Kampala, Uganda | THE INDEPENDENT | The amount of money migrant workers send home is projected to decline by 14 per cent compared to the pre-COVID-19 levels, according to the latest estimates published in the World Bank’s Migration and Development Brief. Remittance flows to low and middle-income countries are projected …
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Kampala, Uganda | THE INDEPENDENT | Uganda has secured a financing package of about 1.1 Trillion Shillings from the World Bank improve service delivery in local governments. This is additional funding to the 200 billion dollars received under the Uganda Intergovernmental Fiscal Transfers Program for Results,(UgIFT), to boost service delivery …
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Kampala, Uganda | THE INDEPENDENT | The World Bank has approved a grant of USD 130.8 million (484 billion Shillings), to ease the movement of goods and people in refugee-hosting districts in the West Nile sub-region of Uganda. The funds got from the International Development Agency, IDA will also help and …
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Kwania, Uganda | THE INDEPENDENT | Kwania district has received 1.7 billion Shillings from the World Bank for the refurbishment and upgrade of two health center II’s to HCIII’s, under the Intergovernmental Fiscal Transfer Program for Results- IFTPR. The beneficiary health centres include Akali HCII in the newly created Akali sub-county …
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Beijing, China | XINHUA | China’s recent acceleration in business reforms has helped the country become the top reformer among large economies, according to a report issued by the World Bank. Figures presented in the Doing Business 2020 report, the latest in a series of annual reports by the World …
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Nairobi, Kenya | XINHUA | The African Continental Free Trade Area (AfCFTA) could boost the continent’s income by 450 billion U.S. dollars if fully implemented, says a World Bank report released on Monday evening. According to the report, the pan African trade pact would significantly boost continental trade, particularly intraregional …
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Kampala, Uganda | THE INDEPENDENT | The World Bank has approved a fund of $150 million (approximately 554 billion shillings) to enable greater access to higher-quality secondary education among Ugandan children in safer and better-equipped learning environments. The project dubbed Uganda Secondary Education Expansion Project- USEEP is financed by an International …
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Kampala, Uganda | XINHUA | World Bank Group President David Malpass on Saturday urged the Group of 20 (G20) countries to extend the time frame of the Debt Service Suspension Initiative through the end of 2021, calling it one of the key factors in strengthening global recovery. “I urge you …
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Kampala, Uganda | RONALD MUSOKE | The World Bank has approved US$15.2 million (Approx. Shs 57bn) to support Uganda’s efforts to prevent, detect, and respond to the COVID-19 pandemic as well as strengthen national systems for public health emergency preparedness under a new operation—the Uganda COVID-19 Response and Emergency …
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Kampala, Uganda | THE INDEPENDENT | The World Bank has called for the scrapping of over-the-top tax-OTT. It argues that the move could boost access to coronavirus prevention messages for the vulnerable populations. This is the first organization, a big lender to government, openly calling for the abolition of the …
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