The World Bank group recently appointed a new Chief Procurement Officer, Hiba Tahboub. 
Hiba Tahboub is the Chief Procurement Officer (CPO) of the Operations Policy and Country Services (OPCS) Vice-Presidency of the World Bank since September 2024. In this role, Hiba is strengthening the implementation of the Procurement Framework while supporting further innovation and alignment across Multilateral Development Banks (MDBs.) She champions simplification and efficiency in procurement processes while enhancing value-adding approaches and provides strategic oversight of operational procurement work across all regions, in support of the Bank’s corporate priorities. Since Ms. Tahboub just started and we haven’t provided a written procurement ( only webinar ) update we would like to share with you the following updates on operational and corporate procurement.
Tag Archives: World Bank Group
Recap: IMF & WBG Annual Meetings 2024
From October 22 to 26 the World Bank Group (WBG) and International Monetary Fund
(IMF) Annual Meetings took place in Washington D.C.:
This year the Minister for Foreign Trade and Development Aid (BHO), Reinette Klever, could not attend and was represented by Finance Minister, Eelco Heinen. Beyond that numerous other Dutch Government and Banking Officials (including from Aruba and Curacao) were present.
Haiti’s food crisis needs long-term solutions
Imagine being hungry but feeling too scared to go outside your home to buy food. And even if you
venture to the store, you might find empty shelves because farmers and food suppliers dare not stock them.
This is the daily horror many Haitians face as armed gangs rampage in cities and the countryside. Five million Haitians, or nearly half the population, are going hungry and thousands are imperiled by famine.
New Hope: Ethiopia’s Bold Move Grants Refugees the Right to Work
In a bustling marketplace on the outskirts of Addis Ababa, Lula Maygag Guray’s food stall hums
with activity. The smell of injera and samosa draws a crowd each day. However, ever since she arrived in Ethiopia, Lula has run her business informally because she did not have the right to work as a refugee. Continue reading
Why economic inclusion is key to reducing poverty and empowering people
As the world grapples with complex global concerns like poverty, inequality, and climate change,
it’s the poorest communities that are often hardest hit and the most challenging to support.
To address these pressing issues, the World Bank Group has set ambitious goals to provide social protection measures to at least 500 million people by 2030, including 250 million women.
Multilateral Development Banks to Boost Climate Finance
BAKU, 12 November 2024 – Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.
World Bank Expands Lifeline to Small States hit by Disasters
BAKU, November 12, 2024—The World Bank Group has expanded its lifeline to countries struggling to rebuild from disasters, allowing small, vulnerable states to postpone loan and interest repayments after a catastrophic event—so governments can focus on recovery rather than paying off debt.
1.2 Billion People at High Risk from Climate Change Worldwide
Oversupply Could Mute Effects of Wider Middle-East Conflict on Oil Prices
Global Commodity Prices Set to Fall Through 2026 Amid Historic Oil Glut
WASHINGTON, October 29, 2024—Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut that is so large that it is likely to limit the price effects even of a wider conflict in the Middle East, according to the World Bank’s latest Commodity Markets Outlook. Even so, overall commodity prices will remain 30% higher than they were in the five years before the COVID-19 pandemic.
How to build more livable cities for a livable planet
As we mark World Cities Day, we are reminded that livable cities are key to a livable planet.
For most of us, cities are our homes and workplaces. Today, nearly 60% of the world’s population lives in cities—a share that will rise to almost 70% by 2050. Cities are also a key driver of national growth and development, accounting for more than 80% of global GDP and almost 90% of private sector job creation.
Netherlands for the World Bank 
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