(March 6, 2006) The former head of Canada’s development aid agency has suggested that corruption in World Bank projects still goes unchecked, and that anti-graft actions were often disjointed from other aspects of the bank’s work.
(February 22, 2006) The World Bank has given China’s second-largest hydropower project a satisfactory rating on its financial performance, despite its failure to meet the Bank’s financial targets and its near-bankruptcy in the first five years of operation.
(February 10, 2006) Report from renowned expert outlining improvements made public by GAP.
(January 18, 2006) The World Bank has given China’s second-largest hydro project a satisfactory rating on the resettlement of 46,000 people, despite having no data to assess whether anyone is better or worse off.
(January 16, 2006) The World Bank has given Ertan, China’s second-largest hydro project, a satisfactory rating on the resettlement of 46,000 people, despite having no data to assess whether anyone is better or worse off.
(November 30, 2005) The World Bank has approved a $100 million loan to Iraq to help reduce overcrowding in the country’s schools.
(November 21, 2005) Despite improved efforts by the World Bank on corruption ahead of other regional development banks, there is still a striking inconsistency between the Bank’s discourse and practice.
(November 18, 2005) U.S. President George Bush has signed into law legislation urging greater transparency and accountability at the five international multilateral development banks MDBs).
(November 15, 2005) Legislation to encourage greater transparency and accountability in the World Bank and other international lending institutions has been signed into law by President George W. Bush.
(October 28, 2005) The World Bank and the new Government of Kenya have committed to work closely together on additional measures to fight corruption in development projects.
(October 3, 2005) Corruption remains a formidable barrier to development, the recently appointed World Bank President Paul Wolfowitz said in his first address to the annual World Bank and International Monetary Fund meetings in Washington.
(September 26, 2005) The World Bank’s policy-making committee endorsed a sweeping plan to wipe out billions in debt owed by the world’s poorest countries, most of them in Africa, clearing the way for debt relief to begin early next year.
(August 21, 2005) The World Bank has come under fire from one of its own internal watchdogs over its role in funding a gold mine project in Guatemala.
(July 26, 2005) Thousands of indigenous Maya people from Guatemala protested at the World Bank Tuesday demanding compensation for being driven from their ancestral lands by the blood-soaked construction of a bank-funded dam.
(June 16, 2005) Foreign financial assistance is not based on sound economic policies or genuine democratisation principles and inevitably contradicts sound nationalistic economic policies, claims an editorial by New Vision,Uganda’s largest daily.