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According to the updated Low-Income Country Debt Sustainability Framework (LIC DSF), the Democratic Republic of the Congo (DRC)'s debt-carrying capacity was assessed as weak. DRC remains at a moderate risk of external and overall debt distress, with limited space to absorb shocks. The debt...
Persistent link: https://www.econbiz.de/10012646583
This portfolio review, led by the Global Facility for Disaster Reduction and Recovery's (GFDRR) Disaster-FCV Nexus thematic area, aims to contribute to the GFDRR's overarching objective to help low- and middle-income countries understand and reduce their vulnerability to natural hazards and...
Persistent link: https://www.econbiz.de/10014454271
Sector Investment Programs (SIPs) are an important initiative for addressing several weaknesses of development aid practice. A SIP is an integrated program comprising a strategy for the sector, a government expenditure program, a management framework providing for common implementation...
Persistent link: https://www.econbiz.de/10005486397
The China Country Climate and Development Report (CCDR) provides analysis and recommendations on integrating the … adequate mitigation and adaptation efforts, climate risks will become a growing constraint to China's long-term growth and … reforms necessary to achieve a lasting economic transformation. Hence, China will need to grow and green its economy at the …
Persistent link: https://www.econbiz.de/10013544987
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...
Persistent link: https://www.econbiz.de/10012564414
The World Bank Treasury's Reserve Advisory and Management Partnership (RAMP) conducted its third survey on reserve management practices in 2021. One hundred and nineteen central banks, from different regions, income groups, and reserve levels, contributed to the survey, which included questions...
Persistent link: https://www.econbiz.de/10012700674
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....
Persistent link: https://www.econbiz.de/10012700719
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...
Persistent link: https://www.econbiz.de/10012700720
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...
Persistent link: https://www.econbiz.de/10012700730
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....
Persistent link: https://www.econbiz.de/10012603724