The World Bank
Recent News About The World Bank
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Rwanda receives $9M grant for ecosystem restoration
Communities in Rwanda's Southern Province will benefit from restored ecosystems and improved agricultural productivity through a $9 million grant from the Global Environment Facility.
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Albania advances public service reform with World Bank support
The government of Albania is making strides in institutional reform to improve public services and boost human and economic development.
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World Bank approves $1 billion policy operation for Ethiopian economic reforms
The World Bank's Board of Executive Directors has approved a $1 billion Development Policy Operation (DPO) to aid Ethiopia in its transition toward a more inclusive and private sector-led growth model.
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Local authorities drive development amid crises in Sri Lanka
Sri Lanka has been grappling with numerous challenges in recent years, including economic setbacks and increased poverty.
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World Bank supports environmental efforts in Eastern Partnership countries
The European Union for Environment (EU4Environment) is a €20 million initiative funded by the European Union, with the World Bank as one of its implementing partners.
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Zambia forecasts economic growth driven by mining sector advancements
Zambia's economy demonstrated resilience in 2024, expanding by 4% despite facing challenges such as drought and power outages.
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World Bank highlights digital transformation's role in boosting Thailand's economic growth
Bangkok, July 3, 2025 – The World Bank has released its latest Thailand Economic Monitor titled "Digital Pathways to Growth," highlighting the potential of digital transformation to enhance Thailand's competitiveness, job creation, and long-term...
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World Bank appoints Andrew Kircher as resident representative in Honduras
Andrew Kircher has been appointed as the World Bank Group Resident Representative for Honduras.
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World Bank appoints new representative for Solomon Islands and Vanuatu
Starting July 1, Bernard Harborne assumes the role of World Bank Group Resident Representative for Solomon Islands and Vanuatu.
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Gap fund aids Cambodian cities in green transition
Cambodia is undergoing rapid urbanization, with nearly a quarter of its 17 million population residing in cities.
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Crecer Sano Project improves healthcare access across Guatemalan highlands
Just over a year ago, Laura Guarcas had to endure a two-hour journey and spend up to 150 quetzales for a child’s fever or prenatal checkup.
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World Bank partners with GEF to boost global environmental sustainability
The Global Environment Facility (GEF), co-founded by the World Bank Group, United Nations Environment Programme, and United Nations Development Programme over 34 years ago, continues to address critical environmental challenges worldwide.
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Collaboration reshapes development strategies in the Caribbean
In recent developments, the Caribbean is becoming a focal point for demonstrating the importance of collaboration in global development.
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Philippines seeks better internet connectivity amid slow digital transformation
The Philippines is working to improve its digital transformation by enhancing internet connectivity, a move seen as crucial for poverty reduction and shared prosperity.
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Framework introduced for fcv-sensitive approach in global climate action
Promoting climate action that considers fragility, conflict, and violence (FCV) is essential for helping countries affected by these issues adapt to the growing impacts of climate change.
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World Bank appoints Holly Benner as country manager for Qatar
The World Bank Group has appointed Holly Welborn Benner as the new Country Manager for Qatar.
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World Bank expands Gevorg Sargsyan's role in Maldives
Gevorg Sargsyan, who has been the World Bank Country Manager for Maldives since last year, is expanding his role to include oversight of the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) operations...
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World Bank appoints Fily Sissoko as division director for Southern African nations
The World Bank Group has announced the appointment of Fily Sissoko as the new Division Director for Mozambique, Madagascar, Mauritius, Comoros, and Seychelles.
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World Bank approves emergency response project for Djibouti
Washington, July 1, 2025 — The World Bank has sanctioned a Contingent Emergency Response Project (CERP) for Djibouti.
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World Bank appoints Enrique Blanco Armas as country manager for Lebanon
The World Bank Group has appointed Enrique Blanco Armas as the new Country Manager for Lebanon.