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The World Bank is a vital source of financial and technical assistance to developing countries around the world. The World Bank is made up of two unique development institutions owned by 185 member countries-the International Bank for Reconstruction and D
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Pakistan?s transition to a middle-income country in the global knowledge economy of the 21st century will depend critically on its intellectual and human capital, World Bank Country Director for Pakistan, Rachid Benmessaoud said.
The World Bank Country ...
The World Bank Country Director, Mr. Rachid Benmessaoud, said the project would support the efforts of the Federal Government in industrializing the country.
Also speaking at the launch in ...
Also speaking at the launch in Abuja, World Bank Country Director for Nigeria, Mr. Rachid Benmessaoud, said that the project would not only help to complement the nation's industrialisation efforts, but also assist the present administration's drive to boost Job creation.
said: "The Growth and Employment Project is a major initiative aimed at stimulating job creation through the growth of specific, high potential, non-oil sectors.
It will make resources available to help address some of the key constraints identified by business, with a particular emphasis on MSMEs, which are widely regarded as a vital engine for growth and job creation."
Benmessaoud further explained that MSMEs operating under the GEM sectors throughout the country would be invited to register on the BIG platform through its dedicated website as part of modalities for accessing the funds."
World Bankâ€™s Board Approves $300 Million of $1 Billion Flood Response Package for Pakistan | Global Food Security
"The credit is part of the first phase of the World Bank's strategy to assist with flood recovery in Pakistan," said Rachid Benmessaoud, World Bank Country Director for Pakistan.
WB 2 Minister of State for ...
WB 2 Minister of State for Solid Minerals, Abubakar Bwari; Minister for Solid Minerals, Dr Kayode Fayemi, Country Director, World Bank, Mr Rachid Benmessaoud; with the Bank?s Country Program Coordinator, Indira Konjhodvic, during a visit by the World Bank team to the minister in Abuja?on Friday
L-R: Minister of Solid Minerals, Dr Kayode Fayemi, with the World Bank Country Director, Mr Rachid Benmessaoud, during a visit by the World Bank team to the Minister in Abuja...on Friday
Earlier, Benmessaoud , who hailed the excellent relationship between the financial institution and the government of Ekiti, during Fayemi's tenure, said the team was delighted to work with the minister in his new assignment.
stated that the bank was mindful of President Buhari's emphasis on Agriculture and Solid Minerals as two critical sectors that could boost revenue generation and create jobs for the citizens.
who lauded the administration's plan to diversify the economy through solid minerals development, however said that the expected revenue may not be realised immediately.
"But the foundation must be laid now", he
said, adding that the situation calls for a creative approach.