The World Bank
Recent News About The World Bank
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Poland doubles contribution to World Bank fund supporting low-income nations
The Government of Poland has announced a significant increase in its contribution to the International Development Association (IDA), part of the World Bank.
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World Bank grants $30M to tackle non-communicable diseases in Tonga
The World Bank has approved a grant to assist Tonga in tackling the increasing issue of non-communicable diseases, such as diabetes and heart disease.
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World Bank highlights need for economic reforms amid Laos' unsustainable public debt
Economic growth in Laos has seen a slight improvement in 2024, but the country's public debt remains unsustainable, contributing to ongoing macroeconomic instability.
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World Bank supports Brazilian family farmers with $1.6 billion initiative
The World Bank Board of Directors has approved a significant initiative, the Transforming Brazil’s Agrifood System program.
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World Bank report highlights Armenia's trade challenges and opportunities
In October 2024, the World Bank published the Trade Competitiveness Diagnostic (TCD) report for Armenia.
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Tajikistan urged to take action against severe economic impacts of climate change
The Tajikistan Country Climate and Development Report highlights the pressing need for Tajikistan to address climate change impacts such as droughts, floods, and air pollution.
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World Bank releases annual report on sanctions system for FY 2024
The World Bank Group has released its Sanctions System Annual Report for the fiscal year 2024.
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World Bank announces $750M aid package to boost Ukraine's reconstruction efforts
The World Bank has announced a $750 million support package aimed at aiding Ukraine's reconstruction efforts.
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Ethiopia grants refugees right to work under new landmark directive
In a significant policy shift, the Ethiopian government has granted refugees the legal right to work, marking a transformative step for over 800,000 refugees in the country.
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World Bank evaluates ongoing support efforts amid Haiti's crisis
The World Bank has conducted a Country Portfolio Performance Review in Haiti, partnering with the Haitian government to evaluate its ongoing projects and support efforts.
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World Bank highlights green transition opportunities in Tajikistan's new climate report
The World Bank Group has released its Tajikistan Country Climate and Development Report (CCDR), highlighting the potential for climate action to revitalize Tajikistan's economy while addressing climate change risks.
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World Bank launches roadmap for Türkiye's offshore wind industry development
The World Bank Group, in collaboration with Türkiye's Ministry of Energy and Natural Resources, has unveiled a roadmap to develop an offshore wind industry in Türkiye.
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Jordan expands job opportunities for Syrians amid ongoing refugee crisis
In Jordan, a World Bank-supported initiative, the Program for Results (P4R), has been working to increase formal employment opportunities for both Syrians and Jordanians.
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World Bank report highlights benefits of accelerated decarbonization for Poland
Accelerated decarbonization efforts in Poland could drive economic growth, enhance competitiveness, and mitigate air pollution impacts, according to the World Bank Group's newly released Poland Country Climate and Development Report (CCDR).
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World Bank appoints Dennis McLaughlin as chief risk officer
The World Bank Group has announced the appointment of Dennis McLaughlin as its new Chief Risk Officer and Vice President.
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Sahelian leaders highlight importance of pastoralism for regional stability
Today, pastoralism is a key focus for the Sahel and West Africa, as highlighted by Mohamed Ould El-Ghazaouani, President of Mauritania; Mahamat Idriss Déby, President of Chad; and Ousmane Diagana, World Bank Vice-President for West and Central...
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World Bank backs climate initiatives across East Asia-Pacific region
The East Asia and Pacific (EAP) region, known for its vulnerability to climate-related extreme weather events, plays a crucial role in global climate change efforts.
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Senegal urged to prioritize climate action for economic growth
A recent report by the World Bank Group emphasizes the economic and social advantages of climate action in Senegal, aligning with its Vision 2050 development plan.
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Senegal faces hurdles in balancing growth with climate challenges
Climate change presents significant challenges to Senegal's development, according to a recent report.
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Dominican farmer rebuilds after Hurricane Maria with support from resilience project
Helen Charles, a farmer from Dominica, has embarked on a journey of recovery and resilience after Hurricane Maria devastated her family farm in 2017.