The World Bank
Recent News About The World Bank
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World Bank official reflects on tenure in Albania
Emanuel Salinas, the outgoing World Bank Country Manager for Albania, shared his experiences and reflections on his tenure in an interview originally broadcasted by A2CNN TV station.
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Croatia boosts support for global development with increased pledge to IDA21
The Government of Croatia has announced a substantial increase in its financial commitment to the International Development Association (IDA) for the 21st replenishment cycle, known as IDA21.
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World Bank outlines project timeline for Mozambique initiatives
The World Bank has clarified details regarding its recent and upcoming project approvals in Mozambique.
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World Bank urges Fiji to tackle non-communicable disease crisis
Fiji is currently facing a significant health crisis due to non-communicable diseases (NCDs) and weak health outcomes, according to a new World Bank report.
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UK boosts pledge to World Bank's International Development Association by 40
The United Kingdom has increased its contribution to the World Bank's International Development Association (IDA) by 40%, raising it from 1.414 billion GBP in IDA20 to 1.98 billion GBP in IDA21.
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World Bank launches $204M project for improved energy access in Papua New Guinea
The World Bank has announced the approval of the National Energy Access Transformation (NEAT) Project, a $204 million initiative aimed at improving electricity access for over 400,000 people in Papua New Guinea.
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Fiji faces challenges in managing non-communicable diseases
Fiji, an upper middle-income country, is facing challenges in its health sector that are more typical of a lower middle-income nation.
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Conservation efforts intensify as threats loom over Amazon's jaguar population
The jaguar, known scientifically as Panthera onca, is the largest cat in the Americas and plays a vital role in maintaining the ecological balance of the Amazon rainforest.
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Mongolia's economy projected to grow by over 5% through mining boom
Mongolia's economy is set to expand by 5.3% in 2024 and 6.5% in 2025, as reported in the World Bank’s latest semi-annual Mongolia Economic Update.
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World Bank approves $1 billion projects for Argentina's education and child development
The World Bank's Board of Directors has approved two new projects for Argentina, amounting to a total of $1 billion.
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World Bank identifies climate challenges facing Eastern Caribbean nations
The World Bank Group, in collaboration with the Organization of Eastern Caribbean States Commission (OECS), has released a report addressing climate change challenges and opportunities for Dominica, Grenada, Saint Lucia, and Saint Vincent and the...
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World Bank’s IDA transforms lives through global development initiatives
In a remote area of Yemen, Hamama, a widow with no income, faced challenges due to the lack of electricity.
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Kenya promotes entrepreneurship among youth through innovative projects
Kenya is addressing the challenge of job quality and youth unemployment, despite a relatively low overall unemployment rate of 5.4% and youth unemployment at 8.4%.
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World Bank funds project for forest revitalization in Tripura and Nagaland
The World Bank's Board of Executive Directors has approved a project aimed at supporting over 700,000 individuals in Tripura and Nagaland, India.
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Kiribati considers reforming its copra subsidy program
Kiribati's government is considering changes to its copra subsidy program, a key part of its economic strategy.
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World Bank funds $250 million project for Morocco's solid waste management
The World Bank has approved a new $250 million program aimed at enhancing Morocco's municipal solid waste management system.
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World Bank approves $200 million project to boost Costa Rica's social protection
The World Bank has approved a project to enhance Costa Rica's social protection system, aiming to improve its targeting and efficiency.
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Albania urged to invest $6 billion in climate adaptation over next decade
Albania faces significant challenges from climate change, with the country experiencing high levels of disaster risk and exposure among European nations.
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Governments urged to enhance analytical capabilities for improved decision-making
Governments in Latin America and the Caribbean are confronting significant development challenges, such as insufficient economic growth, inflation, and institutional weaknesses.
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World Bank highlights need for $6 billion investment in Albania's climate resilience
Albania is poised to enhance its resilience against climate change and explore new economic avenues through strategic investments, as highlighted in the World Bank Group’s Country Climate and Development Report for Albania.