisis of water quality. Its impacts are wider, deeper, and more uncertain than previously thought, according to a new report by the World Bank. The bank cautions that deteriorating water quality worldwide is slashing the economic potential of …

Nakaseke,  Uganda | THE INDEPENDENT |  More than 50 health workers at Nakaseke hospital are on the verge of being evicted from staff quarters due to poor hygiene. Government with support from World Bank injected about Shillings 17.6 billion in the renovation of Nakaseke hospital. The construction work included the renovation of …

Kampala, Uganda | THE INDEPENDENT | The National Economy committee of Parliament has asked the government to scale down debt contracting to only projects that have high economic and financial returns, and target cheaper concessional loans to finance investments. According to the committee, as the country’s external debt position faces …

Washington, United States | AFP | The World Bank announced Wednesday it was deploying another $300 million in crisis aid for DR Congo to help contain the year-old Ebola outbreak. The financing comes after the World Health Organization (WHO) last week declared the current outbreak a Public Health Emergency of International …

Washington, United States | AFP |  At the critical moment of a Hollywood movie starring A-lister Sandra Bullock, Bolivia’s newly-elected president calls in the International Monetary Fund to bail out the poverty-stricken country, violating a campaign promise. The streets erupt in violent protest. The movie, “Our Brand is Crisis,” is …

Abidjan, Ivory Coast | AFP |  Ivory Coast, the world’s largest cocoa producer, earns just a fraction of the crop’s potential value and must process it domestically and develop its distribution to fully reap the benefits, a World Bank report said Thursday. Cocoa accounts for 40 percent of the West African …

Uganda Economic Update: Investing $2 Billion Will Put One Million More Children in School Kampala, Uganda | THE INDEPENDENT | An increase in government spending on education would improve enrollment and the quality of learning in Ugandan schools, raising the human capital necessary to sustain productivity and economic growth, according to the …