Displaying items by tag: world bank

Prime Minister and Minister of Finance Winston Jordan with Mrs. Tahseen Sayed Mr. Jorge Familiar Mrs. Galina Sotirova Mrs Abha Prasad, Mr. Federico Baechili.

GUYANA | World Bank Partners with Guyana for New Oil Sector

GEORGETOWN, Guyana, November 12, 2018 - The World Bank's Regional Vice-President for Latin America and the Caribbean region Jorge Familiar has assured Prime Minister Moses V. Nagamootoo that his organization will support Guyana in its capacity building efforts as the country prepares for first oil.

November 12, 2018
Published in Business & Economy

Global Poverty Is Far More Extensive Than the World Bank Would Have Us Believe

The World Bank’s latest annual report on poverty and shared prosperity has an unsurprisingly positive message that only 10% of the world’s population lived in extreme poverty in 2015, which is the most recent year that available data allows for global poverty estimates to be made.

October 22, 2018
Published in World Economy

World Bank, IMF Address Advantages For Fintech For The Future

The “The Bali Fintech Agenda: A Blueprint for Successfully Harnessing World Bank Opportunities” was unveiled to government finance ministers and officials, including central bank representatives, who participated in the 2018 annual meetings of the International Monetary Fund and the World Bank Group held in Bali, Indonesia, from October 11 to 14.

October 15, 2018
Published in World Economy

ECCB | World Bank shows that a regional ferry service is feasible

Deputy Governor of the Eastern Caribbean Central Bank (ECCB), Trevor Brathwaite, says that a study conducted by the World Bank shows that a regional ferry service is feasible.

September 24, 2018
Published in Business & Economy

Remittance payments hit record in 2017: World Bank

WASHINGTON, United States (AFP) — The World Bank says remittances from immigrants back to their home countries rebounded to reach a new record in 2017, but the costs of transferring funds also increased .

April 28, 2018
Published in Diaspora

Newly appointed Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), and World Bank Country Manager for Jamaica, Galina Sotirova, exchange signed copies of the grant agreement to help vulnerable fishing communities. The signing took place at the Ministry on Wednesday .

JAMAICA | Vulnerable Fishing Communities to get help via World Bank

KINGSTON, March 30, 2018 - The Ministry of Finance and the Public Service and the World Bank have signed a US$4.875 million grant agreement to help vulnerable fishing and fish farming communities in Jamaica to adapt to climate change resilient practices.

March 30, 2018
Published in Agriculture

World Bank President Jim Yong Kim, left, and French President Emmanuel Macron. AP Photo/Francois Mori

Signaling more independence from the US, the World Bank phases out its support for fossil fuels

The World Bank, which provides developing countries about US$60 billion a year in financial assistance, is officially phasing out its support for the oil and gas industries.

March 11, 2018
Published in Energy

Finance and the Public Service Minister, Audley Shaw, on Thursday (March 8) formally announced that the Government will not be introducing new taxes to fund the 2018/19 Budget.

JAMAICA | No New Taxes to Fund 2018/19 Budget

KINGSTON, March 8, 2018 - Finance Minister Audley Shaw, on Thursday announced that the Government will not be introducing new taxes to fund the 2018/19 Budget, amounting to approximately $773.6 billion.

March 8, 2018
Published in local news

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