Posts Tagged ‘World Bank’

Microfinance Focus, Sept. 14, 2009: A new report from IFC and the World Bank shows by focusing on building and reforming credit reporting, collateral registries, and payment and securities systems, more than half the population in emerging markets could have access to financial services  within 10 years and enjoy financial transaction cost reductions of nearly 80 per cent, said an IFC statement. The report, "Financial Infrastructure: Building ... Full story

Microfinance Focus, Sept. 9, 2009: The World Bank report on "doing Business" has pointed out India's failure  to enforce legal and investor disputes redressal and placed the country at 133 in ranking, much below Pakistan, Nepal and most African countries. In starting a business India ranked 169, in dealing with construction permits 175, in employing workers 104, in registering property 93, in getting credit 30, in protecting investors 41, in paying taxes 169, in trading across borders 94, in enforcing contracts 192 and in closing a business 138. Otherwise, a record 131 economies around the globe reformed business regulation in 2008/09, said the IFC-World Bank Doing Business 2010 report. That is more than 70 percent of the 183 economies covered by the report - the largest share in any year since the annual report was first published in 2004. And this progress came against the backdrop of a global economic crisis. Full story

Microfinance Focus, Aug. 27, 2009: International Finance Corporation, an investment arm of the World Bank, has provided $1 billion in new financing to businesses in West and Central Africa in the year ended June 2009, a 58 per cent increase, as part of its commitment in private sector investment and advisory services in the region, said Director for West and Central Africa, Yolande Duhem, ... Full story

Microfinance Focus, Aug. 19, 2009: Giving poor people a say in the water and sanitation services they receive, and allowing alternative documentation to prove their residence status -- are some of the simple solutions that can bring sustainable water and sanitation services to the hundreds of millions currently living without, according to a new report released on Tuesday by the World Bank's Water and Sanitation ... Full story