The global outlook foresees a moderate slowdown in economic activity, with lingering
downside risks. Global trade growth has weakened, while investment prospects have softened; both of these remain important engines of growth, productivity, innovation, job creation and sustainable development. Debt vulnerabilities persist, and policy uncertainty is weighing on confidence. For developing countries, it is important to adopt growth-enhancing policies while containing risks and protecting the most vulnerable. The World Bank Group, in partnership with the International Monetary Fund, is able to help countries in addressing these concerns.
Monthly Archives: April 2019
Spring Meeting Recap
Did you the miss the Spring Meeting Events? 
President David Malpass opening remarks.
Each Spring, the Boards of Governors of the World Bank Group and International Monetary Fund (IMF) hold Spring Meetings to discuss a range of issues related to poverty reduction, international economic development and finance. World Bank Live brings #WBGMeetings experience straight to you wherever you are in the world.
World Bank/IMF Spring Meetings 2019: Development Committee Communiqué
eC2: Social Protection Fund Flow Analysis
Deadline: 22-Apr-2019 at 11:59:59 PM (Eastern Time – Washington D.C.) 
The objective of this assignment is to map the process and trace the actual flow of funds for select social safety net programs implemented by the Government of Bangladesh, from the central level to the hands of the beneficiaries.
Paying for development – Governments are sitting on a ‘goldmine’
Investments in human, social, and physical capital are at the core of sustainable and inclusive growth – and represent an important share of national budgets.
At the World Bank Group we have been at the forefront of the so-called Financing for Development (FfD) agenda to leverage public, private, international, and domestic sources of capital to help reach the global goals. A short primer on our efforts–which builds on the 2015 Development Committee paper Billions to Trillions – Transforming Development Finance–can be found in the brochure entitled Financing for Development at the World Bank Group.
The Netherlands, World Bank join forces to boost domestic resource mobilization in Africa, the Middle East
WASHINGTON DC, APRIL 11th, 2019.- Senior representatives of the Kingdom of the Netherlands and the World Bank today signed an agreement for USD 7,000,000 to
support developing countries’ efforts in mobilizing much-needed public domestic resources to achieve the Sustainable Development Goals, particularly in Africa and the Middle East.
The four-year agreement aims at boosting domestic resource mobilization while strengthening tax policy and administrative capacity in selected countries in North, Western, and Central Africa, as well as in the Middle-East. Some countries that may benefit from this agreement include: Benin, Burkina Faso, Chad, Côte D’Ivoire, Ghana, Liberia, Niger, Nigeria, Senegal, Ethiopia, Kenya, Iraq, Jordan, and Lebanon.
eC2: CONSULTING SERVICES TO IDENTIFY FUTURE SMART GRID OPTIONS AND ROADMAP FOR TEIAS TRANSMISSION NETWORK
Deadline: 18-Apr-2019 at 11:59:59 PM (Eastern Time – Washington D.C.) 
The shortlisting criteria are:
Experience in transmission network levels design, implementation, and/or operation relating to substation protection system, SCADA system, and/or status monitoring system in a central dispatching center. Primary nominal voltage shall be equal to or higher than 220kV.
Assessment of engagements in financial services for basic service delivery (solar, water and education)
Deadline: 18-Apr-2019 at 11:59:59 PM (Eastern Time – Washington D.C.) 
The objective of the research is to assess the extent to which CGAPs efforts were successful in influencing and contributing to the development of early applications of digital payments for the delivery of services such as solar energy, education and water in developing countries. The assignment will consist of an in-depth review and assessment of the CGAPs influence in the off-grid solar energy sector, and a more limited assessment for the education and water industries. The research will include a mix of secondary and primary research.
Spring Meeting Speakers
eC2: Trade Finance Training- East Africa
Deadline: 18-Apr-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)
FIG AS is looking to recruit an experienced consultant to roll out a Trade Finance training program that will be developed based on that developed under IFCs Global Trade Finance Program (GTFP). The objective of the capacity building program is to: (i) upgrade skills in structuring both basic and complex trade finance transactions; (ii) improve knowledge in the ICC trade finance publications as well as trade finance risk mitigation techniques; (iii) upgrade operational and technical product skills of trade finance back offices; and (iv)transfer current international best practices in trade finance to local markets (v) guide the team to grow trade business i.e. target and penetrate trade rich segments. The program will be rolled out to 100 staff in 4 sessions of a maximum of 4 days per week.
World Bank’s Executive Directors Select David Malpass 13th President of the World Bank Group
WASHINGTON, April 5, 2019 – The Executive Directors of the World Bank today
unanimously selected David R. Malpass as President of the World Bank Group for a five-year term beginning on Tuesday, April 9, 2019. The Board expressed its deep gratitude to Interim President Kristalina Georgieva for her dedication and leadership in recent months.
The Executive Directors followed the selection process agreed in 2011. The process included an open, transparent nomination where any national of the Bank’s membership could be proposed by any Executive Director or Governor through an Executive Director. This was then followed by thorough due diligence and a comprehensive interview of Mr. Malpass by the Executive Directors.
Development Goals. Mobilizing the necessary resources remains central to its success.
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