(MDBs) — including the World Bank and the African Development Bank (AfDB) — adopted significant changes to their procurement … processes and procedures in efforts to increase flexibility and achieve value for money with integrity. In July 2015, the World … as “a once-in-a-generation systematic reform and culture change” in how the World Bank approaches procurement. The new …

The World Bank began operations on June 25, 1946. Although it was established to finance European reconstruction after … World War II, the bank today is a considerable force in the health, nutrition, and population (HNP) sector in developing … countries. Indeed, it has evolved from having virtually no presence in global health to being the world's largest financial …

allocation and provide more aid to countries geographically more distant from the centers of the Western world. While the …