This is a statement by Mr. Mohamed Boussaid, Minister of Economy and Finance of the Kingdom of Morocco, on behalf of the Constituency of Afghanistan, Algeria, Ghana, the Islamic Republic of Iran, the Kingdom of Morocco, Pakistan, and Tunisia at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
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This is a statement by Mr. Guy Ryder, Director-General, International Labour Organization, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
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This is a statement by H.E. Ahmed Bin Mohammed Al-Khalifa, Minister of Finance, Kingdom of Bahrain, on behalf of Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syria, United Arab Emirates, Yemen, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He emphasizes sustainable development and slow growth shared within and between member countries.
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This is a statement by Mr. Gunnar Bragi Sveinsson, Minister for Foreign Affairs, Iceland, on behalf of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He discusses social inclusion and human rights, a foundation for shared prosperity, gender equality as a right in itself and as smart economics, environmental sustainability, and natural resources.
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This is a statement by Mr. Pravin J. Gordhan, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + The report states the improvement of economic prospects and growth in high-income countries; the progress made to date in aligning the institution to achieve the goals endorsed by governors at the last spring meetings; International Development Association's (IDA's) strong and more targeted investments in regional transformational projects in Sub-Saharan Africa (SSA) as an important component to shaping the future of sustainable growth on the continent; and the progress report on the implementation of the recommendations of the Sendai report and commend the increased integration of disaster risks management (DRM) into policy and investment operations, as well as in country partnership strategies across the Bank Group.
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This is a statement by Mr. Koen Geens, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014. The report states growth in the post-crisis global economy: policy challenges for developing countries; and mainstreaming disaster risk management in World Bank Group operations.
... Vea más + It recognizes the efforts deployed in incorporating disaster risk management into the new country partnership framework model, thereby better informing policy and investment decisions.
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This is a statement by Anton Siluanov, Minister of Finance of the Russian Federation, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He discusses growth in the post-crisis global economy concerning policy challenges for developing countries.
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This is a statement by Honarable Alexander B. Chikwanda, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + Sub-Saharan Africa (SSA) has continued to maintain a strong pace of economic growth on account of robust domestic demand and capital inflows. This trend is expected to continue as investments in infrastructure increase. This notwithstanding, poverty and unemployment remain high, and the uncertain global environment has only served to compound the risks to economic development. Achievement of sustainable and inclusive development under these conditions requires concerted efforts by governments and the development community in general.
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This is a statement by Mr. Daniel Kablan Duncan, Prime Minister and Minister of Economy and Finance, Republic of Côte d'Ivoire, on behalf of the Group II African Countries, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + His statement focuses primarily on the topics appearing on the agenda of the April 12, 2014 meeting, namely (i) Growth in the Post-Crisis Global Economy: Policy Challenges for Developing Countries; and (ii)) the Progress Report on Mainstreaming Disaster Risk Management in World Bank Group Operations.
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The World Bank has recently defined two strategic goals: ending extreme poverty and boosting shared prosperity. Shared prosperity is measured as income growth among the bottom 40 percent of the income distribution in the population.
... Vea más + The two goals will be achieved in a way that is sustainable from economic, social, and environmental perspectives. This publication focuses on the second goal and proposes a framework that integrates both macroeconomic and microeconomic elements. The macro variables, particularly changes in relative prices, affect income growth differentially along the income distribution; at the same time, the microeconomic distribution of assets at the bottom of the distribution determines the capacity of the bottom 40 to take advantage of the macroeconomic environment and contribute to overall growth. Growth and the incidence of growth are thus understood as jointly determined processes. Besides this integration, the main input of the framework is the finding that the trade-off between growth and equity may be an issue only in the short run. Over the long run, redistribution policies that increase the productive capacity of the bottom 40 percent enhance the overall growth potential of the economy. This report considers shared prosperity in Europe and Central Asia and concludes that the performance in sharing prosperity during the period 2000-2010 was good, on average, but heterogeneous across countries and that sustainability is unclear. It also describes examples of the application of the framework to selected countries in the region. Finally, the report provides a tool to structure the policy discussion around the goal of shared prosperity and explains that specific policy links associated with the goal can be established only after a thorough analysis of the country-specific context.
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The objectives of the Social Safety Net Project for Senegal are to support the establishment of building blocks for the social safety net system and to provide targeted cash transfers to poor and vulnerable households.
... Vea más + The project has two components. (1) Support to the development of the social safety net system component will support the government in the development of the social safety net system, as part of a national social protection framework. This component will support (i) the development of core instruments and procedures that will form the backbone of a social safety net system, and (ii) the strengthening of the institutional capacity of the Social Protection Delegation (DGPSN) and sectoral actors of the social safety net system. (2) Support to the national targeted cash transfer program for poor and vulnerable households component will support the expansion and strengthening of the National Cash Transfer Program (PNBSF). This component will finance: (i) monetary transfers to PNBSF beneficiary households; (ii) accompanying measures put in place by the DGPSN, sectoral actors and local institutions; and (iii) selected program management and evaluation costs.
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Documento de evaluación inicial de proyecto 83965 APR 03, 2014
The objective of the Second Port Cities Development Project for Yemen is to improve access to, and the efficiency of, select public infrastructure in the three port cities of Aden, Hodeidah, and Mukalla.
... Vea más + Despite the level two restructuring in February 2013 and the cancellation of US$5.86 million from the original International Development Association, or IDA grant of US$35 million equivalent, implementation pace is not adequate to ensure that the project (US$29.18 million equivalent) would be delivered satisfactorily by the planned closing date of July 25, 2015. For this reason, the team has rated the PDO, IP and safeguards as moderately unsatisfactory. The implementation delay is related to Yemen's 2011 crisis, which caused IDA to stop disbursement between July 2011 and January 2012; the overall price increase for local goods, works and services after the crisis, and the need to cancel the project's original round of bidding (for goods, works, services), which had been completed before the crisis, as after the crisis the winning bidders refused to sign contracts based on their original bid prices. Secondly, there is a lack of proactivity by the Aden-based project implementing unit to speed up project implementation. Through a letter dated February 23, 2014, the Government has requested to: 1) continue only with the three ongoing transport-focused works contracts as well as the related three supervision contracts (US$18.14 million) and cancel all other non-progressing activities (works, technical assistance), which had been allocated for investments in rehabilitating district markets in Aden and in upgrading Hodeida's Al Beidha AlShimaliah informal settlement. This will simplify the project and allow it to focus entirely on those activities where implementation is ongoing in order to advance their implementation progress; 2) reverse the canceled funds (US$6.96 million) back to the general grant pool for Yemen to be used according to new priorities of the Government of Yemen; and 3) adjust the results framework and move the closing date forward, based on the above changes.
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The development objectives of the Integrated Urban Development Project for Yemen are to: (i) improve access to basic services in select informal settlements in urban areas in Taiz; and (ii) strengthen dialogue on national framework for urban upgrading.
... Vea más + This restructuring will bring the following changes: (i) the project development objective (PDO) will be modified to reflect the project's reduced scope after the cancellation of investments and technical assistance in component one and two and the PDO indicators and intermediate results indicators will be revised; (ii) cancellation of: (a) in component one, the rehabilitation of the geography information system (GIS) building, and the social expertise for the ongoing infrastructure investments, (b) in component two, the development of a national framework for urban upgrading, and the support for accounting-based financial management information (AFMIS) in Taiz, and (c) from component three, the project management units (PMU) staff is reduced to the safeguards specialist with an assistant; and (iii) the project's closing date will be advanced to the last completion date of the ongoing three works contracts from September 30, 2015 to March 31, 2015.
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