This Systematic Country Diagnostic (SCD) comes at critical moment in Tunisia. Since the 2011 revolution and the promulgation of a new constitution in 2014, Tunisia has been navigating a difficult political transition. While there have been gains in poverty reduction, public trust in government...

The overarching objective of the Seoul Center for Finance and Innovation partnership was to improve and develop financial and private sectors in the East Asia and Pacific (EAP) region by delivering better technical assistance and advisory services to EAP countries. To achieve this objective, the...

Disasters associated with the impact of natural hazards have had adverse social and fiscal effects on Panama over time, and the Government of Panama (GoP) is therefore committed to strengthening the financial management of disaster risks. Actions taken by the GoP in financial management of...

This report forms part of the World Bank's technical assistance project undertaken with the European Commission's Directorate-General for European Civil Protection and Humanitarian Aid Operations (DG ECHO) and financed under the Union Civil Protection Mechanism (UCPM) Annual Work Program 2020....

The objective of this report is to summarize insights and provide recommendations related to the challenges and opportunities for civil protection (CP) agencies to leverage investments for disaster prevention and preparedness. This report draws on the findings of stakeholder consultations and...

Implicit contingent liabilities, such as those generated by natural disasters, are often not quantified in the government balance sheet. However, when they materialize, they place pressure on government finances that may raise interest expenditures and financial risks. Understanding the impacts...

This report forms part of the World Bank's technical assistance project undertaken with the European Commission's Directorate-General for European Civil Protection and Humanitarian Aid Operations (DG ECHO) and financed under the Union Civil Protection Mechanism (UCPM) Annual Work Program 2020....

This report presents an analysis conducted by the World Bank to assess macro-fiscal impacts of earthquakes and floods in European Union (EU) Member States (MS), analyze the financial instruments in place to manage this risk and identify any associated funding gaps. The analysis is underpinned by...