State-owned financial institutions (SOFIs) are often associated with poor corporate governance, political interference, crowding out of private sector resources, higher non-performing loans (NPLs…
In a striking example, Albania has shown how the tourism sector can drive economic development. Following the country’s turbulent economic and political transition in the 1990s, tourism was…
Learn more about the potential of the sovereign green, social and sustainability bond market to mobilize private capital.
Climate finance is an essential component to enabling climate action, and large-scale investments are needed. The WBG, the biggest multilateral funder of climate investments in developing…
The 4th World Bank Tax Conference exposed the magnitude of the challenge to build equitable tax systems via policies that improve compliance of the very wealthy. This blog highlights a summary of…
As we keep hearing the term “inflation” in the news every day, it’s worth revisiting what that really means for MENA countries. Here are four policies that tackle high inflation and low growth…
In this blog, we highlight two projects that leveraged data-driven policymaking processes and simulations.
How can finance ministries take part in climate action? Let us outline some of the key areas where they can play a role and methods to promote legislation to contribute to national commitments.…
Turkey is on a path towards a comprehensive, fully accountable system of public financial management which can help ensure that public resources are used strategically, efficiently and effectively…
The newly released “Breaking out of fragility: A Country Economic Memorandum for Diversification and Growth in Iraq“ underlines the importance of growing and diversified trade to support national…