ADB to Scale Up Support for Philippines’ Infrastructure, Health, Job Recovery
ADB sovereign lending to the Philippines is expected to reach $9.4 billion between 2021 and 2023, with at least two-thirds going into infrastructure, health,...
Brazil: Reforms to spur competitiveness would strengthen COVID-19 recovery
Brazil was pulling out of a long recession when the COVID-19 outbreak hit, bringing the economy back into another, even deeper recession. However, swift...
Malaysian economy showing signs of recovery, projected to grow by 6.7 percent in 2021
Malaysia’s economy is expected to grow by 6.7 percent in 2021 following a projected contraction of 5.8 percent in 2020 caused by the COVID-19...
Iceland should step up efforts to detect and enforce its foreign bribery offences
Detection of foreign bribery, as well as awareness of related risks, are still lacking in Iceland. In spite of having been one of the...
COVID-19 is a threat to peacebuilding in conflict-affected nations
The ongoing COVID-19 crisis uniquely complicates peace and reconstruction efforts in conflict-affected countries, jeopardizing public health responses and threatening peacebuilding efforts.A joint report co-authored...
Employers must remove barriers to work for all generations
Governments and employers should work together to promote multi-generational workforces to adapt to ongoing changes in the world of work that have been accelerated...
Georgia Launches This Year’s Best Annual Report and Transparency Award
The European Union and World Bank joint project - Georgia Financial Inclusion and Accountability – in partnership with the National Reforms Support Foundation in...
EU: A common agenda for our recovery and renewed vitality
Commission President Ursula von der Leyen, European Parliament President David Sassoli and Chancellor Angela Merkel, on behalf of the Presidency of the Council, signed...
Russia’s Economy Loses Momentum Amid COVID-19 Resurgence
The Russian economy contracted in quarter 2 by 8 percent and quarter 3 by 3.4 percent. This negative momentum is expected to continue in...
Madagascar Needs Bold Reforms to Reopen the Country
The latest World Bank economic update for Madagascar estimates that the economy contracted by 4.2 percent in 2020 due to COVID-19 disruptions to global...