Monday , October 14 2019
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Tag Archives: World Bank

WORLD BANK: Agriculture key to ending poverty in Uganda

  ✳ Discontinue the fragmentation of districts (if possible, consolidate to reduce administrative costs). ✳ Government’s outsized role in the agriculture sector leaves little room for private sector participation. ✳ Technical inefficiencies pervade delivery of subsidized inputs, procured by the NAADS and distributed by the OWC to farmers. ✳ Rather …

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Worsening water quality reducing economic growth –World Bank

  Kampala, Uganda | THE INDEPENDENT | The world faces an invisible crisis of water quality. Its impacts are wider, deeper, and more uncertain than previously thought, according to a new report by the World Bank. The bank cautions that deteriorating water quality worldwide is slashing the economic potential of …

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Museveni asks public universities staff to resume work

Nakaseke,  Uganda | THE INDEPENDENT |  More than 50 health workers at Nakaseke hospital are on the verge of being evicted from staff quarters due to poor hygiene. Government with support from World Bank injected about Shillings 17.6 billion in the renovation of Nakaseke hospital. The construction work included the renovation of …

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Parliament committee cautions gov’t on expensive China loans

Kampala, Uganda | THE INDEPENDENT | The National Economy committee of Parliament has asked the government to scale down debt contracting to only projects that have high economic and financial returns, and target cheaper concessional loans to finance investments. According to the committee, as the country’s external debt position faces …

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World Bank deploys $300 mn to DR Congo to contain Ebola outbreak

Washington, United States | AFP | The World Bank announced Wednesday it was deploying another $300 million in crisis aid for DR Congo to help contain the year-old Ebola outbreak. The financing comes after the World Health Organization (WHO) last week declared the current outbreak a Public Health Emergency of International …

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I.Coast must overhaul key cocoa sector: World Bank

Abidjan, Ivory Coast | AFP |  Ivory Coast, the world’s largest cocoa producer, earns just a fraction of the crop’s potential value and must process it domestically and develop its distribution to fully reap the benefits, a World Bank report said Thursday. Cocoa accounts for 40 percent of the West African …

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WORLD BANK: Uganda should invest more in education

Uganda Economic Update: Investing $2 Billion Will Put One Million More Children in School Kampala, Uganda | THE INDEPENDENT | An increase in government spending on education would improve enrollment and the quality of learning in Ugandan schools, raising the human capital necessary to sustain productivity and economic growth, according to the …

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Ugandan children can only achieve 38% productivity as adults

Kampala, Uganda | THE INDEPENDENT | Uganda is not spending enough on developing the future productivity of its citizens. Consequently, a child born in Uganda will only be 38 per cent as productive when they grow mainly because they don’t enjoy complete and good quality education and full health, a study …

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World Bank provides $150m for refugees and host communities

  Kampala, Uganda | THE INDEPENDENT | The World Bank’s Board of Executive Directors approved a grant of $150 million in additional financing from the International Development Association (IDA) to boost an ongoing project to improve access to basic social services, expand economic opportunities, and enhance environmental management targeting both …

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