International Monetary Fund

International Monetary Fund and World Bank Group Announce Tanzania as the Second Country Benefitting from the Enhanced Cooperation Framework for Scaled-Up Climate Action

October 10, 2024 Washington, DC: The World Bank Group (WBG) and the International Monetary Fund (IMF) are pleased to announce that Tanzania is the second country benefiting from the Enhanced Cooperation Framework for Climate Action (the Framework). This follows the approval of an arrangement under the Resilience and Sustainability Facility (RSF) in June 2024 by the IMF Executive Board, and the WBG’s active engagement on climate action in the country. … Continue reading International Monetary Fund and World Bank Group Announce Tanzania as the Second Country Benefitting from the Enhanced Cooperation Framework for Scaled-Up Climate Action

World Bank Group

The World Bank and Qatar Partner to Drive Impact for Global Education

WASHINGTON, September 13, 2024 — The World Bank, Qatar, and the global foundation Education Above All have announced a partnership focused on expanding quality access to education worldwide. Successive global challenges in recent years have led to an increase in out-of-school children and youth and a massive global learning deficit. Countries are urgently seeking solutions and the needed finance to reverse current education trends. The agreements … Continue reading The World Bank and Qatar Partner to Drive Impact for Global Education

DFC

DFC Announces $70 Million in New Investments in India to Advance Shared Priorities in Health Systems, Affordable Housing, and Small Business Support

NEW DELHI, INDIA – The U.S. International Development Finance Corporation today announced several new investments in India’s private sector designed to advance top priorities of the U.S. and Indian Governments, including advancing health systems––particularly vaccines––expanding access to affordable housing, and broadening support for small businesses. “Our partnership with India is both local and global,” said DFC Deputy CEO Nisha Biswal said during a visit to India. “DFC is … Continue reading DFC Announces $70 Million in New Investments in India to Advance Shared Priorities in Health Systems, Affordable Housing, and Small Business Support

Saudi Fund for Development

Saudi Fund for Development Celebrates 50 Years of Global Impact with Over $20 Billion in Development Contributions

RIYADH, Saudi Arabia – The Saudi Fund for Development (SFD) celebrated its 50th anniversary in Riyadh today, under the theme “50 Years of Global Impact.” The event brought together key development partners to reflect on the SFD’s significant contributions to sustainable development worldwide. Over the past five decades, the SFD has allocated over $20 billion, financing more than 800 development projects and programs in vital … Continue reading Saudi Fund for Development Celebrates 50 Years of Global Impact with Over $20 Billion in Development Contributions

Saudi Fund for Development

Saudi Fund for Development Announces Celebration of 50 Years of Global Impact with Anniversary Event

RIYADH, Saudi Arabia – The Saudi Fund for Development (SFD) will host a Gala Dinner on September 01, 2024, under the theme Celebrating 50 Years of Global Impact, commemorating five decades of driving sustainable global development and progress. “At this critical milestone, we reaffirm our commitment to spurring global collaboration and unity, building inclusive frameworks for social, economic, and human development, and fostering economic prosperity in … Continue reading Saudi Fund for Development Announces Celebration of 50 Years of Global Impact with Anniversary Event