The World Bank
Recent News About The World Bank
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World Bank approves $31 million project to boost resilience in Djibouti
The World Bank has announced the approval of a $31 million project aimed at bolstering socio-economic conditions in underserved areas of Djibouti.
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World Bank highlights Rwanda's energy opportunities amid affordability challenges
Rwanda is poised to harness its potential for development by focusing on the productive use of energy (PUE), according to a recent World Bank report titled "Energizing Rwanda’s Development: Opportunities and Strategies for Catalyzing Productive...
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Comoros strengthens disaster preparedness after Cyclone Chido devastation
Cyclone Chido caused significant destruction when it struck the Comoros islands of Anjouan and Mohéli on December 14, 2024.
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Community initiative revitalizes farmland in Mauritania
In the village of Djeibaba, located in southern Mauritania's Edebay Ehl Guelay commune, a dam built in 1995 irrigates 500 hectares of farmland.
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World Bank urges reforms amid projected economic contraction in South Sudan
South Sudan's economy is facing significant challenges, as highlighted in the latest edition of the South Sudan Economic Monitor (SSEM) released by the World Bank.
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World Bank issues USD 6 billion bond amid volatile market
The World Bank has successfully priced a USD 6 billion benchmark bond set to mature in March 2030.
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World Bank urges reforms in Europe & Central Asia to achieve high-income status
The World Bank has released a report emphasizing the need for middle-income countries in Europe and Central Asia to adopt robust technology, foster innovation, improve education, and enhance energy efficiency to reach high-income status.
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Egypt strives to boost women's workforce participation amid persistent challenges
Women in Egypt constitute nearly half of the population, yet their participation in the workforce remains limited.
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Guinea girl escapes forced marriage with help from World Bank-backed project
As the sun rises over Dogomet, a town in Guinea, children play while women engage in daily tasks.
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World Bank forecasts steady GDP growth for Viet Nam through 2026
Viet Nam's economy is projected to experience growth of 6.8 percent in 2025 and 6.5 percent in 2026, as reported by the World Bank in its latest economic update titled "Taking Stock."
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World Bank enhances crisis toolkit amid Caribbean leaders' advocacy
In 1980, Adolf Ratzka, a German disability rights activist, became frustrated with decisions about disabled people’s lives being made without their input.
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Liberia aims for sustainable growth through ambitious economic transformations
Liberia, one of the world's poorest nations, faces significant challenges including high poverty rates, low human development, and inadequate sanitation.
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World Bank suggests key reforms for sustainable growth in Liberia
The World Bank has released a new report titled "Escaping the Natural Resource Trap: Pathways to Sustainable Growth and Economic Diversification in Liberia."
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World Bank suggests roadmap for eradicating extreme poverty in Mexico
The World Bank has released a new Poverty and Equity Report on Mexico, suggesting that the eradication of extreme poverty in the country can be achieved through targeted public policy.
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Mexico's path to eradicating extreme poverty: Key policy recommendations
The report on poverty reduction in Mexico outlines three key policy areas necessary for eradicating extreme poverty: inclusive growth, efficient social policy, and infrastructure to address vulnerability.
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World Bank supports Albania’s digital transformation with $80 million funding
The World Bank Group's Board of Executive Directors has approved an additional $80 million in financing to support Albania's public sector modernization and digital transformation agenda.
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Innovation paradox challenges growth potential in Latin America
A bakery in Lima, founded in 2007, is redefining the perception of traditional industries by embracing innovation and growth.
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Report highlights challenges for middle-income countries aiming for high-income status
Since 1990, a total of 27 countries worldwide have achieved high-income status.
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Armenia launches RESILAND project to tackle land degradation
Armenia is facing significant challenges with land degradation, primarily affecting its forests and wetlands.
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World Bank launches sustainable artisanal gold mining initiative
In 2023, the World Bank and the World Gold Council embarked on a collaborative effort to advance sustainable and responsible artisanal and small-scale gold mining (ASGM).