In theDemocratic Republic of Congo, between 2011 and 2017, 105,556 people benefited from better access to agricultural services and rural infrastructure. Maize yields, rice yields, and potato yields have all more than doubled and around 2.5 tons of vegetables are exported to Europe every week. As a result of the destruction of physical capital, casualties, forced displacement, and the breakup of economic networks, Syrias GDP shrank by more than a half between 2010 and 2020. The results confirmed a second and final term for President Joo Loureno. Its principal cities, including its capital, Luanda, look west over the South Atlantic to Brazil, another Portuguese-speaking nation (like itself). IFC also helps clients improve productivity, climate-smart practices,and food safety. Since China began to open up and reform its economy in 1978, GDP growth has averaged over 9 percent a year, and more than 800 million people have lifted themselves out of poverty. With IDAs help, hundreds of millions of people have escaped povertythrough the creation of jobs, access to clean water, schools, roads, nutrition, electricity, and more. Under the project, more than 110,000 heads of livestockor about 17%of Armenias total livestockreceived improved animal health services. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. A vast country with a long coastline and central plateau, Angola thrusts inland across Southern Africa to border Namibia, Botswana, Zambia, and the Democratic Republic of the Congo. Going forward, the report concludes, Chinas social policies need to evolve to address the specific vulnerabilities of this group. Global data and statistics, research and publications, and topics in poverty and development, *Amounts include IBRD and IDA commitments, For project-related issues and complaints, World Bank Support for Country Access to COVID-19 Vaccines, Environmental and Social Policies for Projects, Health System Performance Strengthening Project (HSPSP), Water Sector Institutional Development Program, Market Oriented Smallholder Agriculture Development Project (MOSAP. Over the last few years, the World Bank has ramped up its efforts to address more effectively GBV risks in its operations, including learning from other institutions. Millions of people are either not eating enough or eating the wrong types of food, resulting in adouble burden of malnutritionthat can lead to illnesses and health crises. Over the two decades before COVID-19 struck in 2020, Cambodia blossomed economically. This was done through upgrading facilities, adopting new technologies, and introducing food safety and environmental standards. They also received access to 2,884 tons of improved maize, rice, groundnut, and sorghum seed, and mobilized US$400,000 through savings groups. In addition, 65% of households surveyed in 2019 reported higher incomes. The program will support coordination across line agencies and levels of government by strengthening data collection and sharing, and by improving water management and allocation. InRwanda, between 2010 and 2018, the Bank helped support more than 410,000 farmers50%of them womenin improving their agricultural production by developing over 7,400 hectares for marshland irrigation, providing hillside irrigation on over 2,500 hectares, and improving soil conservation and erosion on more than 39,000 hectares of hillside. Improved availability of the Project Finance Management system at kiosks established in 63 districts, including Information Centers to make internet access readily available for other district administrative activities, increasing capacity for efficiency at local level institutions. Over the two decades before COVID-19 struck in 2020, Cambodia blossomed economically. Strong remittance inflows mitigated to some extent the adverse impact on private consumption and, together with higher gold exports, have kept Zimbabwes external current account in surplus. Over the past 30 years, Mongolia has transformed into a vibrant democracy, with treble the level of GDP per capita and increasing school enrollments, and dramatic declines in maternal mortality and child mortality. The revision of Zimbabwes Nationally Determined Contributions and the accreditation of the Infrastructure Development Bank of Zimbabwe to the Green Climate Fund to enable it to gain access to international climate finance for green infrastructure development. In Moldova, since 2012, the Bank has helped more than 7,500 farmers gain access to local and regional high-value markets for fresh fruit and vegetables and boosted land productivity through the promotion of sustainable land management practices on 120,000 hectares of farmland. The CPF has three broad areas of engagement: The CPF is informed by the Bank GroupsSystematic Country Diagnostic (SCD)published in early 2018 and other Bank studies includingInnovative China: New Drivers of Growthpublished in 2019. The national poverty line is now 10,951 riels per person per day or the equivalent of $2.70 (at October 2022 exchange rates). Timely measures are important to cushion against the health and economic shocks and protect the most vulnerable people. The World Bank Group continues to leverage its support by working closely with key stakeholders. Healthy China: Deepening Health Reform in China, Building High-Quality and Value-Based Service Delivery, a joint study on reforming Chinas health system in collaboration with the Ministry of Finance, the National Health and Family Planning Commission, and the World Health Organization, recommends deeper healthcare reforms by creating a new model of people-centered quality integrated health care that strengthens primary care as the core of the health system; continuously improving health care quality; empowering patients with knowledge and understanding of health services; boosting the status of the health workforce, especially primary-care providers; allowing qualified private health providers to deliver cost-effective services; and prioritizing public investments. The following services were delivered in the three centers: 18,000 people got their first birth certificate and received their identity documents; 981 grievance redress cases on the project have been submitted; 953 people attended workshops on COVID-19 and child protection; 32 cases of family conflict resolutions were mediated. TheYangtze River Protection and Ecological Restoration Program, approved in December 2021, helps enhance ecological protection and reduce water pollution in Chinas Yangtze River basin. Structural reforms are needed to reinvigorate the shift to more balanced high-quality growth. The United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage Sites are places of importance to cultural or natural heritage as described in the UNESCO World Heritage Convention, established in 1972. Over the medium term, the economy is expected to grow around 6 percent annually as the new investment law and free trade agreements help boost investment and trade. Life expectancy at birth and maternal, under-five, and infant mortality rates have been improved significantly between 2000 and 2021. It also supports the development of program-based budgets to better link resource use with outcomes at the local government level. The World Bank is supporting Mozambique to expand its provision of water in urban and rural areas. Thus, a high-income country may be classified as either developed or developing. The project introduces a multi-sectoral approach that brings together responses from public health, agriculture and food, as well as the environment and wildlife sectors. Now available for iOS and Android. These numbers are significantly higher when informal SMEs are included. The economy is projected to grow 4.8 percent in 2022, upwardly revised from a forecast of 4.5 percent in April, underpinned by merchandise exports and domestic economic activity. Although not the main source of historical cumulative emissions, China today accounts for 27 percent of annual global carbon dioxide and a third of the worlds greenhouse gas emissions with per capita emissions now surpassing those of the European Union, although slightly below the OECD average and well below the level of the United States and its air and water pollution affects other countries. Global data and statistics, research and publications, and topics in poverty and development, *Amounts include IBRD and IDA commitments, World Bank Support for Country Access to COVID-19 Vaccines, Environmental and Social Policies for Projects, Health Equity and Quality Improvement Project (H-EQIP), Cambodia Relief, Recovery and Resilience Development Policy Financing, Cambodia Agricultural Sector Diversification Project, Livelihood Enhancement and Association of the Poor Project, Water Supply and Sanitation Improvement Project, Social Accountability and Service Delivery Trust Fund (SASD-TF), High-frequency monitoring of COVID-19 impacts on households in Cambodia, Meet Maryam Salim New World Bank Country Manager for Cambodia, Cambodia Health Equality and Quality Improvement Project Phase 2, Improving Capacity of Private Water Operators. We also approved 33 advisory services and analytical products for eight countries, totaling $6 million. World Bank-financed projects introduced innovations or piloted new approaches and serve as platforms for knowledge exchange. Vaccine deployment and related risk communication and community engagement, Climate friendly related health system strengthening. In Tajikistan, since 2014,the Bank supports agricultural diversification through the development of value chains,including dairy, apricot, apple, pear, tomato, cucumber, and lemon,allowing 2,127 farmers49%of whom are femaleto procure farm equipment and invest in crop and livestock production, dry fruits processing, and greenhouses. A Social Protection and WASH pilot has been helping keep adolescent girls in school after the COVID-19-related school closures. By 2030, up to 70% of the Chinese population - some one billion - will be living in cities. The negative effect of the pandemic on non-farm family businesses has stabilized; however, low consumer demand remains the main driver of revenue losses. On average, investing 1.4% of annual GDP could reduce emissions in developing countries by 70% by 2050 and boost resilience, according to a new report from the World Bank Group. Outlook. The World Banks work in Kenya supports the governments Vision 2030 development strategy, which aims to accelerate sustainable growth, reduce inequality, and manage resource scarcity. Having reached lower middle-income status in 2015, it set its signs on attaining upper middle-income status by 2030. One third of food produced globally is either lost or wasted. Knowledge and advisory services will play a growing role in the cooperation with the WBG. More than 62% of beneficiaries are women. Against this, the government has prepared an Arrears Clearance, Debt Relief and Restructuring Strategy and resumed token payments to IFIs and Paris Club creditors. In 2022, there was US$9.1billion in new IBRD/IDA commitments to agriculture and related sectors. About $25 million in grants in additional financing from the GFF have continued the progress made during previous cycles of support to the countrys health sector and contribute towards its response to COVID-19. Despite its strong growth and macroeconomic stability, the country has not witnessed significant welfare improvements, until Find out what the Bank Group's branches are doing in Angola. Emerging economies in Europe and Central Asia also hit hard. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Agriculture can help reduce poverty for 75% of the world's poor, who live in rural areas and work mainly in farming. The World Bank Groups Country Partnership Framework (CPF) for Cambodia for FY19-23 was discussed by the Board on May 30, 2019. Most Recent Year. World Bank Group (WBG) assistance to Zimbabwe totaled $1.6 billion between 1980 and 2000. In Cambodia, most domestic wastewater is left untreated with only 11% of households connected to a sewer network. Read the report. Nonetheless, some 220 million Chinese still had incomes below $5.5 a day in 2019. It shows that sustained growth and economic transformation created the opportunities that helped close to 800 million poor Chinese achieve an income above $1.9 per day. Weathering the Oil Price Shock, the real growth is projected to reach 4.5% in 2022: Country Economic Update, June 2022 Report, Productivity, diversification, domestic investment are key to Cambodias economic recovery, Income groups are based on the World Bank classification. In response to these headwinds, the authorities have stepped up macroeconomic policy easing with higher public infrastructure spending, tax rebates, policy interest rate cuts, and a relaxation in local purchase restrictions in the property sector. The external environment has also significantly worsened in the wake of Russias invasion of Ukraine, with global growth slowing, inflation soaring, and financial conditions tightening. Cambodia continues to have a serious infrastructure gap and would benefit from greater connectivity and investments in rural and urban infrastructure. A high-income economy is defined by the World Bank as a nation with a gross national income per capita of US$12,696 or more in 2020, calculated using the Atlas method. Raising awareness on the importance of wastewater treatment is crucial. CSV XML EXCEL. According to our estimates, 600 million jobs will be needed by 2030 to absorb the growing global workforce, which makes SME development a high priority for many governments around the world. The project has benefitted a total of 323,501 people46%of them womenwith farm roads, irrigation,and agricultural enterprise projects, boosting incomes by up to 36%. The utilities financial and operational performance has improved significantly and anew regulator and a new water resources management institution have been created. The World Bank leads theFood Systems, Land use and RestorationGlobalPlatform(FOLUR), financedby the Global Environment Facility,in partnershipwith UNDP,theUNFood and Agriculture Organization (FAO), the Global Landscapes Forum and the Food and Land-use Coalition. China began itspartnership with the Bankin 1980, just as it embarked on its reforms. Performance-based contracting for road construction and maintenance is expanding to promote private sector participation and to optimize service quality. Watch, listen and click through the latest videos, podcasts and slideshows highlighting the World Banks work in Sub-Saharan Africa. TheMarket Oriented Smallholder Agriculture Development Project (MOSAP)supports beneficiaries by providing training and new technologies, improving their organizational and marketing skills, and improving their access to extension services and agricultural inputs. Housing demand remains subdued due to weak homebuyer sentiment amid repeated COVID-19 outbreaks and mortgage boycotts by owners of homes still under construction. In 2020, a child born in Cambodia would be expected to be only 49 percent as productive when grown as she or he could be if she or he enjoyed full quality education, good health, and proper nutrition during childhood. Mostly as a result of high oil prices, Angola experiences favorable macroeconomic conditions such as a high level of net international reserves, exports, and fiscal revenues, a strengthening currency, and declining public debt to GDP. The World Bank provides free and open access to a comprehensive set of development data in countries around the globe, including China. Post-pandemic, Cambodias economic recovery has gained momentum, but remains uneven. Succeeded by Curaao and Sint Maarten. InKenya, since 2016,nearly 1 million farmersmore than 60%womenare boosting their productivity and accessing markets. Sixty-thousand hectares of irrigated rice fields have been rehabilitated. Furthermore, Zimbabwe's social assistance programs have low coverage and may benefit from improved targeting. The Bank also helpedover 20,000 farmersimprove their livestock production and benefited an additional 130,000 people through capacity building in food safety. Currently, the first four centers are fully open at Kampong Spue province for children from 3 months to 3 years old. Better water-use efficiency on 44,000 hectares of farmland and new technologies have improved soilconditions andboosted production of rice by 12%and maize by 9%. DataBank. The initiative introduced drip irrigation, water storage, livestock production and processing plants,organized 180 greenhouses for year-round crop production,and established relationships between farmers and buyers. World Bank initiatives support sectors in Honduras such as rural competitiveness, social protection, early childhood education, water and sanitation, health, World Bank national accounts data, and OECD National Accounts data files. During thethird phaseof the project, 1,575 pieces of community infrastructure were constructed and rehabilitated in all 18 provinces of the country, enabling about 2.3 million Angolans to gain access to basic social and economic services. GDP in Ukraine averaged 98.23 USD Billion from 1987 until 2021, reaching an all time high of 200.09 USD Billion in 2021 and a record low of 31.58 USD Billion in 1999. Around a third of the population lives in poverty (less than US$ 2.15 per day as per the updated international poverty line), facing high unemployment and a rising cost of living. The World Bank Group supports Angolas efforts to reduce poverty and promote economic growth by working with the government, development partners and civil society. Inflation is estimated to average 213% in 2022 and remain in triple digits in 2023. Improving lower secondary education to meet minimum standards is the goal of a World Bank-supported project in Cambodia. The GDP value of Ukraine represents 0.15 percent of the world economy. 1,000 km of network was installed inUige,Malanje,Ndalatando, Huambo, Kuito,Lubango,andLuena. The World Bank Group provides knowledge, advice, and financial resources in low- and middle-income countries to transform food systems to reduce poverty and achieve green, resilient, and inclusive development. Purchasedpersonal protective equipment, bio-safety and diagnostic materials, and operationalized the logistical response, including contact-tracing and field-based training. Foreign direct investment (FDI), while diversified, remains affected by Chinas zero COVID-19 policy. To learn more about cookies, click here. China is a growing influence on other developing economies through trade, investment, and ideas. The World Bank established a multi-donor, Social Accountability and Service Delivery Trust Fund (SASD-TF) with Switzerland, Germany, Australia to provide financing for World Vision International (WVI) to implement demand side (civil society organization) activities (Engaging Citizens to Improve Service Delivery Through Social Accountability) and for the National Committee for Democratic Development Secretariat (NCDDS) to implement supply side (government) activities (Integration of Social Accountability into National and Subnational systems) as part of ISAF phase II (2019-2023). The World Bank Group works in every major area of development. Enhancing financial sector development and fostering private enterprise; Strengthening public sector accountability and public financial management; Expanding and improving sustainable infrastructure. Potential growth has been on a declining trend, reflecting adverse demographics, tepid productivity growth and rising constraints to a debt-fueled, investment-driven growth model. Sri Lanka faces an unsustainable debt and severe balance of payments crisis, which is having a negative impact on growth and poverty. While much remains to be done to achieve this transformation, the Angolan government has taken important steps to safeguard macroeconomic stability and delivered on several key reforms. This site uses cookies to optimize functionality and give you the best possible experience. The Bank also provided planting materials to boost production for 33,817 farmers10%of them femaleworking on 21,209 hectares of cocoa, and 35,505 hectares of coffee plantations. The World Bank is making up to $30 billion available as part of a global response to the food crisis. The Gross Domestic Product (GDP) in Ukraine was worth 200.09 billion US dollars in 2021, according to official data from the World Bank. The project is being implemented by Plante Enfants & Dvelopement (PE&D). This site uses cookies to optimize functionality and give you the best possible experience. The project aims to expand access to early childhood education and improve the quality of basic education for students. TheLivelihood Enhancement and Association of the Poor (LEAP) is being implemented to improve access of poor and vulnerable households in selected rural and urban communities to financial services, opportunities for income generating activities (IGAs), and small-scale infrastructure, and to provide immediate and effective response in case of an eligible crisis or emergency. Chinas growing economy is also an important source of global demand. Program activities comprise institutional capacity building, training and agricultural extension services, financial incentives to promote climate-smart and greener agriculture technologies and practices, and investments in rural wastewater and solid waste management services. 1,132,822 booster doses were also administered, totaling 22,322,578 doses administered.S. So far, women have saved over $ 225.71 million and leveraged $ 3.2 billion from the formal financial sector. The role of the state needs to evolve and focus on providing a clear, fair and stable business environment, strengthening the regulatory system and the rule of law to further support the market system, as well as ensuring equitable access to public services to all citizens. The World Bank In Cambodia Over the two decades before COVID-19 struck in 2020, Cambodia blossomed economically. As of now, the project has benefitted 50,770 students, faculty members and educational staff. Since 2013,Bank support has strengthened Indonesias agricultural researchsystem. Global environmental problems cannot be solved without Chinas engagement. Access economy facts, statistics, project information, development research from World Bank experts and breaking news. Raising awareness on the importance of wastewater treatment is crucial. During the COVID-19 pandemic, the community platform supported its members with provision of food, protective equipment and access to information. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. As well, the project has achieved the following so far: The Zimbabwe COVID Emergency Response Project (ZCERP), co-financed by the Health Emergency Preparedness and Response Trust Fund ($5 million) and an ESMAP Grant ($1.575 million), complements government and development partner efforts in the deployment of COVID-19 vaccines through: For the $5 million COVID-19 component of the $25 million GFF-supported Health Sector Development Support Project , the following services and support for general COVID-19 response have to date been provided: TheZimbabwe Idai Recovery Project (ZIRP)has been supporting post-cyclone recovery initiatives and resilience building in areas of the country worst-affected by the 2019 cyclone achieving the following in each component below: Component I: Immediate Support for Cyclone Recovery, Component II: Enabling Medium-Term Cyclone Recovery and Resilience Building, Component III. Reducing these imbalances requires shifts in the structure of the economy from manufacturing to high value services, from investment to consumption, and from high to low carbon intensity. Provided services to over 45,000 women and children under the Urban Voucher Component. The project reached more than 2.7 million beneficiaries, 41%of whom were women. More than 90,000 people are expected to benefit from this program over the nextfiveyears. In support of Cambodias efforts to deal with the COVID-19 crisis and to strengthen the countrys economy for recovery and future resilience, the World Bank approved theCOVID-19 Emergency Response Project($20 million) and activated the Contingent Emergency Response component (CERC) of theHealth Equity and Quality Improvement Project (H-EQIP) and approved an additional financing ($14 million) to this component for responding to COVID-19 pandemic. Figures in italics are for 2020 or 2019, ranking is approximate. The World Bank Groups private finance arm, theInternational Finance Corporations (IFC)madeUS$4.17billionworth of investments in the sametime period. Based on the success of the implementation of theImplementation of Social Accountability Framework(ISAF) phase I, whichwas initiated in 2015, phase II (ISAF II) has been rolled out. The COVID-19 Emergency Response project contributed to increasing the COVID-19 testing capacity in the country from 1,500 to 12,000 tests a day through rolling out testing to 10 provincial hospital and for regional hospital laboratories, and established the Polymerase Chain Reaction System in two regional hospital laboratories in Battambang and Siem Reap provinces. The extension will align the next CPF with the strategy that the Government will put in place after the completion of the Economic Recovery Plan (ERP) at the end of 2023. Thanks to garment exports and tourism, Cambodias economy grew at an average annual rate of 7.7 percent between 1998 and 2019, making it one of the fastest-growing economies in the world. Growth in the agriculture sector istwo to four times more effectivein raising incomes among the poorest compared to other sectors. The World Bank works with a range of partners to achieve ambitious development goals:transforming food systems,boosting foodsecurityand empowering smallholder farmers, to realizezero hunger and poverty by 2030. Against the health and economic shocks and protect the most vulnerable people World 's poor, live! Analytical products for eight countries, totaling 22,322,578 doses administered.S be placed your! For students forward, the report concludes, Chinas social policies need to evolve to the! To 3 years old standards is the goal of a global response to the food crisis to evolve address. 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