World Bank Europe and Central Asia @WorldBankECA
The official Twitter feed for the World Bank's Europe and Central Asia region. Fighting poverty with passion and professionalism for lasting results. worldbank.org/en/region/eca Europe and Central Asia Joined September 2014-
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Following346
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Boosting business dynamism across Europe and Central Asia is vital for the region's economic activity, but will require addressing several overlapping challenges. @anbassani and @IvailoIzvorski discuss the region's economic outlook here: wrld.bg/ve9v50RuWEx #ECAUpdate
Discrimination against and exclusion of LGBTI+ people in the job market could cost #NorthMacedonia and #Serbia up to $357 million a year, @WorldBank studies found. To end extreme #poverty, we must build more inclusive and equitable societies. Learn more: wrld.bg/EVuH50PPChk
Züleyha’s success in Konya shows how sustainable water usage transforms lives. Shifting to modern irrigation has boosted her harvests and supports her livestock. Learn how water management is changing Türkiye’s rural landscape: wrld.bg/CLuT50RtwI3 #ClimateSmartTurkiye
Eliminating poverty globally is both vital and attainable. Strong call from @martinwolf_ in support of @WBG_IDA, which is providing essential support in areas like agriculture, education, energy, and access to clean water for the poorest countries across Europe and Central Asia.
Eliminating poverty globally is both vital and attainable. Strong call from @martinwolf_ in support of @WBG_IDA, which is providing essential support in areas like agriculture, education, energy, and access to clean water for the poorest countries across Europe and Central Asia.
How can the emerging market and developing economies respond to "graying" demographics impacting their labor markets? In this blog, @IvailoIzvorski and Michael Lokshin argue the region needs pro-migrant policies and to create more opportunities for women: wrld.bg/30O950Rmlz2
Russia’s invasion disrupted Ukraine’s healthcare system, leaving many without access to vital medical assistance. The #HEALUkraine project is reconnecting people with critical services, including rehabilitation for mental and physical trauma. Learn more: wrld.bg/bygM50RsmET
The #Moldova Rural Connectivity Project will rehabilitate 95 km of rural roads and improve border crossings with Romania. The project's goals include boosting connectivity in rural areas, reducing transport costs and creating safer roads. Learn more: wrld.bg/X1uP50RrlI3
The @WorldBank's latest Development Policy Operation, including a Global Concessional Financing Facility grant, will support #Armenia's climate resilience, provide refugee assistance, and promote green and inclusive human capital development. Read more: wrld.bg/zICC50RrfTp
In a time of sluggish growth, how can economies across Europe and Central Asia unleash the power of the private sector to boost prosperity? Join @IvailoIzvorski, @CEVES1's Kori Udovički, and others for a discussion of our #ECAUpdate on May 7, 8:30 AM EDT: wrld.bg/4riv50RqHgs
Why should countries promote #women’s work in technical jobs? 👷🏽♀️ Jobs should depend on skills and training rather than #gender 👷🏽♀️ Economic empowerment 👷🏽♀️ Benefits for businesses 👷🏽♀️ Economic #growth Read this blog for more: wrld.bg/WAY050Rq0VT #Azerbaijan @WorldBankECA
As @WBG_Cities @meghamukim argues, cities in the #WesternBalkans need to act now on green investments. Watch her outline the three key areas discussed in our latest #WBRER report that can help save lives, boost growth, and make urban spaces more livable: wrld.bg/TptA50RmC6N
Ageing populations have economy-wide repercussions for Europe and Central Asia. How can the region manage this demographic shift? Read the latest blog by @IvailoIzvorski and Michael Lokshin outlining areas for policy action: wrld.bg/30O950Rmlz2
New Zealand has made a $1.8 million grant contribution to the @WorldBank’s #URTF, a multi-donor trust fund supporting relief and recovery efforts in #Ukraine. This funding will back emergency operations addressing Ukraine’s relief needs outlined in the #RDNA3 report.
TODAY: Watch @IFC_org’s webinar to discuss the European Union’s CBAM and its significance for decarbonization in emerging markets. Featuring experts from IFC, @WorldBank, and @BCG. 📅 April 25, 12 PM EST 📷 RSVP: wrld.bg/4fZr50RlbJk #IFCManufacturing #GreeningthePlanet
The United States has joined the @WorldBank’s #Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund (#URTF) with a $230 million grant contribution, which will support emergency operations in the country’s transport sector. Learn more about URTF: wrld.bg/lOJH50RniUF
Economies across Europe and Central Asia face a demographic crisis with ageing populations and shrinking labor forces. @IvailoIzvorski and Michael Lokshin’s latest blog examines the root causes and explores policy solutions. Learn more: wrld.bg/30O950Rmlz2
Our latest #WBRER report focuses on the need to green cities across the #WesternBalkans to promote economic growth. But what do we mean by "green cities?" Watch @WBG_Cities @meghamukim's explainer to learn more. wrld.bg/JImL50RmaNV
Secure land tenure is key for private sector growth! @WorldBank supports Kosovo with Development Policy Financing for land administration reforms. wrld.bg/v5O550RmBfz
World Bank @WorldBank
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23K Followers 619 Following Building a future where we all thrive together. An agency of the @akdn.Teacher shortages and wellbeing are intertwined challenges in Europe and Central Asia. We discussed effective teacher policies with policymakers across 14+ countries. 🙌 Thank you @mich_rutk , Deon Filmer, @thosethatcan, OECD and UNESCO for great contributions! @WorldBankECA
During the #WBGMeetings, we hosted 14 Knowledge Cafés, centered around people, planet, prosperity, infrastructure, and digital. Featuring highlights of our latest @WorldBank knowledge, bringing together experts & practitioners. Rewatch the sessions: wrld.bg/Wy8750Ru9mu
The private sector pillar of the #WorldBank Group 🇹🇷 IFC - International Finance Corporation's investment in Get Midas aims to boost digitalization and competition in #Turkey's brokerage sector. #IFC4Turkey; :@IFC_ECA wrld.bg/ITPK50RuWjc
Europe and Central Asia has plenty of room for improving business dynamism and innovation. Unleash the private sector for stronger economic growth in line with ambitions to reach high income. Take a look at our blog with @anbassani. blogs.worldbank.org/en/europeandce…
Amidst sluggish growth, emerging Europe and Central Asia countries confront a pivotal moment in the region’s path to growth. The @WorldBankECA report highlights the role of private sector innovation in navigating economic turbulence: wrld.bg/v7MS50RiQs3 #ECAUpdate
Discrimination against and exclusion of LGBTI+ people in the job market could cost #NorthMacedonia and #Serbia up to $357 million a year, @WorldBank studies found. To end extreme #poverty, we must build more inclusive and equitable societies. Learn more: wrld.bg/EVuH50PPChk
Izmir faces urbanization and water stresses worsened by climate change. By partnering with @IFC_org, the city has tackled water quality & service challenges: wrld.bg/OJ4j50Rr6YZ
Uzbekistan prepares for participation in PISA 2025 with World Bank assistance daryo.uz/en/2024/04/30/…
Why should countries promote women’s work in #technicaljobs? 👷🏽♀️Jobs should depend on one’s #skills & #training rather than #gender 👷🏽♀️Economic empowerment 👷🏽♀️Benefits for businesses 👷🏽♀️Economic growth Read the blog: wrld.bg/xYXY50RgfUs
Secure land tenure is key for private sector growth! With clear ownership rights, Kosovo can attract investors, improve access to credit, and boost public services. Thanks to @WorldBank for catalyzing reforms with Development Policy Financing. wrld.bg/Pl3s50RsQZl
Partnering with #Uzbekistan's educational authorities, we’ve begun preparations for pilot testing of #PISA2025 in the country, engaging thousands of schoolchildren. We're proud to have supported this initiative in 2022 when Uzbekistan first joined #PISA tinyurl.com/4ypwt44e
Eliminating poverty globally is both vital and attainable. Strong call from @martinwolf_ in support of @WBG_IDA, which is providing essential support in areas like agriculture, education, energy, and access to clean water for the poorest countries across Europe and Central Asia.
Martin Wolf: We risk a lost decade for the world’s poor on.ft.com/4b879q2
"We have to focus on results and impact. This will require more from @WBG_IDA. It will require more from all parts of the @WorldBank Group, governments and the private sector." Watch Ajay at the IDA Heads of State Summit wrld.bg/11xL50RrikU #IDAworks #IDA21
🇰🇿 #Kazakhstan is making progress on #energy reform, having committed to gradually phasing out costly subsidies & introducing a more equitable tariff structure. Discover how these reforms will pave the way for #SustainableEnergy in the country: wrld.bg/Wp8850QoMQs
Countries with robust capital markets are better able to: ➡️manage financial crises ➡️help firms maintain solvency ➡️enable businesses to access local currency @IFC_org has long been at the forefront of local currency financing. wrld.bg/jYfW50Rm44G
The @WorldBank is happy to be supporting #Türkiye’s Carbon Market Developmentthrough a $4.95m grant under the Partnership for Market Implementation Program
Izmir faces urbanization and water stresses worsened by climate change. By partnering with @IFC_org, the city has tackled water quality & service challenges: wrld.bg/B1O750RnCWr
To achieve their net zero goals, Türkiye is taking important steps to decarbonize their public transport through electric trams and buses. Learn more: wrld.bg/NNxN50Rr30R #ClimateSmartTurkiye
To boost investment, .@WBG_IDA countries must improve fiscal, monetary, & financial policy frameworks and advance an array of structural reforms to strengthen institutions & enhance human capital. -Ayhan Kose, Deputy Chief Economist Learn more ➡️ wrld.bg/KKh950RlojF
"To address labor shortages Croatia should adopt a migration policy & make a strong push to increase labor market participation rates", said Josip Funda, @WorldBank #Croatia Senior Country Economist, during "Economic prospects for 2024/2025” panel at the #InvestmentsForum.