The World Bank currently has a portfolio totaling approximately US$20 billion in the MENA region. The portfolio covers a diverse range of sectors such as agriculture, energy, education, the environment, health, social protection, trade and transportation The MENA Economic Update (previously known as MENA Economic Monitor) supplements the World Bank's Bi-annual MENA Quarterly Economic Brief and presents the short term, macroeconomic outlook and economic challenges facing the countries in the Middle East and North Africa region. April 2021: Living with Debt: How Institutions Can Chart a Path to. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries
MENA Crisis Tracker - 4/13/2021 The MENA Crisis Tracker is a weekly newsletter that provides information on public health indicators, expected economy-wide losses, and social consequences of the ongoing COVID-19 crisis in the Middle East and North Africa. COVID-19's spread, fatality, and economic costs are particularly difficult t MENA countries will require ~$1.2B Reaching (~50%) will require ~$4.2B Reaching (~70%) will require ~$6.2B 1. Including health care workers , people 65+ and adult with co-morbidities 2. Significant level of uncertainty, to be discussed in Workshop 6 Source: World Bank, Gavi, WHO, Press Research, BCG Expertise Cost of vaccinating 20% Cost of vaccinating 50 MENA Economic Monitor. April 17, 2017 — Plagued by war, violence, and low oil prices, economies in the Middle East and North Africa region will see growth of 2.6% in 2017, down from 3.5% in 2016, according to the World Bank's semi-annual MENA Economic Monitor. Read More » Learn how the World Bank Group is helping countries with COVID-19 (coronavirus)
rom Morocco to Iran, the World Bank's Middle East and North Africa (MENA) department is changing to provide better and quicker services to the clients. One of the most important changes underway is decentralization, which shifted staff and decision-making to the country offices. The post of Regional Director for the Middle East was recentl As well as the ITU Digital Toolkit, the DigComp framework 2.1 is being adopted the most in the World Bank, our partners, and other multilateral organizations. With its emphasis on developing the skills needed for the larger share of the global labor market, this framework is arguably the most relevant to our clients in MENA 2020 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.or De senaste tweetarna från @worldbankmena
This report, produced for a World Bank project on energy efficiency in the Middle East and North Africa (MENA) region, includes detailed case studies of policy and regulatory mechanisms implemented in six countries and regions to enable utilities to assist their customers to use electricity more efficiently the World Bank's MENA COVID-19 vaccination strategy workshop series We will be starting shortly Here are some ways to engage with us today We want to hear from you; •If you have questions or comments to share during the presentation, please share your thoughts using the Zoom chat feature •Our team will monitor the questions and share the According to a recent World Bank study, in more than half of the countries in MENA, women are prohibited from working in specific industries. Furthermore, in 65% of the countries in the region, working outside of the house is perceived to be inappropriate and immoral for women (figure 2)
World Bank economists expect economic growth in the Middle East and North Africa (MENA) to continue at a modest pace of about 1.5 to 3.5 percent during 2019-2021, with some laggards and a few emerging growth stars. In late 2018, The World Bank called on the leaders of the Middle East and North Africa (MENA) to aim high AMMAN — The Spring 2021 World Bank MENA Economic Update showed that the substantial borrowing MENA governments had to incur to finance essential health and social protection measures increased government debt dramatically.The report titled Living with Debt: How Institutions Can Chart a Path to Recovery in the Middle East and North Africa examined both the region's economi
World Bank - UNHCR MENA Study: COVID-19 Compounding Misfortunes. Download (PDF, 2.97 MB) Document Type: Situation Reports / Updates , COVID-19. Document Type: English. Published: 17 December 2020 (4 months ago) Uploaded World Bank (2009)3 provides rich evidence on how a few politically connected firms in MENA countries, by capturing the processes of policy formulation and implementation, 1 These include: Rijkers, Freund, Nucifora (2014); Schiffbauer, Diwan and Keefer (2013); Jobs or Privileges World Bank Sees MENA Debt Rising At Fastest Pace in 21st Century By . Abeer Abu Omar. April 2, 2021, 9:00 AM EDT Economic output will not reach pre-pandemic levels this yea Our projects help create opportunities and deliver results that change lives. The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries Consultant, World Bank Education Global Practice and MENA Team. More Blogs By Nicole. Join the Conversation. Your name. Email. The content of this field is kept private and will not be shown publicly. Comment. About text formats. Save. x. This site uses cookies to optimize functionality and give you the best possible experience
Chief Economist for the Middle East and North Africa region of the World Bank.The series aims to enrich the debate on the major development challenges and opportunities the region faces as it strives to meet the evolving needs of its people.The following reports in the series are available online at www.worldbank.org/mena Various indicators for MENA countries to get an overview of the countries energy and economic profiles. The indicators are organized in 6 categories: economic indicators, energy indicators, oil indicators, gas indicators, electricity indicators & energy efficiency indicators Disclaimer Official delimitation of areas and borders are being updated and might not reflect the official position of the World Bank Group. Country borders or names do not necessarily reflect the World Bank Group's official position. This map is for illustrative purposes and does not imply the expression of any opinion on the part of the World Bank, concerning the legal status of any country.
Source: World Bank, MENA Chief Economist Office 2016 Overreliance on energy exports has exposed oil and gas export dependent economies to external shocks Energy subsidies have further stymied economic diversification Low carbon transition by the world's largest energy importers will create additional risks in the form o This issue of the World Bank MENA Quarterly Economic Brief seeks to understand the factors behind the new normal of the oil market to discern the evolution of world oil prices in the future, and their implications for the economies of the Middle East and North Africa (MENA)
Countries in the Middle East and North African region (MENA) cannot wait until the end of the pandemic to begin rebuilding the after COVID-19. It is time to act—now. The World Bank just released its biennial Poverty and Shared Prosperity report, which provides the most comprehensive picture possible of poverty around the world World Bank predicts fragile economic recovery for MENA in 2021. Middle East sports industry to grow fastest in the post-pandemic world: Repor The World Bank addressed what MENA countries can do to resolve the tensions between short-term objectives and the long-term risks of rising public debt. It suggested mitigating the potential costs of debt overhang in the medium term, calling on countries to be transparent in their spending and borrowing for COVID-19
World Bank: 5.2% decrease in MENA economies expected in 2020. The World Bank says the coronavirus pandemic and a collapse in oil prices have affected all aspects of the Middle East and North. 2020. See Insights from the MENA Welfare Observatory. • Insights from Academia features two new pieces: a paper on the tone of media coverage of COVID-19 related news in the USA and a second e-book on Africa's post-COVID-19 recovery. • A list of ongoing World Bank operations related to COVID-19 can be found here. Public Disclosure Authorize
FIGURE 2.4.1 MENA: Recent developments Output in the Middle East and North Africa (MENA) is estimated to have contracted by 5.0 percent in 2020, as the region struggles with the dual shocks of the pandemic and the decline in oil prices. COVID-19 infection rates remain on the rise in many economies. Activity has recovered but remains subdued The World Bank Group, one of the largest sources of funding and knowledge for developing countries, is taking broad, fast action to help developing countries strengthen their pandemic response Middle East & North Africa. GDP (current US$) Population, total. School enrollment, primary (% gross) CO2 emissions (metric tons per capita) Poverty headcount ratio at national poverty lines (% of population) Life expectancy at birth, total (years) GNI per capita, Atlas method (current US$) Statistical Capacity score (Overall average The preliminary estimates, based on data as of October 31, 2015, show the damage in four cities--Sana'a, Aden, Taiz and Zinjibar-- over six sectors - education, energy, health, housing, transport, and water and sanitation-- to be in the range of USD 4.0 - 5.0 billion.An end to the conflicts in MENA will improve macroeconomic indicators through restoring security, increasing investment, and the commencement of reconstruction activity The outlook for MENA's current account and fiscal balances also deteriorated sharply. Driven largely by lower oil export revenue, a drop in fiscal revenue and the large increase in fiscal expenditure required to respond to the health crisis, the region's current account and fiscal balances in 2020 are forecast at -4.8% and -10.1% of GDP respectively, much worse than the forecasts in October 2019
December 22, 2018 at 12:15 pm. The World Bank said yesterday that the Middle East and North Africa (MENA) region needs to create 300 million new jobs by 2050 #MENA: The estimated accumulated cost of the pandemic, in terms of gross domestic product (GDP) losses by the end of 2021, will amount to $227 billion. Region expected to recover partially in 2021, but that recovery is, in part, dependent on an equitable rollout of vaccines
MENA Countries 2021. a tile for details. MENA is an acronym that stands for the Middle East and North Africa. Nineteen countries are included in this region, which is around 6% of the world's population. This region has significant oil and natural gas reserves with 60% and 45% of Earth's supply, respectively MENA Knowledge and Learning Quick Notes. 4.285715. Rating: 4.3. (7) 8 Discussions. These notes summarize lessons learned from Middle East and North Africa and other Bank knowledge and learning activities. Additional Info. Regions: Middle East and North Africa Ms. Ortiz Mena is chief executive officer of IEnova. Prior to her appointment as CEO in September 2018, she was chief development officer, responsible for the company's business development and commercial areas from 2016 to 2018. Ortiz joined IEnova in 2000. She has held the positions of manager, project director, director for government and regulatory affairs, vice presiden They are the result of a lot of long, hard work by stakeholders in the concerned countries supported by the World Bank's MENA Procurement Team. In this context it is useful to highlight some features of successful procurement reform processes in these countries as well as elsewhere in the MENA region As for the regional growth estimate, MENA countries are projected to be 6.4 percentage points lower than the pre-pandemic growth forecast published by the World Bank in October 2019, while the accumulated cost of the pandemic, in terms of GDP losses, will amount to $227 billion by the end of 2021
When MENA governments increased borrowing to address COVID-19, they saved lives and livelihoods, all investments in human capital, said Ferid Belhaj, World Bank Vice President for the Middle East and North Africa. We can see hopeful signs of light through the tunnel, especially with the deployment of vaccines, but the region remains in crisis World Bank - UNHCR MENA Study: COVID-19 Compounding Misfortunes Document Type: Document Language: English: Changes in Poverty since the onset of COVID-19 on Syrian Refugees and Host Communities in Jordan, the Kurdistan Region of Iraq and Lebanon Partners World Bank. Population. World Bank MENA Financing Facility. Share. Remarks. Antony J. Blinken Deputy Secretary of State. World Bank. Washington, DC. April 15, 2016. As prepared. Good afternoon. President Kim, ladies and gentleman, thank you very much for your leadership today MENA economic growth will rebound by 2.2 percent in 2021 after contracting 3.8 percent in 2020, but will be 7.2 percentage points, or $227 billion, lower by the end of this year than it would have been had the pandemic not happened, the World Bank estimates. Real GDP per capita will be 4.7 percent lower in 2021 than in 2019 As compared to its October 2018 forecast, World Bank reduced Mena region's growth by 0.4 per cent for last year and 0.8 per cent for 2019 but hiked by 0.6 per cent for 2020
World Bank: 5.2% decrease in MENA economies expected in 2020. By The Associated Press. Mon., Oct. 19, 2020 timer 1 min. read. CAIRO - The coronavirus pandemic and a collapse in oil prices have. It offers, however, an opportunity for MENA countries to rethink social and economic policies amid strengthening trade integration while reducing oil dependency, according to the World Bank World Bank: MENA Debts to Increase Dramatically Due to Pandemic. The average public debt in the Middle East and North African (MENA) countries is expected to increase in 2021 due to the COVID-19 pandemic, a World
MENA Transition Fund The World Bank 1818 H St NW, Washington, DC 20433 transitionfund@worldbank.or MENA Development Report Series. This series features major development reports from the Middle East and North Africa region of the World Bank, based on new research and thor- oughly peer-reviewed analysis World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; Fax: 202-522-2625; E-mail: pubrights@worldbank.org
With war and turmoil afflicting the MENA region, economic growth is forecast to improve to an average rate of 2.6% in 2019 to 2020, according to the World Bank Additionally, panel data for Zambia 2007-2013-2019, and the combined panel data for the MENA region (last two rounds of ES) are also now available. All datasets are available on the data portal. The status of several Enterprise Surveys can be found on the current projects page
Mena 2020 growth to accelerate to 3.4% on reforms, World Bank says Expansion in Egypt and the Arabian Gulf countries will help drive growth Egypt is forecast to be one of the fastest growing economies in the Mena region, with a projected growth rate in 2019 of 5.5 per cent, the strongest expansion since 2008 On the economics of the dual shock in MENA - ERF-World Bank Webinar Series. Watch later. Share. Copy link. Info. Shopping. Tap to unmute. If playback doesn't begin shortly, try restarting your. Your descriptio World Bank Lowers Forecast for MENA Growth Friday, 11 October, 2019 - 06:30 A boost in non-oil activities in the GCC countries partially offset the dampening effect on the region's average growth numbers as a result of Iran's economic contraction MENA countries weighed down by pandemic debts will struggle to grow - World Bank Average MENA debt to GDP rose 9 points since 2019 to 55% in 2021 Countries with low external debt can still.
The World Bank, has, by any standard, a role to play in assisting governments in their efforts to bring millions of people out of (income) poverty, to reduce the vulnerability of the many more who are close to poverty, to increase the opportunity for a growing young labor force and the large segments of the population that do not have access to basic services needed to provide adequate standards of life, to empower women to play a more significant development role, to mobilize constructively. WASHINGTON - Remittances sent by migrants to their home countries, including in the Middle East and North Africa (MENA) region, are expected to fall by about 20% this year amid the global economic slowdown caused by the coronavirus pandemic, the World Bank said on Wednesday This database presents population and other demographic estimates and projections from 1960 to 2050, covering more than 200 economies. It includes populatio
DUBAI — The World Bank on Tuesday predicted a moderate economic recovery for the Middle East and North Africa (MENA) in 2021, while highlighting the many challenges still posed by the coronavirus pandemic.The Washington-based institution said the pandemic had seen the region's economies shrink by about 5 per cent in 2020, inflicting heavy job losses and a sharp increase in th World Bank ramps up support for fragile MENA countries Some of the countries already specified by the World Bank as recipients of the coronavirus aid are Yemen, Lebanon, Egypt, and Morocco Updated. MENA economies face $116 billion hit from virus, oil slump: World Bank Report warns of 'uncertainty and fear' amid calls for transparency to help region recover from twin economic shocks. World Bank Online Morning Seminar #103 MENA Economic Update, April 2021 - Living with Debt: How Institutions Can Chart a Path to Recovery in the Middle East and North Afric World Bank Sees MENA Debt Rising At Fastest Pace in 21st Century. Public debt levels in the Middle East and North Africa are expected to rise to 54% of economic output by the end of this year from 46% in 2019, the . Living with Debt : How Institutions Can Chart a Path to Recovery Middle..
World Bank - UNHCR MENA Study: COVID-19 Compounding Misfortunes COVID-19 has had an enormous impact on nearly every country in the world. Iraq, Jordan and Lebanon were already facing difficult to extreme circumstances even before the pandemic erupted, making them particularly vulnerable, and compounding the effect The World Bank has assessed the change in food prices in 19 countries in the MENA region across five main food categories that are carbohydrates, dairy products, fruits, meats and vegetables. The prices of fresh or frozen cattle meat in Lebanon jumped by 110 percent between Feb. 14, 2020 and March 8, 2021, constituting the highest increase in the price of this item in the region DUBAI — The World Bank Group announced two new initiatives to improve access to start-up financing and e-commerce markets for women entrepreneurs, at the Women Entrepreneurs Finance Initiative (We-Fi) Middle East and North Africa (MENA) Summit held on the sidelines of Global Women's Forum Dubai 2020 IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused exclusively on the private sector in developing countries. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and other challenges The World Bank, on Wednesday, slashed the growth forecast for the UAE, GCC, and Middle East and North Africa (Mena) region for 2020 and 2021, due to geopolitical tensions and lower oil demand.
The World Bank has recently announced extending its strategy in the region to support digital economy transformation, besides signing a $200 million program to fund entrepeneurs in Egypt. In an exclusive interview, Ferid Belhaj who took up the position of the World Bank Group vice president for Middle East and North Africa on July 1, 2018, explained to Egypt Today the additional pillars to the. World Bank: COVID-19, Oil Price Meltdown Might Cost MENA Economies up to $116 Billion World Bank: COVID-19, Oil Price Meltdown Might Cost MENA Economies up to $116 Billion Published April 12th. World Bank Group IFC 2020 Investment Analyst-FIG-Africa/MENA for young Professionals. By. OFA. -. July 29, 2019. Application Deadline: August 14th 2019. IFC has embarked on an ambitious new strategy to stimulate more investment activity by Creating Markets, including in Low Income Countries (LICs) and Fragile and Conflict Situations (FCS) World Bank and AFD Join Efforts to Strengthen Tunisia's Disaster Resilience Capacities The World Bank's board of Executive Directors approved today US$50 million in financing to support a disaster and climate resilience project in Tunisia, complemented by French Development Agency (AFD) financing equivalent to US$50 million - a total package of US$100 million World Bank: Morocco is 3rd Top MENA Country to Ensure Gender Equality Morocco comes behind only Malta and Israel in the MENA region in terms of ensuring gender equality, according to a new World.
Worldwide Governance Indicators (www.govindicators.org), The World Bank. 2019. ACRoss Space and Time: How Cultural and Institutional Differences Explain Consumer-Brand Relationships' Differential Effects on Brand Loyalty. M Khamitov, XS Wang, M T; 2019 WASHINGTON DC, APRIL 11 th, 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.
The World Bank revised its estimate of economic growth in 2015 in the MENA region to 2.6 percent, marginally lower than 2014 growth, and 0.2 percentage points below the October 2015 forecast The World Bank said that Lebanon has the highest food prices in the MENA region as inflation continues to take its heavy toll on most classes in the country MENA is home to the lowest female labor force participation rate in the world - 22% in 2020, compared to 77% for men - and unemployment among women is much more severe than among men. Laws in MENA countries have prevented women from owning assets, working in certain sectors deemed dangerous for women, and even traveling without the permission of a male relative The World Bank on Tuesday predicted a moderate economic recovery for the Middle East and North Africa (Mena) region in 2021, while highlighting the many challenges still posed by the coronavirus. The World Bank anticipates that Egypt will be one of the top performers among MENA oil importers, with a growth rate forecast at 5.5 percent for 2019, the strongest since 2008, the report read. It elaborated that this strong performance is driven by rising natural gas production, revitalized tourism, and higher government investment spending
World Bank sees MENA debt rising at fastest pace in 21st century. alarabiya.net - Al Arabiya English • 15d. Public The International Finance Corporation (IFC), which is part of the World Bank, plans to invest up to $2 million (KSh215 million) in Antler East. The World Bank currently has a portfolio totaling $17bn in the Mena region. The portfolio covers a diverse range of sectors such as agriculture, energy, education, the environment, health, social.
World Bank's Vice President for We should not forget the role of private sector, Diop said. He further explained that when you are thinking of building highways, the private sector can play any important role through PPPs or other type of intervention, and allowing the public sectors to focus on areas which the private sector is not ready to invest in Event Titile: High Level training on Morocco in the Global EconomyEvent Page: http://bit.ly/1OdySHFEvent Date: September 9-15, 201
