World Bank Group Trust Funds and other Financial Instruments

In fiscal year 2021 The World Bank Group (WBG) disbursed about $3.6 billion dollars ofdownloadTrust Fund contributions through development partners, IBRD, IDA and the IFC. Trust fund resources complement World Bank operations, expanding their scope and reach and supporting their quality. They promote increased development effectiveness and enable the World Bank to provide assistance when its ability to lend is limited, including in fragile and emergency situations, and for countries in arrears and to non-member countries. Trust Funds also contribute to the World Bank’s knowledge agenda by financing close to two-thirds of its advisory services and analytics products as well as technical advisory services for clients. Trust Funds attract new sources of finance and promote innovative financial solutions in support of the global public goods agenda, including combating climate change and addressing the challenges of fragility, conflict, violence, forced displacement and pandemics.

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Where does the money go? Examining public spending in Afghanistan

Public spending in Afghanistan is equal to more than half of the economy’s output.210415_kabul_national_institute_of_management_and_aministration_nima_003 Government and international partners spend around $11 billion, in an economy that produces around $19 billion of output per year .

With such high levels of public spending, it’s worth understanding where all that money is going. We try to provide some answers in our new Public Expenditure Update. Continue reading

Applications open for third round of funding for collaborative data innovation projects

The Global Partnership for Sustainable Development Data and the World Bank uganda-cncDevelopment Data Group are pleased to announce that applications are now open for a third round of support for innovative collaborations for data production, dissemination, and use. This follows two previous rounds of funding awarded in 2017 and earlier in 2018.

This initiative is supported by the World Bank’s Trust Fund for Statistical Capacity Building (TFSCB) with financing from the United Kingdom’s Department for International Development (DFID), the Government of Korea and the Department of Foreign Affairs and Trade of Ireland.

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