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Financial Sector

New Zealand has much to offer the world

Annette Dixon's picture
 
New zealand - World maps on line
New Zealand Map.  Photo Credit: Academia maps GeoAtlas


When people think about New Zealand’s most famous son, Sir Edmund Hillary, they mostly think about the quiet Auckland bee-keeper who conquered Everest in 1953.

Of course, there’s much more to the man. He raised money for the Sherpa communities in Nepal that built schools, hospitals and much more. His commitment to the people of South Asia was also reflected in his successful term in the 1980s as New Zealand’s High Commissioner to India.

As the most senior New Zealander in the management of the World Bank, I have come to appreciate Sir Edmund’s commitment to the people of South Asia and believe it shows how much New Zealand can offer the world.  This will not only make the world a better place but can also help New Zealand too.

What can fuel India's Growth?

Frederico Gil Sander's picture

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The World Bank is releasing its flagship report highlighting the state of the Indian economy, its future growth prospects, the impact of the recent currency exchange on the economy, and the benefits that the progress on the Goods and Services Tax (GST) will have moving forward. 

په افغانستان کې د نړیوال بانک د بیا همکاریو د پیل د پنځلسمې کالیزې نمانځنه

Raouf Zia's picture
Also available in: English | دری




نړیوال بانک په افغانستان کې خپل فعالیتونه پر ۱۹۷۹ میلادی کال د پخواني شوروي اتحاد له یرغل څخه وروسته و ځندول. ددې ادارې فعالیتونه د ۲۰۰۲ میلادي کال د می په میاشت کې د افغانانو له ضروري اړتیاوو څخه د ملاتړ او ددې هېواد له دولت سره ددې هېواد اتباعوته د خدمتونو د برابرولو له پاره د پیاوړو او ځواب ویونکو بنسټونو د رامینځته کولو په منظور بیاپیل شول.

د می میاشت په کابل کې د نړیوال بانک د فعالیتونو د بیا پیل له نمانځنې سره سمون لري چې په ۲۰۰۲ کال کې وروسته له ډیر ځنډ څخه دفتر پرانیستل شو. د نړیوال بانک له ۱۵ لاسته راوړنو او مهمو فعالیتونو سره په تیرو ۱۵ کلونو کې آشنا شۍ.

تجلیل از پانزدهمین سالگرد اغاز مجدد همکاری های بانک جهانی درافغانستان

Raouf Zia's picture
Also available in: English | پښتو




بانک جهانی فعالتیهای خویش را در افغانستان در سال ۱۹۷۹ میلادی پس از تهاجم شوروی سابق به تعلیق در اورد. فعالیتهای این اداره در ماه می سال ۲۰۰۲ میلادی بمنظور حمایت از نیازمندی های ضروری افغانها و کمک به دولت این کشور در راستای ایجاد نهاد های قوی و پاسخگو غرض فراهم اوری خدمات به شهرواندان این کشور مجددا اغاز گردید.

ماه می مصادف به بزرگداشت از پانزدهمین سالگرد از سرگیری فعالیت های دفتربانک جهانی در کابل در سال ۲۰۰۲ میباشد. با ۱۵ دست آورد و فعالیت کلیدی بانک جهانی در ۱۵ سال گذشته آشنا شوید.

Celebrating 15 Years of reengagement in Afghanistan

Raouf Zia's picture
Also available in: دری | پښتو




Shortly after the Soviet invasion in 1979, the World Bank suspended its operations in Afghanistan. Work resumed in May 2002 to help meet the immediate needs of the poorest people and assist the government in building strong and accountable institutions to deliver services to its citizens.

As we mark the reopening of the World Bank office in Kabul 15 years ago, here are 15 highlights of our engagement in the country:

Three key policies to boost performance of South Asia’s ports

Matias Herrera Dappe's picture



In a previous blog
we related how South Asia as a whole had improved the performance of its container ports since 2000 but had still struggled to catch up with other developed and developing regions. But within that picture, some ports did better than others. 

For example, Colombo in Sri Lanka, the fast-expanding Mundra and Jawaharlal Nehru Port in India and Port Qasim in Pakistan all improved the use of their facilities in the first decade of this century.  India’s Mumbai and Tuticorin were among those that fell behind. Colombo also improved its operational performance by almost halving the share of idle time at berth, while Chittagong (Bangladesh) and Kolkata (India) had the longest vessel turnaround times in the region.

Knowing how specific ports perform and the characteristics of ports that perform well and those of ports that perform poorly helps policymakers design interventions to support underperforming ports.

In the report “Competitiveness of South Asia’s Container Ports” we identified three interrelated policies to improve the performance of the container ports, a key element in one of the world’s fast-growing regions: increasing private participation in ports, strengthening governance of port authorities and fostering competition between and within ports: 

The Citizens’ Charter—a Commitment toward Service Delivery across Afghanistan

Ahmad Shaheer Shahriar's picture
Citizens charter launch in presidential palace
Inaguration of the Citizens’ Charter Afghanistan Project (CCAP) on 25th September, 2016 was attented by the President, the Chief Executive of Afghanistan, cabinet ministers, and over 400 representatives from the donor community, international organizations, and Community Development Councils (CDCs) from all 34 provinces of the country. Photo Credit: Rumi Consultancy / World Bank


Will rural communities in Afghanistan be deprived of development services upon the completion of the National Solidarity Programme (NSP) in the Ministry of Rural Rehabilitation and Development (MRRD)?
 
What will happen to the Community Development Councils (CDCs) established in rural communities to execute people’s development decisions and priorities?
 
Will our country continue to witness reconstruction of civic infrastructure?
 
These were some of the questions that troubled thousands of villagers as the NSP neared its formal closure date - NSP had delivered development services in every province of Afghanistan for 14 years.
 
To address these questions and allay their concerns, the Government of the Islamic Republic of Afghanistan formally launched the Citizens’ Charter Program on September 25, 2016 to sustain the uninterrupted development and reconstruction in Afghanistan.

Empowering a New Generation of Female Entrepreneurs in Afghanistan

Mabruk Kabir's picture
Photo Credit: Mabruk Kabir / World Bank

Fatima brimmed with optimism. The 19-year-old recently established a poultry enterprise with the support of a micro-grant, and was thrilled at the prospect of financial independence.

“After my family moved from Pakistan, I had few options for work,” she said from her home in the Paghman district in the outskirts of Kabul. “The grant not only allowed me to start my own poultry business, but let me work from my own home.”

With over half the population under the age of 15, Afghanistan stands on the cusp of a demographic dividend. To reach their full potential, Afghanistan’s youth need to be engaged in meaningful work – enabling young people to support themselves, but also contribute to the prosperity of their families and communities.

Digital Financial Inclusion of the Rural Poor in Bangladesh

Anir Chowdhury's picture

Bangladesh Financial InclusionConsidering Bangladesh’s lack of development and a predominantly rural context, it would have been difficult to imagine even a few years ago that an elderly widow living in a remote corner of this impoverished South Asian country could be receiving money from her son living in Dubai sitting right at home or making petty payments through her mobile phone. Not any more, though.

Bangladesh has recently emerged as a curious case of digital innovation to widen coverage and reach remote pockets. The country reached the lower middle income country status in 2015, and has showcased the potential of combating rural poverty through inclusive digital financial services.

This has proved to be an effective weapon to eliminate poverty and secure the sustainable development goals (SDGs) while the country advances towards Vision 2021 — lifting millions of Bangladeshis out of poverty. Innovation and digitization will surely set Bangladesh firmly on the path to becoming a middle-income country. Although ambitious, it is exactly what both the government and private sector are working towards.

Access to the formal financial system remains a challenge for the rural poor in Bangladesh even though the central bank announced a plan for inclusive digital financial programmes in 2015.
 

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