World Bank- part.1
Progressive update of reports on World bankonetary policy
Sanctuary Team
Over the past fortnight, the World Bank made a significant commitment of $47.9 million in the form of a grant to expand primary education in Punjab, Pakistan. This funding, delivered via the Global Partnership for Education Fund, is earmarked for bolstering early childhood programs, re-enrolling out-of-school children, offering remedial elementary learning, and enhancing teacher training—particularly with a view toward building resilience in the face of climate shocks and emergencies . The initiative, known as the "Getting Results: Access and Delivery of Quality Education Services and System Transformation in Punjab Project", is expected to benefit millions of children and around 100,000 teachers across the province .
Meanwhile, the World Bank’s international dispute-settlement arm has been expanding its geographic footprint—announcing plans to establish a new office in Singapore, aimed at handling investment dispute settlements more effectively in the region . This marks a strategic step toward greater regional presence in Asia and reflects the Bank’s ongoing efforts to enhance its global reach and responsiveness in resolving investment and development-related conflicts.
In another context, the World Bank’s recent analysis of Bulgaria’s water infrastructure has revealed staggering inefficiencies: a need for 30 billion Bulgarian leva (roughly USD 17–18 billion) is required to modernize the country’s aging water supply network. In the Pleven region, about 70% of water is lost within the system before reaching consumers, spotlighting systemic losses due to both infrastructural decay and theft. While temporary measures like zoning and pressure reduction have managed to limit losses by 60–70 liters per second, they fall far short of compensating for diminished inflows from wells and sources .
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