Marcel Rached

IFC Country Head for Jordan-World Bank Group

[IFC Middle East @IFC_MiddleEast]

The @WorldBankGroup’s @IFC_org, signs an MOU with Jordan’s Ministries @mwigovjo & @MoPIC_Jordan, @EBRD & @PROPARCO to reinforce the ongoing commitments to the water sector & enabling infrastructure investments. (1/2)

[World Bank Water @WorldBankWater]

Healthy soil, clean air, clean water and deep biodiversity are essential to 50% of global GDP and 1.2B jobs.

Multilateral Development Banks (MDBs) are aligning on how to track nature finance and protect jobs.

Learn more: https://t.co/t8duxb846J

[IFC Middle East @IFC_MiddleEast]

The 1st private radiopharmaceutical manufacturing facility to be developed in #Jordan and the #MiddleEast, advancing cancer care, job creation, & local manufacturing, following an agreement between @IFC_org and @Experia_HS.
https://t.co/QRj0RCwo1w

[Ministry of Planning and International Cooperation @MoPIC_Jordan]

Minister Zeina Toukan led Jordan’s delegation at the 54th Annual Meeting of the Arab Fund in Kuwait. A five-year Country Partnership Strategy (CPS) was launched with a $690M financing ceiling, and a $65M agreement was signed for the Sheikh Sabah Port Liquefied Natural Gas Project

[رئاسة مجلس الوزراء 🇱🇧 @grandserail]

انتهت جلسة #مجلس_الوزراء قرابة الساعة الثانية وقد ادلى وزير الإعلام بول مرقص بالمعلومات الرسمية آلاتية:
عقد مجلس الوزراء جلسة ثالثة له هذا الأسبوع في السرايا كبير برئاسة دولة رئيس مجلس وزراء ومشاركة السيدات والسادة الوزراء بغياب وزيرة البيئة ، استكمل المجلس درس مشروع قانون إصلاح وضع المصارف في #لبنان وأعاده تنظيمها مادة مادة وعدل بعض أحكام هذا المشروع في اتجاه تعزيز مضمونه وفق الروحية التي صيغ بها وأقره ...
https://t.co/DNiIJf9jFN

#نوّاف_سلام #pcm

[Sergio Pimenta @SergioPimenta_]

Today, @IFC_org & #Egypt’s Universal Healthcare Insurance Authority partner to expand coverage for Egyptians. Together, we will improve healthcare quality and encourage private sector investments in #Egypt’s health sector. #IFCinEgypt

[Apurva Sanghi @ApurvaSanghi]

Our (World Bank) headline take on the M'sian economy

1. GROWTH: 4.3% for 2024; shade < regional avg of 4.5%

2. JOBS: Migrant workers crowd-in jobs for M'sians. Real problem for M'sians? ~4-in-10 M'sians work < skill levels

3. POVERTY: ~16k families still s.t. hardcore pov
🧵

[Riccardo Puliti @riccardopuliti]

We look forward to continuing our support for Malaysia’s development agenda by growing our presence and investment program in the country. Thank you to @MOFmalaysia and @BNM_official for the discussion. #WBGMeetings

[IFC @IFC_org]

⏰Last chance to apply! Calling all graduate students interested in making a difference around the world. Apply to the #IFCImpactChallenge2024 for an opportunity to collaborate and showcase new innovations.

Application deadline is April 15th ➡️ https://t.co/r0A7d9GLat

[Manuela V. Ferro @Manuela_V_Ferro]

Reflecting on this year’s #InternationalWomensDay, it’s crucial to recognize the progress made toward #GenderEquality in East Asia and Pacific. But disparities remain. Let’s continue to #AccelerateEquality and empower every woman to reach her full potential!

[IFC Middle East @IFC_MiddleEast]

Ramadan Kareem.
Wishing you a happy Ramadan filled with joy, reflection, and moments of peace.

[IFC EastAsiaPacific @IFC_EAP]

🔔 IFC’s Katia Daude Gonçalves joined other #WomensDay partners today @SGXGroup for the #RingtheBell event in Singapore. Capital markets play a vital role in helping to overcome barriers to women's employment and leadership. #IFCGender #GenderBell #IWD2024 #InvestInWomen

[Riccardo Puliti @riccardopuliti]

Access to finance is a major challenge for many women-owned SMEs across the 🌏.
To me, #AccelerateEquality means more women entrepreneurs can access capital. I believe that investing in women, like female entrepreneurs, is an investment in our future. #IWD2024 #InvestInWomen

[Marcel Rached @marcelrached]

This year, I am celebrating #WomensDay by advocating for equal pay for equal work. I am proud to be a part of The World Bank Group's push to #AccelerateEquality for a more prosperous and livable world! https://t.co/41wDj8m8kQ
#IFC #worldbankgroup #Malaysia

[Nawaf Salam نواف سلام @nawafsalam]

انتخابي رئيسا لمحكمة العدل الدولية مسؤولية كبرى في تحقيق العدالة الدولية واعلاء القانون الدولي. وأول ما يحضر إلى ذهني ايضاً في هذه اللحظة هو همي الدائم ان تعود مدينتي بيروت، أماََ للشرائع كما هو لقبها، وان ننجح كلبنانيين في إقامة دولة القانون في بلادنا وان يسود العدل بين أبنائه.

[Marcel Rached @marcelrached]

A big thank you to the Joint Committee on Climate Change, @BNM_official and @SecComMalaysia for hosting us at this successful event. We are committed to supporting you in mobilizing more private capital for a low-carbon, climate-resilient future. #JC3Conf2023

[IFC EastAsiaPacific @IFC_EAP]

Congrats to the Joint Committee on Climate Change, @BNM_official & @SecComMalaysia for a successful JC3 Journey to Zero event, where Kim-See Lim & other @IFC_org representatives discussed private sector solutions to Malaysia’s green transition. Read more: https://t.co/vLLxBTLivd

[Apurva Sanghi @ApurvaSanghi]

Our (World Bank) 6-monthly take of the M’sian economy:

G-rowth: ⬇️ 3.9% in 2023; ⬆️ 4.3% in 2024

R-inggit: ⬇️ ‘cos of…find out below ;-)

O-utput: 10% >than pre-Covid level

W-ages: growing, except for “squeezed middle”

S-ubsidies: also growing!

Breakdown of M’sia “GROWS” 🧵

[Apurva Sanghi @ApurvaSanghi]

How's the M'sian economy doing? Our World Bank take on headline macro:

1. M’sia’s 2022 growth among HIGHEST in E. Asia
2. Recovery BROAD-BASED
3. 2022 Govt revenue HIGHER vs 2021
4. Inflation coming DOWN
5. Un- and under- employment both going DOWN

All true headlines BUT...

[IFC EastAsiaPacific @IFC_EAP]

🇲🇾 @IFC_org is pleased to welcome @marcelrached as Resident Representative, #Malaysia, where we recently established a presence to support 🇲🇾’s efforts to foster greater sustainable, resilient, and inclusive growth.

Learn more about our work in Malaysia: https://t.co/ydjKvJBiTO