IDA
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economy
G-24 calls for international effort to restore peace, stability to crisis areas
The Intergovernmental Group of Twenty-Four (G‑24) has called for a strong commitment and united international effort to restore peace, stability, and rebuild livelihoods for those affected by different crises worldwide. This was contained in a communiqué issued by the International Monetary Fund (IMF) Press Center on Wednesday after the 111th meeting of the G-24 Ministers, Central Bank Governors, and their…
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economy
World bank approves $700m to build climate-resilient landscape in Nigeria
The World Bank has approved a 700 million dollar credit from its International Development Association (IDA) for the Nigeria Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) Project. It said this in a statement issued in Washington on Thursday. According to it, the project will increase the implementation of sustainable landscape management practices in northern Nigeria and strengthen the country’s long-term enabling…
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Featured
Japan to contribute $3.4bn to World Bank arms for low-income countries
Japan will contribute 376.7 billion yen (3.4 billion U.S. dollars) to the International Development Association (), a part of the World Bank fund aiming to help poor countries. The finance ministry said on Thursday that it aimed to help poor income countries recover from financial dilemma amid the COVID-19 pandemic. The IDA will use the funds to provide assistance to…
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News
Igbo Delegates Assembly hails Jonathan, Buhari
Igbo Delegates Assembly, IDA, has congratulated the President-elect, General Muhammadu Buhari on his victory at the just concluded presidential election. In a statement IDA’s President General, Mazi Larry Nwosu and Secretary General, Auston Ifedinezi in Abuja, yesterday, also commended President Goodluck Jonathan for strengthening the country’s democracy by giving the people the most credible, free, fair and transparent electioneering process…
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