María Eugenia Vidal, governor of the province of Buenos Aires, reached an agreement with the World Bank for a 380-million-dollars loan to finance infrastructure works that would be beneficial to more than sixty municipalities. Bidding to start in March.
By Jorge Familiar (*) - One out of every five Latin Americans between the ages of 15 and 24 wakes up every morning with no school to attend or paid job to do. Bogged down by economic constraints, early pregnancy, violence or low expectations, they are the so-called “ninis” — ni estudia, ni trabaja (neither studying nor working) — and they are more than 20 million strong.
The World Bank’s Vice-President for Latin America and the Caribbean, Jorge Familiar, praised the region’s implementation of economic reforms, claiming that they had led to poverty reduction in the last few years, but he also warned that its pace was decreasing.
A new World Bank Group report, “Shared Prosperity and Poverty Eradication in Latin America and the Caribbean”, explores the performance of eight countries to understand what has driven progress, and what it will take to sustain it.
Chile’s Finance Ministry Alberto Arenas, and the World Bank Group (WBG), represented by its Vice President for Latin America and the Caribbean, Jorge Familiar, signed a cooperation agreement to establish in Chile the first Research and Development Center in Latin America, and the second outside Washington, DC.
The World Bank's vice president for Latin America and the Caribbean, Jorge Familiar, on Wednesday highlighted Peru's economic growth over the past 10 years. Peru's average economic growth over the period has registered 6. 5% annually, allowing many Peruvians to escape poverty, said Familiar.
In a 'dialogue without ties' at the World Bank President Jose Mujica said that Uruguay is a 'frontier country' which history did not want it to belong to any of the two big neighbors (Argentina and Brazil) so that the Atlantic ocean would not be left to an only country.
Uruguayan president Jose Mujica flies on Saturday evening to the United States and on Monday at 10:45 will be walking into the White House for a sixty minutes meeting with President Barack Obama. Mujica will be spending five days in Washington where he has scheduled a long list of meetings and conferences.