The World Bank launched an early twentieth replenishment process of the International Development Association (IDA), its fund for the world’s poorest countries, aiming to support countries in their recovery from the COVID-19 crisis.
The government of Bangladesh signed three financing agreements totaling $1.04 billion with the World Bank to respond to the COVID-19 pandemic and to build resilience to future crises, including vaccination against COVID-19, expand electronic procurement and accelerate economic recovery.
In war-torn Yemen, the World Bank’s International Development Association (IDA) and the World Health Organization (WHO) worked together through the Yemen COVID-19 Response Project (YCRP) to support and strengthen the country's preparedness and response to the pandemic.
The World Bank has approved Additional Financing of $10 million for the Tajikistan Rural Electrification Project, which aims to (i) provide electricity access for residents in remote, mountainous areas of southern Tajikistan; and (ii) support efforts to export electricity to neighboring communities in North-Eastern Afghanistan.
Donor and borrower country representatives of the International Development Association (IDA) have selected Zambia’s Dr. Denny Kalyalya as the Independent Co-Chair of IDA’s twentieth replenishment (IDA20), which will launch later this month. In this role, Dr. Kalyalya will champion stronger policy and financial support for IDA20 at political and other stakeholder levels across IDA donor and borrower countries.
The World Bank approved today US$15 million in additional financing from the International Development Association (IDA) to support an expanded and enhanced social safety nets system and improve access to basic services and food security in Djibouti’s poorest and most vulnerable communities.
WASHINGTON DC, March 26, 2021—The World Bank’s Board of Executive Directors today approved a $250 million credit from the International Development Association (IDA) to help Bangladesh create more, better, and inclusive jobs and protect more than 5 million jobs as part of the government’s response to the COVID-19 crisis, while laying the groundwork to accelerate recovery and build resilience.
WASHINGTON, March 25, 2021 – The World Bank’s Board of Executive Directors today approved $600 million in financing from the International Development Association (IDA) for the Crisis-Resilient Social Protection Program (CRISP) that will support Pakistan to expand Ehsaas, the national poverty alleviation program, to protect vulnerable households and increase resilience to economic shocks such as the COVID-19 pandemic.
Approved on February 23, 2020, by the World Bank’s Board of Executive Directors, a $80 million from the International Development Association (IDA)* with 50% grant and 50% credit, will support Mali’s education system.
The World Bank Board of Executive Directors approved today the US$25 million First COVID-19 Response and Recovery Development Policy Credit. This is Dominica’s first World Bank budget support operation, and it is the first in a series of two quick-disbursing credits.
The World Bank’s Board of Executive Directors today approved $500 million in financing from the International Development Association (IDA) to help Bangladesh vaccinate 54 million people against COVID-19.
The World Bank Board of Executive Directors today approved $60 million from the International Development Association (IDA) to help the Afghan government purchase and deploy safe and effective COVID-19 vaccines and strengthen its national program to ensure quick and fair access to health services and vaccinations.
The World Bank approved a $46.9 million project to improve primary education in Lao PDR. Of the total funding, US$30 million comes from the World Bank’s International Development Association, with the remainder coming in the form of a grant from the Global Partnership for Education.
WASHINGTON, March 17, 2021 — The World Bank approved $200 million to help Bangladesh provide support and services to the low-income urban youths impacted by the COVID 19 pandemic and the involuntary returnee migrants to improve earning opportunities and resiliency.
The World Bank’s Board of Executive Directors approved today a total of $22.5 million in additional financing to the Regional Off-Grid Electricity Access Project (ROGEAP) –in the form of grants from the International Development Association (IDA)* and the Clean Technology Fund (CTF)— to support the development of the market for stand-alone solar products in Western and Central Africa, including a dedicated effort for the Sahel countries. This complements the $150 million of IDA and $67.2 million CTF approved by the Board in April 2019 for this project.
The World Bank’s Board of Executive Directors approved today a US$75 million grant from the International Development Association (IDA) for the Adaptive Social Protection for Increased Resilience Project (ASPIRE).
The World Bank today approved a grant from the International Development Association (IDA) of US$97.50 million to provide regular and predictable cash support to Afghans affected by droughts and COVID-19 and improve food and nutrition security.
US$50 million (FJ$102.7 million) to support Fiji’s recovery from the impacts of COVID-19 and severe tropical cyclones Harold and Yasa. The project has a special focus on women who have been disproportionally affected by the crisis.
The government of Bangladesh today signed a $500 million financing agreement to help Upgrade the Jashore-Jhenaidah highway and improve the connecting rural roads and markets that will benefit over 20 million people living in the western region.
In June 2020, the World Bank's Board of Executive Directors approved the USD 800 million Emergency Equity and System Strengthening in Education Project (EESSE), to be implemented over a period of four years.