The World Bank
Recent News About The World Bank
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World Bank estimates Syria's post-conflict reconstruction needs at $216 billion
Syria will require an estimated $216 billion for reconstruction following more than thirteen years of conflict, according to a new report from the World Bank.
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World Bank highlights urgent need for action against global lead pollution
Lead pollution remains a significant but often overlooked development challenge, according to new findings released on October 20, 2025.
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World Bank Group annual meetings focus on holistic economic growth and job creation
This year’s World Bank Group Annual Meetings focused on a new strategy aimed at supporting entire economic ecosystems rather than isolated projects.
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World Bank reviews iTEKAD social finance initiative supporting Malaysian microentrepreneurs
The iTEKAD initiative, introduced by Bank Negara Malaysia (BNM) in May 2020, is a social finance program designed to assist low-income microentrepreneurs in Malaysia.
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World Bank introduces flexible financing tools under IDA21 for development aid
As global challenges intensify, the International Development Association (IDA) is introducing new options for donor contributions under its IDA21 initiative.
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Kazakhstan irrigation project adapts plans to protect nesting white storks
Every year, white storks return to their nests along the road between Mirzakent and Zhetisay in Kazakhstan, nesting atop old power line poles.
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World Bank warns of looming slowdown despite strong growth forecast for South Asia
Growth in South Asia is expected to remain strong in 2025, with a projected rate of 6.6 percent, according to the World Bank’s latest South Asia Development Update.
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World Bank Development Committee reviews progress on jobs growth strategy
The Development Committee, representing the World Bank Group (WBG) and the International Monetary Fund, convened its 112th meeting on October 16 in Washington, D.C., to discuss the current state of the global economy and set priorities for...
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World Bank President Ajay Banga outlines reform agenda focused on jobs at annual meetings
World Bank Group President Ajay Banga addressed the 2025 Annual Meetings Plenary, outlining the institution’s current priorities and recent reforms.
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World Bank Group launches global coalition to boost investment in health systems
On October 16, 2025, the World Bank Group, the Government of Japan, and the World Health Organization announced the launch of the Health Works Leaders Coalition.
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Spain increases support for World Bank sustainability and debt relief initiatives
Spain has announced a contribution of €19.5 million to the World Bank’s Livable Planet Fund (LPF), reinforcing its support for sustainable development and debt relief.
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Smarter irrigation projects boost yields and food security for Nigerian farmers
When Mustapha Adamu surveys farmland in Kano State, northern Nigeria, he recalls the difficulties farmers faced a decade ago.
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World Bank project helps improve skills training for youth and women in Nepal
Nepal is facing a significant demographic shift, with 41 percent of its population aged between 16 and 40 years.
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Singapore and New Zealand contribute to new World Bank financial instruments to boost lending
Singapore and New Zealand have announced new contributions to financial instruments designed to increase the World Bank’s lending capacity for addressing global challenges.
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Global Sovereign Debt Roundtable releases progress report on debt restructuring efforts
The Global Sovereign Debt Roundtable (GSDR) convened in Washington, D.C. to assess ongoing efforts to improve sovereign debt restructuring and address vulnerabilities in debt management.
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Ethiopia’s new right to work directive opens economic opportunities for refugees
When war broke out between Ethiopia and Eritrea in 1998, Michaele Haile left his home and sought refuge in Ethiopia.
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World Bank president Ajay Banga highlights agribusiness role at AgriConnect flagship event
World Bank Group President Ajay Banga spoke at the AgriConnect Flagship Event during the 2025 Annual Meetings, emphasizing the importance of agriculture as a driver for job creation, income growth, and food security.
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World Bank Group report urges reforms for job creation and growth in the Philippines
The World Bank Group has released its first Growth and Jobs Report (GJR) for the Philippines, aiming to address the country’s slow economic growth and persistent employment challenges.
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World Bank highlights job creation as key strategy for ending poverty in Africa
On End Poverty Day, the World Bank Group highlighted its ongoing efforts to address poverty in Eastern and Southern Africa by focusing on job creation and expanding economic opportunities.
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World Bank urges action as climate change threatens Thailand’s economic progress
Thailand faces significant economic and social risks from climate change, according to a new Country Climate and Development Report.