Uganda joined the World Bank on September 27, 1963, along with the IBRD, IDA and IFC. It later joined the ICSID on October 14, 1966, and the MIGA on June 10, 1992. [1] Uganda also holds the chair for the 22 nation Africa Group 1 Constituency, headed by Anne Kabagambe. [2] Uganda holds 0.07% [3] of the vote in the IBRD while its constituency holds 1.92%. In the IFC, Uganda holds 0.05% [4] of the vote while its constituency holds 1.31%. [5] Uganda in the IDA holds 0.18% [6] of the vote, while the Africa Group 1 Constituency commands 4%. [7] In the MIGA, meanwhile, Uganda has 0.21% [8] while its constituency holds 3.54% [9] of the vote.
Uganda’s economy has recently experienced a slight rebound after a five year slow down, giving rise to a feeling of optimism. However, economic growth remains heavily intertwined with agriculture and natural events, [10] as well as favorable trade conditions going forward. Regional instability among Uganda’s top trading partners combined with a 1.2 [11] million refugee population has also placed strains on Uganda’s economy. Additionally, despite passing its Millennium Development Goal of halving poverty, preventing those who have escaped poverty from sliding back in has proven difficult. [12] The main World Bank projects are involved in infrastructure and education in order reduce poverty in the country, with eleven projects currently underway.
World Bank initiatives have been focused on reducing poverty through infrastructure development and education. This has included road development, internet accessibility, water management, and nutrition and business education. [13] Education in particular is important, since the average years of education for a Ugandan at age 18 are 7 years, yet regionally it is 8.1. Furthermore, the actual amount learned during these years is questionable and is reduced to 4.5 years of “actual” learning. The Ugandan budget for education is also much lower than others in its region at only 2.6% of GDP. [14]
Infrastructure development is a major part of World Bank aid to Uganda and generally involve urbanizing and transportation objectives. One such project is the Uganda Support for Municipal Development Project (USMID), which is a USD$150 million IDA led project that began in 2013 with potential plans to expand since 2018. The project was conceived in order to facilitate urban infrastructure development by lending money for the development of fourteen municipalities, where each of these municipalities has considerable autonomy in choosing what kinds of infrastructure programs best suit them. The project is also part of Programs-for-Results, which seeks to deliver aid based on improvement results. [15] [16] On April 19, 2018, the IDA proposed increasing the amount by an additional USD$335 million with the intention of increasing the geographical range of the program to eight more municipalities while increasing the depth of the program in existing ones. It is also designed to help alleviate problems associated with refugee influxes and rapid urbanization in Uganda. [17]
Other examples of large infrastructure development projects include the North Eastern Road-Corridor Asset Management Project (NERAMP), which is designed to increase the efficiency, oversight and quality of road building in the north. [18] There is also the Water Development program which is supposed to help integrate water planning and sanitation services. [19]
Education in Uganda remains a pressing concern for development goals. Education is currently characterized by teacher and student absenteeism, lack of resources, [20] as well as low government spending. [21] According to the UN, Uganda is also home to the third largest refugee population in the world, [22] adding additional stress to its economy and increasing demand for education. Several World Bank projects are designed to help with this, including the Uganda Multi-Sectoral Food Security and Nutrition Project and the Uganda Skills Development Project. The Uganda Multi-Sectoral Food Security and Nutrition Project seeks to educate people about micro-nutrient rich eating and gardening techniques, as well as holding various workshops demonstrating healthy food habits. [23] Meanwhile, the Uganda Skills Development Project is a multi-objective program designed broadly to improve worker skills, fill the needs of the economy, and provide regulation for other training services. [24]
Project Name | Start Date | Commitment Amount |
---|---|---|
Civil works on the 92-km long Vurra-Arua-Koboko-Oraba Road | December 1, 2009 | N/A |
North Eastern Road-Corridor Asset Management Project (NERAMP) | April 30, 2014 | $243.8 million USD |
Regional Communications Infrastructure Program (RCIP) | May 22, 2015 | $75 million USD |
Uganda Support for Municipal Development Project (USMID) | March 28, 2013 | $150 million USD |
Water Development Project | June 26, 2012 | $135 million USD |
Uganda Skills Development Project | April 22, 2015 | $100 million USD |
Health Systems Strengthening Project | May 25, 2010 | $130 million USD |
Reproductive Health Voucher Project | October 3, 2014 | $0.00 million USD |
Northern Uganda Social Action Fund | May 27, 2015 | $130 million USD |
Uganda Multi-Sectoral Food Security and Nutrition Project | January 7, 2015 | $0.00 million USD |
Competitiveness and Enterprise Development Project (CEDP) | May 9, 2013 | $100 million USD |
The Millennium Development Goals (MDGs) were eight international development goals for the year 2015 that had been established following the Millennium Summit of the United Nations in 2000, following the adoption of the United Nations Millennium Declaration. These were based on the OECD DAC International Development Goals agreed by Development Ministers in the "Shaping the 21st Century Strategy". The Sustainable Development Goals (SDGs) succeeded the MDGs in 2016.
Although the roles, livelihoods, and safety of women in Tanzania have improved significantly since the 20th century, the nation remains a strongly patriarchal society in which women face high rates of gendered violence and barriers to full legal rights and education.
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD), International Finance Corporation and International Development Association (IDA), three of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Millennium Development Goals as well as environmental and social safeguards.
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China originally joined the World Bank Group(WBG) on December 27, 1945. However, after the Chinese Civil War, the World Bank recognized the Republic of China as its member, until the relationship ended in 1980, when the membership was replaced by the People's Republic of China. The People's Republic of China (PRC) did not become involved with the World Bank group until 1980, when it first joined the World Bank in April due to the market reforms known as reform and opening-up. Prior to the economic reform and its relation with the World Bank, according to CRS, "China maintained policies that kept the economy very poor, stagnant, centrally controlled, vastly inefficient, and relatively isolated from the global economy" Since its entry into the World Bank, China has transformed into a market-based economy and has experienced rapid economic and social development. Currently, although China has become the world's second largest economy with 1.4 billion population, it still has a close relationship with the World Bank in areas such as poverty, environmental protection and new challenges from the reform.
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Vietnam joined the World Bank Group (WBG) on 21 September 1956. Before the mid-1980s, Vietnam was one of the world's least developed countries. A series of economic and political reforms launched in 1986, known as Đổi Mới, caused Vietnam to experience rapid economic growth and development, becoming a lower middle-income country. The World Bank (WB) has maintained a development partnership with Vietnam since 1993. As of 25 March 2019, it has committed a total of US$24 billion in loans, credits, and grants to Vietnam through 165 operations and projects, 44 of which are active as of 2019 and comprise US$9 billion. With an estimated extreme poverty rate below 3% and a GDP growth rate of 7.1% in 2018, Vietnam's economy continues to show fundamental strength and is supported by robust domestic demand and export-oriented manufacturing.
The relationship between Ethiopia and the World Bank was formalized on December 27, 1945.
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Mali joined the World Bank Group in 1963 after they gained their independence from France in 1960. They are a low-income country with 41.3% of their population living under the poverty line in 2019. Additionally, Mali is a landlocked country whose economy is vulnerable to changes in climate. Thus, Mali has relationships with the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporations (IFC), and the Multilateral Investment Guarantee Agency (MIGA). In 2019, the IBRD and IDA committed to lending 500 million US dollars to projects in Mali, a large jump from 2018, where only US$178 million was lent. The bank group is currently involved in 30 projects in the region.These projects focused on areas such as mining, cotton, climate change, good governance, and health. Since 2013, the World Bank Group has worked alongside their UN mission counterpart, MINUSMA to create stability and growth in the region. The current World Bank Country Director for Mali is Soukeyna Kane.
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