World Bank
Use attributes for filter ! | |
Web site | www.worldbank.org |
---|---|
Headquarters | Washington |
D.C. | |
United States | |
Founded | Bretton Woods |
New Hampshire | |
United States | |
Subsidiaries | International Finance Corporation |
International Bank for Reconstruction and Development | |
Founders | Harry Dexter White |
John Maynard Keynes | |
Presidents | David Malpass |
Ajay Banga | |
Raw motto | Working for a World Free of Poverty |
Parent organizations | World Bank Group |
Okra answer panel mission | Mission |
Okra answer panel criticism | Criticism |
Okra answer panel ownership | Ownership |
Okra answer panel value | Value |
Okra answer panel history | History |
Okra answer panel goals | Goals |
Okra answer panel grade level | Grade level |
Okra answer panel structure | Structure |
Legal status | Treaty |
Date of Reg. | |
Date of Upd. | |
ID | 618504 |
About World Bank
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.
COP28: Can a climate summit in an oil state change anything?
... Also look out for evidence that big global institutions like the World Bank and the International Monetary Fund are bowing to pressure to change their lending rules to help get the cash flowing...
Toxic gas putting millions at risk in Middle East, BBC finds
... Working with BBC Arabic, environmental scientists combined this information with the volumes of gas flared - which the World Bank publishes - to work out total pollution...
UK government plans radical shake-up of foreign aid for climate change disasters
... The idea is to use the balance sheets of international financial institutions, such as the World Bank and the IMF, to guarantee greater investment in development from private capital such as pension funds...
Ethiopia PM Abiy eyes Red Sea port, inflaming tensions
... The Ethiopian economy is in a tailspin, and desperately needs a bailout from western donors along with the International Monetary Fund (IMF) and World Bank...
Shell posts $6. 2bn profit as oil prices rise again
... Earlier this week, the World Bank warned that the conflict in the Middle East could push the price of crude oil up to $150 a barrel - compared to $85 today...
Afghan refugees forced to leave Pakistan say they have nothing
... The unemployment rate more than doubled from the period immediately before the Taliban takeover to June 2023, according to the World Bank...
World Bank warns oil prices could reach $150 a barrel
...By Vishala Sri-PathmaBusiness reporterOil prices could rise to more than $150 a barrel if the conflict in the Middle East escalates, according to the World Bank...
China's roads win hearts in South Asia - but at a cost
... That s why it has gotten into the risky business of international bailout lending, " said Carmen Reinhart, a former World Bank chief economist and one of the study s authors...
South Africa period poverty: 'I don't want anyone else to use rags for sanitary pads'
By Gem O'ReillyBBC News
Tamara Magwashu was bullied at school as her Family was not rich enough to afford sanitary pads.
Now 27, She grew up in a poor township in South Africa 's Eastern Cape province and watched her single mother use old rags during menstruation.
Tamara would take at least a week off school while She was on her period, and had to learn How To fold and use the rags, which were very uncomfortable.
That scarring experience has motivated her as an adult.
" I made a choice deep within me that I didn't want anyone else to go through what I did, " She tells The Bbc .
" So I had the idea to create My Own company, to eradicate period poverty. "
She now delivers sanitary pads to hundreds of schools in the Eastern Cape .
'Grew up in a Shack 'Her work has been recognised by her community and She was nominated for this year's Forbes magazine 30 under 30 list, which showcases young campaigners and entrepreneurs from around The World .
Describing her upbringing in The Township of Duncan Village in The City of East London , Tamara says She has lived her entire life " in a Shack - Never had any windows, Never had any [piped] water".
She decided to get part-time jobs After School to try and make ends meet for her Family - and to help when She was on her period.
" I started to work whenever I could around my studies so that I could buy sanitary pads because for me those rags were very uncomfortable. "
Tamara also says that as a teenager She found it very difficult to understand why She was getting period pains, because there was very little education about menstruation.
She was not alone in this struggle.
Anti-poverty NGO The Borgen Project South African girls cannot afford to buy sanitary products.
Across the globe, the World Bank says that at least lack access to the facilities they need during their periods.
Un Women reckons that worldwide have no safe, private toilet to go to.
And that is the case for Tamara and her Family . They share a Public Toilet with around 50 others in her township.
Despite South Africa being one of the wealthiest countries on The Continent , the young businesswoman thinks it only really " shines from the outside".
When She went to university in Johannesburg to study Public Relations , Tamara managed to start saving some money from her student loan as well as income from her part-time jobs in order to start her own business, with a view to changing things for women and girls in her community.
She had to be self-sufficient as She had tried to get a business loan but no-one would take a risk on her as She did not have any assets to her name.
She eventually launched The Business in 2021 with the aim of selling period products at an affordable price for disadvantaged women.
She called it Azosule, which means " to wipe away every tear from their eyes" in South Africa 's Xhosa Language .
It also has a charitable arm, using a portion of its profits. Tamara created the " She needs you" campaign where She goes into schools in rural areas to deliver pads for free.
The Borgen Project estimates around do not attend school there while they are on their period because they do not have access to sanitary products.
'It was like Christmas'Her former Secondary School headteacher is proud of her work.
" She has helped The Girls so much. She has brought so many pads that The Girls have enough for six months - it was like Christmas for them, " Thazea Mnyaka says.
" These Girls come from disadvantaged backgrounds where their only meals can come from school, how can they buy sanitary products? "
In addition, Tamara does local pad drives on The Street , where She hands out her products in marginalised communities.
Yazini Kuse is A Journalist , also from Duncan Village, and She was The First reporter to cover what Tamara was doing.
" I was captivated by her work. She 's advocating for the dignity of Young Girls and women's Human Rights because we don't have much.
" She 's working towards restoring that, " She tells The Bbc .
" Despite being in that situation of poverty herself, She 's trying to improve the lives of others, which is Amazing - She 's a walking testimony of the importance of this. "
There are others in the country working on the same issue.
Nokuzola Ndwandwe is a campaigner from Durban who successfully got a sales tax on tampons scrapped in South Africa , and is working to get a bill passed that focuses on menstrual hygiene.
The Menstrual Health Rights Bill is backed by a collective of 31 organisations which are campaigning for free period products and want The South African government to recognise menstrual health as a Human Rights issue.
She says: " We wanted [the tax] scrapped on products because they're expensive. We Are in discussions with key members of The State and Un Women .
" It's important that we empower Young Women to take action. Women and girls in rural areas like Tamara's should continue to raise their voices and come forward. "
Tamara is ambitious and wants to eventually expand her work to other African countries. She also wants men to be aware of the importance of breaking down taboos.
" Period poverty is not a women's issue, it's a societal issue, " She says, " and until we can understand that We Are not going to move forward. "
Related TopicsSource of news: bbc.com