DAVAO CITY, November 28, 2014—The World Bank Group (WBG) is scaling up assistance for rural development and job creation in Mindanao under its new Country Partnership Strategy (CPS) in support of the peace process in the southern part of the country.
The WBG is supporting two new government projects this year that have allocated about P14 billion pesos to boost community-driven development projects, build rural infrastructure, and expand livelihood opportunities for farmers and fisher folk in Mindanao.
Public procurement is not among the most popular topics in development circles. However, consider just these three ways in which procurement is probably one of the most indispensable elements that make up a truly capable state:
First, without effective procurement, hospitals wait for drugs, teachers for textbooks, and cities for roads. Whenever a news item surfaces about drugs shortages in hospitals, schools without textbooks or failing road networks, the reader may be looking at a procurement problem. Without efficient procurement, money gets wasted on a very large scale. Many developing countries channel significant proportions of their budgets through the procurement system – even marginal savings can add up very fast. Third, public procurement is a part of the government that citizens see every day. Lack of transparency and corruption in procurement directly affects citizens, and the losses to corruption are estimated in the billions of dollars every year. Corruption in procurement is a big problem that affects rich countries as well.
Préstamo del BID de US$100 millones financiará mejora de caminos vecinales; apoyará aumento en la producción y beneficiará a 1,3 millones de personas
Paraguay mejorará la conectividad de la zona rural de los departamentos de la Región Oriental, a través de un programa de mejoramiento de caminos vecinales que será financiado con un préstamo del Banco Interamericano de Desarrollo (BID) de US$100 millones, de los cuales US$50 millones provienen de su capital ordinario y US$50 millones del Fondo Chino de Cofinanciamiento para América Latina y el Caribe.
WASHINGTON, November 25, 2014– The World Bank Group’s Board of Executive Directors today approved a $US70 million International Development Association (IDA)* credit to help Cote d’Ivoire improve deployment and quality of health services in selected regions, with a focus on maternal, newborn and child health and nutrition services.
Today’s financing will support the Health Systems Strengthening and Ebola Preparedness project and part of the funds ($10.0 million) is aimed at promoting Cote d’Ivoire’s pro-active measures to prevent the spread of Ebola.