Growth and Stability During Crises
Delivered in Niamey, hosted by the Abdou Moumouni University of Niamey
at the Gandhi Conference Center, March 30, 2023
Growth and Stability During Crises
Delivered in Niamey, hosted by the Abdou Moumouni University of Niamey
at the Gandhi Conference Center, March 30, 2023
WASHINGTON, March 23, 2023—World Bank Group President David Malpass today announced a new approach to strengthen private sectors and the delivery of Private Capital Facilitation in World Bank Group operations and knowledge work aimed at increasing growth and the resources available for development and climate costs.
Letter from USAID
Dear Partners,
The purpose of this letter is to remind prime contractors and recipients of their responsibilities to report certain subawards and subcontracts in the Federal Funding Accountability and Transparency Act (FFATA) Subaward Reporting System (FSRS), available at FSRS.gov.
The cabinet wants to install the first large-scale green hydrogen production at sea in
the North Sea, north of the Wadden Islands. The production location will be located next to two wind farms and should be operational around 2031. The green hydrogen is brought ashore through pipelines.
From January 2020 until recently, COVID-19 dominated international headlines and our
thoughts. Europe and Central Asia were severely hit by COVID-19, facing among the highest excess death rates in the world.
Domestic food price inflation remains high around the world. Information from the latest month between October 2022 and January 2023 for which food price inflation data are available shows high inflation in almost all low- and middle-income countries, with inflation levels above 5% in 88.9% of low-income countries, 87.8% of lower-middle-income countries, and 93.0% of upper-middle-income countries and many experiencing double-digit inflation. In addition, about 87.3% of high-income countries are experiencing high food price inflation. The countries affected most are in Africa, North America, Latin America, South Asia, Europe, and Central Asia.
We know that when used wisely and transparently, debt is important to finance
development.
Ahead of International Women’s Day on March 8, I want to share an update on the World
Bank Group’s work on gender.
Addressing critical gender gaps, including female labor force participation, offers an opportunity to boost incomes and stimulate growth. Research from the World Bank has repeatedly made clear that accelerating gender equality can generate significant economic gains.

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