The World Bank
Recent News About The World Bank
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Rehabilitated roads benefit thousands in northern Guinea-Bissau
Approximately 30,000 residents in the northern regions of Oio and Cacheu in Guinea-Bissau are set to benefit from the newly rehabilitated Ingoré – Ponte Caur road and eight secondary roads.
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Multilateral Development Banks commit to stronger joint action on global development priorities
The Heads of Multilateral Development Banks (MDBs) convened in Paris on June 28, 2025, under the auspices of the Council of Europe Development Bank (CEB), which chairs the Heads of MDBs Group.
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World Bank introduces RIGHT+ framework for enhancing global education spaces
The World Bank's Education unit, in collaboration with the Global Facility for Disaster Reduction and Recovery’s Safer Schools Thematic Area, has developed the RIGHT+ framework to enhance physical learning environments (PLEs) in low- and...
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World Bank highlights Papua New Guinea's economic prospects with focus on agriculture
The World Bank has released its Papua New Guinea (PNG) Economic Update for June 2025, offering a detailed analysis of the nation's economic landscape.
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Johannes Zutt named vice president for South Asia at World Bank
The World Bank has announced the appointment of Johannes Zutt as the new Vice President for the South Asia Region, effective July 1, 2025.
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World Bank approves $50 million for education improvement in Sri Lanka
An additional financing package of $50 million has been approved by the World Bank to support education in Sri Lanka.
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Gabon's economy grows amid fiscal challenges; reforms needed for sustainable future
Gabon experienced a 2.9% economic growth in 2024, largely due to its oil sector and public works.
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World Bank supports Peru's efforts to strengthen capital markets
Work on the Sustainable Financial Facility (SFF) in Peru has progressed through both broad and specific approaches, as World Bank staff collaborate with the government to enhance capital markets.
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Global South Pillar targets food security challenges in Africa
The Global South Pillar of the PHRD’s Technical Assistance program aims to provide support to developing countries facing multidimensional crises.
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World Bank advises Brazil on balancing fiscal policy with environmental goals
As Brazil faces budget constraints, a new World Bank report suggests policies to address fiscal and environmental challenges.
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World Bank approves project to boost Mozambique's health emergency response
The World Bank has approved a project aimed at enhancing Mozambique's health system resilience and emergency response capabilities.
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AFD and World Bank unite to address global challenges
The Agence Française de Développement (AFD) and the World Bank Group continue their collaboration, focusing on addressing global challenges such as food security and infrastructure.
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World Bank highlights economic challenges facing Gabon amid rising poverty
The World Bank has released the Gabon Economic Update 2025, providing an analysis of Gabon's recent economic developments with a thematic focus on national wealth.
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World Bank partners with IAEA to advance nuclear energy initiatives
On June 26, 2025, World Bank Group President Ajay Banga and International Atomic Energy Agency (IAEA) Director General Rafael Grossi formalized a partnership agreement aimed at advancing nuclear energy initiatives.
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World Bank supports Colombian capital market growth through innovative funds
Colombia's capital markets are experiencing growth, supported by two projects under the Sustainable Finance Facility (SFF).
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World Bank partners with IAEA on safe use of nuclear energy
The World Bank Group and the International Atomic Energy Agency (IAEA) have entered into a partnership to promote the use of nuclear energy in developing countries.
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Sri Lanka and India tackle urbanization challenges through innovative projects
Urbanization is a powerful tool for sustainable development and job creation, yet it poses challenges related to inclusion, sustainability, and service provision.
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Efforts underway to address Caribbean's skills gap impacting employment
Earlier this year, a young graduate faced difficulties in finding a job matching her education and eventually applied to a local meat shop, only to be turned away for being "overqualified."
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Vietnam collaborates with World Bank to enhance sustainable finance
Realizing the potential of Vietnam's capital markets is a key aim of the Sustainable Finance Facility (SFF).
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World Bank boosts education project in Kyrgyz Republic with $6.36 million funding
BISHKEK, June 26, 2025 – The World Bank has announced an additional $6.36 million in financing to enhance the Learning for the Future Project in the Kyrgyz Republic.