For some time now, public procurement has accounted for a good 20%–25% of Zimbabwe’s annual budget, which currently stands at about US$4 billion. Guided by a law crafted in 1999, the country’s procurement system is centralized, causing bottlenecks and delays.
The story of a country’s economic development is often told through the lens of new roads, factories, power lines, and ports. However, it can also be told through the voices of everyday heroes, individuals who have taken action to improve their lives, and those around them. In this blog series, the World Bank Group, in partnership with the Ivorian newspaper Fraternité Matin and blogger Edith Brou, tells the stories of those individuals who, with a boost from a Bank project, have set economic development in motion in their communities.
Jacques Dongo, Inspector of Guidance Services in the Ministry of National Education and Vocational Training, proudly exhibits his loan certificate, the key to making some of his dreams come true. As we chatted with him in front of a counter in the Ministry of the Civil Service and Modernization of the Administration, he acknowledged the benefits of the new integrated civil service personnel management system (SIGFAE): “Before this system was set up, it was a game of cat and mouse between the ‘margouillats,’ or notorious intermediaries, and government departments to obtain documents. The introduction of the new system has completely changed this. It has taken me just 3 days to obtain this document once I fulfilled all the requirements.”
Let me answer it this way: If you are a youth, you are damned if you farm, and you will be equally damned if you don’t. Farming as an option is very key to enabling the continuous production of food to meet our consumption demand. We are in an era where we have to attract the young people to join food production, since majority of them think it is dirty work. Interacting with young farmers has only left me understanding that, besides the lack of mechanisation, we lack the best farming practices that would otherwise increase our earnings.
Getting more youth to engage productively in agriculture is not, and won’t be, an easy job. As an aspiring goat farmer and student in agribusiness management, I know that it takes real passion and commitment to make a living from agriculture. I am currently rearing 40 free range goats on a small farm in my village. On average, I spend about Uganda Sh30,000 to rear each goat—which I normally sell off during the Christmas season at Shs 200,000. This year, I intend to use the money to expand the business, and invest in high value crops to take advantage of the free manure from the goats.
Most youths’ perception of agriculture and agribusiness reflects the image of a dirty, exhausted poor farmer carrying a rusty hoe on puffy, tired shoulders somewhere on the outskirts of modernity.
I am often asked—what happened as a result of the World Bank’s 2013 flagship report, Inclusion Matters? It made a big splash in the world of ideas but what did it do to improve people’s lives? This is not to say that ideas don’t affect the lives of people, but they need to seep into practice. How do we know if a report has been relevant for development practice?
The story of a country’s economic development is often told through the lens of new roads, factories, power plants, and ports. However, it can also be told through the voices of everyday heroes, individuals who have taken action to improve their lives and those around them. In this blog series, the World Bank Group, in partnership with Ivorian newspaper Fraternité Matin and blogger Edith Brou, tells the stories of those individuals who, with a boost from a Bank project, have set economic development in motion in their communities.
About Sofie immediately felt reassured on her arrival for treatment at the Bagba Health Center in southern Côte d’Ivoire: “As soon as you go through the door, the nurse’s aides put you at ease with a smile. In other places, you’re scared and you think twice before talking to the medical personnel, who are quick to belittle patients and walk away.”
Two Tanzanian entrepreneurs: Hadiya and Mzuzi. Hadiya has built a successful micro-business taking advantage of mobile money services, including money transfers and savings products that are low cost and safe, as well as short term micro-loans. But Mzuzi, the owner of a small, 10-person enterprise, is facing a financial crisis despite huge personal drive and inventiveness because of his inability to access credit to expand.
After a decade of strong growth in the late 1970s and early 1980s, Cameroon was compared favorably with fast-growing East-Asian economies. This fame came to a sudden stop in the late 1980s when the country experienced one of the world’s deepest and most protracted recessions, triggered by large fall in the terms of trade and appreciation of the real exchange rate. Debts - previously at reasonable levels - mounted, banks failed and poverty increased. A 50% devaluation of the CFA Franc, a currency Cameroon shares with other former French colonies, in January 1994 pushed the foreign-currency denominated debt to increase to over 100 percent of GDP, triggering the Heavily Indebted Poor Countries (HIPC) debt relief process. Cameroon successfully exited HIPC in 2006. Since then, the authorities have set the goal to become a middle income country by 2035, anchoring their growth strategy on building infrastructure. After some initial success, with real growth steadily increasing from 1.9% in 2009 to 5.9% in 2014, the country is facing again some fiscal strains and risk of its debt distress has risen from low to moderate to high, in just 3 years.
What exactly do we mean by green growth? For us, it’s not just about riding bikes and planting trees. The Korea Green Growth Trust Fund (KGGTF) defines green growth as adopting an innovative approach toward reaching nations’ goals for sustainable development and addressing climate change. It is a framework for decision-making and a proven process for turning people’s hopes into reality.