UN salutes new Libya ceasefire agreement
Warring parties in Libya on Friday agreed an historic ceasefire, which was hailed by the head of the UN Support Mission in the country...
Vietnam’s Coastline Urgently Needs New Resilience Development Strategy
The coastline of Vietnam is increasingly exposed to natural disasters, resulting in significant human and economic losses, but current risk management measures prove inadequate....
Recession Deepens as COVID-19 Pandemic Threatens Jobs and Poverty Reduction in Western Balkans
The COVID-19 pandemic has plunged the Western Balkans region into a deep recession, with drops in both domestic and foreign demand, coupled with disruptions...
Impact of COVID-19 on Commodity Markets Heaviest on Energy Prices
While metal and agricultural commodities have recouped their losses from the COVID-19 pandemic and are expected to make modest gains in 2021, energy prices,...
Pakistan: Stronger Public Financial Management and Digital Services to Support Growth
Today, the World Bank’s Board of Executive Directors approved $304 million in financing for Punjab Resource Improvement and Digital Effectiveness Program (PRIDE). The program...
Vietnam Signs Landmark Deal with World Bank to Cut Carbon Emissions
Vietnam’s Ministry of Agriculture and Rural Development signed a landmark agreement today with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking up to...
Collapsing consumer demand amid lockdowns cripple Asia-Pacific garment industry
The COVID-19 pandemic has triggered government lockdowns, collapsed consumer demand, and disrupted imports of raw materials, battering the Asia Pacific garment industry especially hard,...
UN chief calls for end to reported police brutality in Nigeria
The UN Secretary-General on Wednesday said he was closely following recent developments across Nigeria, in the wake of reports that protesters had been shot dead and wounded, and called for “an...
A few ‘green shoots’, but future of global trade remains deeply uncertain
Although global trade is making a frail recovery, the outlook remains uncertain, UN trade and development body UNCTAD said on Wednesday, in announcing its...
Burkina Faso ‘one step short of famine’
Unless access is urgently granted to humanitarian organizations, thousands in the Central Sahel will be “pushed into further destitution”, the UN emergency food relief agency warned on Monday.
Ahead of Tuesday’s High-Level Ministerial Conference on the...