Stronger Investment and Export Growth Continue to Strengthen Indonesia’s Economy

JAKARTA, December 14, 2017 — The Indonesian economy continued to expand at a solid pace during the third quarter of 2017 helped by commodity tailwinds and stronger domestic and external demand, according to the World Bank’s December 2017 Indonesia Economic Quarterly.

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Real GDP growth increased from 5.0 percent in the second quarter to 5.1 percent in the third quarter of 2017. Investment growth rose to its highest level in more than four years and foreign direct investment recorded the largest net inflow in more than seven years. Export and import volumes registered double-digit growth for the first time since 2012.

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World Bank Group will no longer finance upstream oil and gas after 2019

Paris, 12 December, 2017 – At the One Planet Summit convened by President Emmanuel Macron of France, United Nations Secretary General Antonio Guterres, and World Bank Group President Jim Yong Kim, the World Bank Group made a number of new announcements in line with its ongoing support to developing countries for the effective implementation of the Paris Agreement’s goals.

 

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Towards a Climate-Smart World: 12 Ways for a Resilient Future

In early 2016, the Fiji province of Ra was hit by Cyclone Winston, the biggest storm ever cycloon.pngrecorded in the Southern Hemisphere, impacting 62% of the Fiji population and caused F$2 Billion in damage (20% of GDP). It killed 44 people, injured hundreds and left 131,000 people homeless. The Category 5 storm first made landfall in Ra, leaving its communities completely devastated. Cyclone Winston was an example of new enemies facing communities. Enemies that are linked to climate change.

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Getting to financial close on PPPs: Aligning transaction advisor payment terms with project success

Getting to commercial close on a Public-Private Partnership (PPP) transaction is a major 2363688612_6d71737477_bmilestone. But the deal is far from done. Getting from commercial close to financial close involves satisfying a long list of PPP contract Conditions Precedent, the terms, and conditions of lenders, among other requirements. The process is tricky and involves a lot of heavy lifting, particularly in emerging markets where the market for PPPs and supporting institutional structures may not yet be robust. None of this is news. Continue reading

Opening doors: How national IDs empower women cross border traders in East Africa

When Agnes became a young widow with four children still to raise, many people in her community thought she would have to take her children out of school. 1_VKgpfpebYFgjXAUoKewFVg But education is important to Agnes and to support her family, she turned to business and became a cross border trader.

“I buy millet in Uganda and sell it in Kenya,” she explains. “In Kenya, I buy sugar and then bring back to Uganda.”

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‘Learning for All’ Must Include Children with Disabilities

December 1, 2017– While the developing world has made strong progress towards disabled_children_masaru_goto_world_bank.jpg
universal primary education, education is still largely an unfulfilled dream for millions of children with disabilities. Leroy Philips, a youth leader and radio broadcaster from Guyana, recalls what it was like growing up blind.

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eC2: DEVELOPING AN INFRASTRUCTURE AND PPP SCREENING TOOL FOR INDONESIA

PPPsDeadline: 11-Jan-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: SCOPE OF WORK: Under this consultancy work, a Multi-Sector Screening and Prioritization Tool for proposed infrastructure projects (from the 19 infrastructure sectors as defined in Perpres 38/2015), will be developed for the Indonesia’s Ministry of National Development Planning (BAPPENAS).

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Stronger together? Reflections on an 11-year journey through water reform

It’s now 2017 and I’m in Washington DC at the latest leg of my journey. Just a few days ago the World Bank’s Water Global Practice launched a toolkit and background report that explores why, when and how water utilities can work together to provide better services. This is the culmination of a years-long team effort and, for me, a particular satisfaction to have even more evidence to inform our policy advice on the matter. As often, the conclusions are more nuanced than my (and many of my colleagues’) Cartesian mind would like. The success of an aggregation depends very much on your starting point and what you are trying to achieve, and so you really need to think about those two points as you design your reform process…. But I don’t want to give all the insights away – check out the toolkit, discover the case studies, listen to the interviews and read the report if you want to know more!

HYDRO

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eC2: Sectoral Water Use Assessment for Adaptive Allocation and Valuing Water in Tanzania

Deadline: 08-Jan-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The Bank is carrying out analytical study on Tanzania freshwater resilience, which will underpin institutional reform and future on-the-ground investment for water resources management. A core activity of this study is to assess water use of the major sectors, namely, agriculture and industry, in Tanzania. The agricultural and industrial sectors are the major economic drivers of the country representing the biggest and most rapidly expanding users of water resources.

 

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eC2: Support to the Government of Uganda for a Capacity Building Program for Implementing PPPs

Deadline: 14-Dec-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The Finance and Markets Global Practice and the Infrastructure, PPPs and Guarantees (IPG) Group of the World Bank, supported by DFID, intend to engage the services of a consulting firm qualified and experienced in PPP related technical, financial, institutional and legal work to develop and deliver a comprehensive training program for relevant government entities and other relevant stakeholders in PPPs and infrastructure financing. The services expected are described in the Terms of Reference.

Beautiful-Places-Uganda

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