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December 2017

Improving access to finance for SMEs in Tanzania: Learning from Malaysia’s experience

Djauhari Sitorus's picture
Shops lining Petaling Street, Kuala Lumpur. Malaysia’s experience in addressing access to finance for SMEs has been successful, serving as a learning point for countries like Tanzania. Photo: Samuel Goh/World Bank
Tanzania is set towards becoming a middle-income country as the economy grew by an average of 6.5% per year in the past decade. The “Tanzania Development Vision (TDV) 2025” highlighted small and medium-sized enterprises (SME) sector as one important contributor to the country’s long-term development. It is estimated that Tanzania’s SME sector consists of more than 3 million enterprises which contribute to 27% of overall GDP.  Most of them are in the agricultural sector, and more than half are owned by women.  

Lao PDR’s transition on the path to Universal Health Coverage

Somil Nagpal's picture
A mother brings her baby to Mitthaphap Hospital for a checkup. Photo: World Bank Lao PDR
On this Universal Health Coverage (UHC) Day, it is striking to us, working in Lao PDR’s health sector, of the progress the country has made on its journey towards UHC this year.

ASEAN meeting explores ways of professionalizing public procurement to meet development challenges

Adu-Gyamfi Abunyewa's picture
Construction of a sky train in Bangkok, Thailand. Photo: Seksan Pipattanatikanunt/World Bank
In the past, procurement (purchasing) was not considered to be a specialist function but one of the numerous duties that administrators performed in their respective government departments. However, today it is acknowledged that procurement has become an extremely complex and crucial undertaking coupled with the need to ensure value for money in the use of public resources to enhance the living conditions of its citizens.

The responsibilities have radically changed from that of an administrative service function to a proactive and strategic one. Unfortunately, in most jurisdictions the procurement function is still not considered a specific profession and consequently, building procurement professional expertise to meet development challenges remains an unfinished agenda.

Working together to understand climate change risks in Fiji

Katherine Baker's picture



People read about climate change every day and we are all familiar with it as a concept.  While we understand that steps need to be taken to address the risks; its impact often feels harder to imagine. We assume that the impacts are something we will experience in the future. 

But in the Pacific, the impacts are already being felt by communities. This came across clearly in our work on the Climate Vulnerability Assessment – Making Fiji Climate Resilient report, which the Fijian Government produced with the support of our team and the Global Facility for Disaster Reduction and Recovery (GFDRR), and which was launched at COP23.

The innovation imperative: How Asia can leverage exponential technologies to improve lives and promote growth

Amira Karim's picture
Singapore: Global Innovation Forum

Robots will take over our jobs, disrupt our industries and erode our competitiveness.
 
Such were commonly expressed fears about advances in automation, artificial intelligence, and 3D printing – key representations of exponential technologies – during the inaugural Global Innovation Forum that took place in Singapore.
 
While robots continue to bear the brunt of public skepticism, participants at the Forum also expressed optimism about the emergence of innovations that could dramatically transform the quality of life for the poorest people in society, particularly in Asia, the region that was acknowledged by many participants as leading the pace of innovation around the globe.