BRI transport projects can expand trade, increase foreign investment, and reduce poverty—by lowering trade costs. Yet, for some countries, the costs of new infrastructure could outweigh the gains. If fully implemented, BRI transport projects could increase trade between 1.7 and 6.2 percent for the world, increasing global real income by 0.7 ...

May 4, 2018 · BRI transport projects have the potential to substantially improve trade, foreign investment, and living conditions for citizens in participating countries—but only if China and other corridor economies adopt deeper policy reforms that increase transparency, expand trade, improve debt sustainability and mitigate environmental, social and ...

Mar 11, 2019 · The massive Belt and Road Initiative (BRI) plans to build roads, railways, seaports and other trade infrastructure in dozens of countries in the Eurasian continent. The BRI aims to connect Asia to Europe, and the initiative has steadily …

Millions Could Be Lifted Out of Poverty, But Countries Face Significant Risks. WASHINGTON, June 18, 2019—China’s Belt and Road Initiative (BRI) could speed up economic development and reduce poverty for dozens of developing countries—but it must be accompanied by deep policy reforms that increase transparency, improve debt sustainability, and …

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Oct 1, 2024 · The World Bank has supported the improvement of health outcomes in Tanzania through several operations. The IDA-financed Strengthening Primary Health Care for Results program in Tanzania (SPHCforR), which concluded in 2022, aimed to improve the quality of primary health care services across the country, with a focus on maternal, neonatal, and child health and Nutrition (MNCH -N) services.

Dec 3, 2024 · Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest International Debt Report shows. Interest payments surged by nearly a third to $406 billion, squeezing the budgets of many countries in critical areas such as health, education, and the environment.

Oct 2, 2024 · Maintaining growth momentum is key to Nepal’s development. This requires continued reform in critical areas such as infrastructure, governance human capital development, and developing an environment which encourages and supports the private sector.

Oct 17, 2024 · Infrastructure. The World Bank Group helps developing countries build smart infrastructure that supports inclusive and sustainable growth, expands markets, creates job opportunities, promotes competition, and contributes to a cleaner future.

Oct 22, 2024 · The World Bank has had a long-standing relationship with Malaysia since its independence. Our partnership has evolved from development financing from the 1950s to the 1990s to leveraging the Bank's knowledge and research in its current form of collaboration.