United Nations
The State Bank of Vietnam (SBV) has announced a consulting services tender to improve supervisory capacities and prudential regulations for banks through a grant from the International Development Association (IDA). The project aims to formulate policies to improve the SBV examination of banks, implement a CAMELS-based rating system, and train
United Nations
United States Senator Norm Coleman, chairman of the Senate's bipartisan subcommittee on investigations, has called for UN Secretary-General Kofi Annan's resignation over the oil-for-food program scandal. Coleman, a Republican, argues that the most extensive fraud in UN history occurred under Annan's watch, with Saddam
United Nations
United Nations Secretary General Kofi Annan's son, Kojo, received $2,500 a month for four years from a Swiss inspection company, Cotecna Inspection Services, with the payments continuing until February of this year. The company is being investigated for suspected fraud and abuses in the oil-for-food program in
United Nations
The World Bank is seeking consultants to assist in the preparation of key parts of the Road Safety Project in Iran, a financing initiative under the Danish Trust Fund. The project aims to improve road safety through technical support, guidance on designing solutions to key problems, reviewing project proposals, and
United Nations
Saddam Hussein's regime exploited the United Nations' sanctions to reap a staggering $21.3 billion in illicit revenues between 1991 and 2003, more than double previous estimates. This staggering sum was used to maintain his grip on power, revive his military-industrial complex, and funnel millions of dollars
United Nations
The Senate Permanent Subcommittee on Investigations will hold a hearing today to examine how Saddam Hussein abused the United Nations Oil for Food program. The program, designed to provide humanitarian assistance to the Iraqi people, was instead used by Hussein to steal an estimated $10 billion, a figure that may
United Nations
The Royal Government of Cambodia, with financing from the International Development Association (World Bank), European Commission, and AusAID, is undertaking the Trade Facilitation and Competitiveness Project. This project aims to streamline and automate trade facilitation procedures, build private sector capacity to export, and support the introduction of competitive private participation
United Nations
The Government of Kiribati has received a $99,100 grant from the Global Environmental Facility to prepare the Kiribati Adaptation Program - Pilot Investment Phase. The project aims to implement climate change adaptation measures, consolidate adaptation mainstreaming into national economic planning, and develop an operational manual for island pilot adaptation.
United Nations
UN Secretary-General Kofi Annan congratulated US President George W. Bush on his re-election, praising the American people for their active participation in the election and Bush's challenger, Senator John Kerry, for his statesmanlike concession. Annan expressed hope for continued "positive and productive" relations between the UN
United Nations
A UN staff member's lawyer claims that UN Secretary General Kofi Annan's admission that he overruled his own investigators in clearing high commissioner Ruud Lubbers of sexual harassment charges will support an appeal against the ruling. The lawyer, Edward Patrick Flaherty, says the admission confirms the
United Nations
The Republic of Indonesia's Ministry of Finance (MOF) is seeking a loan and credit from the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) to support the Government Financial Management and Revenue Administration Project (GFMRAP). The project aims to strengthen the effectiveness, transparency,
United Nations
The Government of Azerbaijan, in partnership with the World Bank, has announced an invitation for bids to rehabilitate the treatment works of the Kura and Jeyranbatan Treatment Works as part of the Greater Baku Water Supply Rehabilitation Project. The project, funded by a credit from the International Development Association (IDA)
