The World Bank
Recent News About The World Bank
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World Bank reports surge in global gas flaring undermining energy goals
Global gas flaring has increased for the second consecutive year, resulting in approximately $63 billion worth of lost energy.
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World Bank supports Azerbaijan's judicial modernization with $150 million funding
Between 2014 and 2024, Azerbaijan made significant advancements in modernizing its judiciary system to improve access, transparency, and efficiency.
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World Bank updates procurement rules to support local job creation
The World Bank has announced an update to its procurement requirements, aiming to address job challenges in developing countries.
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World Bank-funded project transforms lives in rural Djibouti
Mariam Housein, a resident of Ali-Addeh in Djibouti, shared the challenges her family faced due to limited educational facilities.
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Vietnam targets high-income status by 2045 through institutional reform
Viet Nam aims to become a high-income country by 2045, and a new report highlights the critical role of institutions in achieving this goal.
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World Bank reports on Angola's economic growth amid calls for financial inclusivity
Angola has experienced its most significant economic growth since 2014, with a real GDP increase of 4.4% in 2024.
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Haiti launches financial management project with $60M World Bank grant
The Government of Haiti launched the Haiti Strengthening Public Financial Management Project on July 14, 2025.
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Benin projects economic growth despite challenges
In 2024, Benin experienced a significant economic growth rate of 7.5%, the highest since 1990, primarily driven by the services and industry sectors.
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IDA's role in evolving global aid architecture
Since the early 2000s, global aid architecture has transformed significantly without a clear blueprint.
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Women drive change through economic empowerment initiatives in rural Djibouti
The Development Response to Displacement Impacts Project (DRDIP), initiated in 2017, aimed to enhance the living conditions of displaced populations and host communities in Djibouti, Ethiopia, and Kenya.
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World Bank pledges continued support for Bangladesh's development
DHAKA, July 16, 2025—Johannes Zutt, Vice President for South Asia at the World Bank, concluded his initial official visit to Bangladesh.
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World Bank supports Croatia's growth with new partnership framework
Over the past decade, Croatia has demonstrated economic resilience in a changing global environment.
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World Bank Group outlines strategies to empower global female entrepreneurs
In rural India, two small business owners, Rekha and Jaya, highlight the disparities in entrepreneurial success despite similar initial conditions.
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World Bank supports Egypt's economic and social reforms for sustainable development
Egypt is undergoing significant economic and social reforms to promote sustainable and inclusive development.
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World Bank approves $9.175M grant for urban resilience in Central African Republic
The World Bank has approved an additional grant of $9.175 million from the Global Environment Facility for the Inclusive and Resilient Cities Project in the Central African Republic.
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Madagascar's TALIM project receives $185M funding to improve primary education outcomes
Antananarivo, July 22, 2025 — The newly approved Transforming Access and Learning in Madagascar (TALIM) Project aims to benefit 4.7 million Malagasy students in pre-primary and primary education, along with 135,000 teachers and 27,000 public...
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Mauritania and Chad sign $137M education funding agreements with World Bank support
The governments of Mauritania and Chad have signed funding agreements for the Regional Engagement for Learning and Collaboration in Education (RELANCE) Project.
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World Bank urges resilient development as Indian cities face climate challenges
India's urban areas are poised to become significant economic hubs, with a new World Bank report indicating that cities will generate 70% of new jobs by 2030.
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World Bank supports women's economic opportunities across Europe & Central Asia
From 2017 to 2024, World Bank-supported programs helped over 20,000 women in Bosnia and Herzegovina secure private sector jobs through public and private employment services.
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World Bank aids Romania in human resources management reforms
Romania is making strides in transforming its public administration through comprehensive human resources management (HRM) reforms.