U.S. President-elect Joe Biden met virtually Wednesday with American small-business owners and workers who have been impacted by the economic slowdown caused by the coronavirus pandemic.
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New technologies like artificial intelligence, machine learning, robotics, big data, and networks are expected to revolutionize production processes, but they could also have a major impact on developing economies.
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The British Embassy in Morocco and the World Bank signed today a £217,000 (MAD 2.6 million) agreement to provide technical assistance to Morocco’s Ministry of National education, vocational training, higher education and scientific research.
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In support of Tajikistan’s efforts to strengthen the efficiency, accountability, and transparency of public expenditure, especially critical in the current COVID-19 context, the World Bank’s Board of Executive Directors approved today $6 million in additional financing for the Public Finance Management Modernization Project II (PFMMP-II).
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Almost half of the population in Central Asia is not digitally connected, missing out on employment opportunities, falling behind in learning and not receiving adequate healthcare, said World Bank representatives during an online briefing on “COVID-19 and the Digital Divide in Central Asia” today.
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Increasing government spending on health and education over the next five years will enable Uganda to enjoy a demographic dividend that comes with a fast-growing young population, according to the World Bank’s latest Uganda Economic Update.
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COVID-related school closures risk pushing an additional 72 million primary school aged children into learning poverty—meaning that they are unable to read and understand a simple text by age 10—according to two new World Bank reports released today.
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The Asian Development Bank (ADB) has approved a $40 million grant for a project to make one of Samoa’s most critical roads safer, more efficient, climate-resilient, and sustainable.
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The Asian Development Bank (ADB) has approved a $154.4 million grant to boost the supply of power in Afghanistan by extending the country’s power grid into the western provinces of Herat and Farah, ensuring access to electricity for vulnerable communities in those provinces.
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A partnership between Egyptian National Railways (ENR), the European Bank for Reconstruction and Development (EBRD) and Egypt’s National Council for Women (NCW) is making the Egyptian rail network safer for female passengers.
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