The World Bank says the COVID-19 pandemic will have major effects on developing countries.

The President, David Malpass gave the hint at the Spring Meetings 2021 G20 Finance Ministers and Central Bank Governors Meeting.

Malpass noted that the crisis came on top of persistent development challenges, including stagnant median incomes, fragility and violence and damages caused by climate change.

Identifying closed schools, lost jobs, depletion of savings and assets and growing debt overhangs as the aftermath of the pandemic, Malpass said “COVID-19 will leave lasting scars on developing countries.”

He announced that in 2020, the World Bank achieved a record 65% growth in commitments and doubled trade and working capital finance to fill the banking vacuum that hit private sectors.

“In 2020, bank-wide commitments topped $100 billion for the first time and we expect new vaccination operations in 50 countries by mid-year.”

Malpass confirmed that the main elements of the Climate Change Action Plan had been presented.

The agenda includes new targets for financing and steps to have as much impact as possible in improving the trajectory of greenhouse gas emissions and saving lives and livelihoods.

On debt, the World Bank commended the decision by the G20 to extend the Debt Service Suspension Initiative (DSSI) through 2021.

The institution assured it is working closely with the International Monetary Fund (IMF) to support the implementation of the G20 Common Framework.

_______________________________________________________________________ Groundbreaking Guide For Lawyers: Adigwe Publishes ‘Artificial Intelligence For Lawyers’ With Free Research eBook The book also examines Nigeria's legal ecosystem, focusing on the LPELR and NBA AI Guidelines. As a bonus, every purchase comes with a FREE eBook titled: How to Use the AI Features in LegalPedia and LawPavilion. Ohio Books Ltd praises the publication, stating: "....this is the only Nigerian book I know of on the topic." How to Order: 📞 Call, Text, or WhatsApp: 08034917063 | 07055285878 📧 Email: benadigwe1@gmail.com 🌎 Website: www.benadigwe.com Ebook Version: Access it directly online at https://selar.com/prv626 Authored by Ben Ijeoma Adigwe Esq., ACIarb (UK), LL.M, Dip. in Artificial Intelligence, Director at the Delta State Ministry of Justice, Asaba, Nigeria. _______________________________________________________________________

“Order Justice Omolaye-Ajileye’s Electronic Evidence Books Now” — Essential Guides On Evidence Act, Case Law And Digital Proof

Two leading books on electronic evidence by Hon. Justice Professor Alaba Omolaye-Ajileye, Rtd., PhD, FICMC, are now available for purchase. The publications, Electronic Evidence (Second Edition), With The Evidence Act, 2011 and Compendium Of Cases On Electronic Evidence, Volume II, 2020–2025, provide practical guidance, legal analysis and recent judicial authorities on electronic evidence in Nigeria.Order directly from the author here: https://velvety-cendol-7387ed.netlify.app/ ______________________________________________________________________ [A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials
“Evidence Act: Complete Annotation” by renowned legal experts Sanni & Etti.
Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation ________________________________________________________________________ “Enhance Legal Practice With Authoritative Reports” — Alexander Payne Offers Comprehensive Law Reports, Spanning Over A Century Of Nigerian Jurisprudence

Interested buyers are encouraged to place their orders and enquiries via: 0704 444 4777, 0704 444 4999, 0818 199 9888 Website: www.alexandernigeria.com

_______________________________________________________________________