Bank

Middle East countries need to overhaul education systems – World Bank

A new report by the World Bank finds that countries in the Middle East and North Africa need to overhaul their education systems to meet the demands of an increasingly competitive world.

Secretary-General congratulates Wolfowitz on election as World Bank chief

United Nations Secretary-General Kofi Annan congratulated Paul Wolfowitz of the United States on his election today as the president of the World Bank, saying he looked forward to working closely with him in the struggle against global poverty.

World Bank urges action to open markets to developing countries

On the eve of this weekend’s joint World Bank/International Monetary Fund (IMF) annual meeting, senior officials from the financial institutions called for rich nations to open their markets to goods from developing countries.

World Bank, UNDP launch inquiry on how to reform technical cooperation

A one-year inquiry aimed at reforming technical cooperation has been launched by the United Nations Development Programme (UNDP) and the World Bank Institute, according to a statement issued today by the international financial institution.