Tag Archives: World Bank

By Julius Businge World Bank Group President Jim Yong Kim has said that he would direct more funding to fragile and conflict-affected states in a bid to fight poverty among the people, he said in a statement released on Oct. 1. Extreme poverty was “the defining moral issue of our …

By Joan Akello The World Bank says there is need for more and better jobs   as a prerequisite for transforming Uganda’s economy while launching Uganda’s economic update. While Uganda’s  economy has grown  rapidly over the  last decade and will continue  to do so into  the future,  a significant  proportion  of …

By Julius Businge The World Bank’s Board of Executive Directors have discussed and endorsed the progress report of the Country Assistance Strategy (CAS) for Uganda that will guide the support of the World Bank Group to the country for the remaining two years (2014-2015) of the CAS. The CAS is …

By Julius Businge The Ministry of Tourism, Wildlife and Antiquities (MTWA), in partnership with The World Bank and DFID will be launching a report on the current status of the Tourism Industry in Uganda on Aug 1 in Kampala. A statement released by the bank on July 29 says the …

By Gerald Mbanda The UN involvement dates back to the 1960-1964 crisis but to date over 40 rebel groups operate in DRC The recent joint visit to the Great Lakes Region by the UN secretary General Ban Ki-Moon and World Bank President Jim Yong Kim to support a peace deal …

By Julius Businge The World Bank in partnership with the Economic Policy Research Centre (EPRC) will on May 3 give an update on the world’s progress towards achieving the Millennium Development Goals (MDGs). The event will be held at Makerere University. The report, titled Global Monitoring Report (GMR) is jointly …

By Julius Businge A new IFC and World Bank report shows that in 2011/12 all five economies of the East African Community (EAC)—Burundi, Kenya, Rwanda, Tanzania, and Uganda—implemented at least one institutional or business regulatory reform improving the business climate for local entrepreneurs. Released on May 2, Doing Business in …

By Julius Businge The World Bank has said economic growth in Sub-Saharan Africa is likely to reach more than 5% on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent. The Bank said in its latest Africa’s Pulse, a twice-yearly analysis …

By Julius Businge A recent report released by the World Bank, IFC, and PwC finds that governments continue to reform their tax systems despite global economic uncertainty, with 31 economies having taken steps from June last year through May 2012 to make it easier and cost less for small and …

By Ronald Musoke Continued foot-dragging by the world’s governments to reach a new and concrete Climate Change deal is not only setting the entire world on course to a warmer world but the consequences will be calamitous says a new World Bank report. The report, “Turn Down the Heat: Why …