The World Bank
Recent News About The World Bank
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World Bank approves $1 billion projects for Argentina's education and child development
The World Bank's Board of Directors has approved two new projects for Argentina, amounting to a total of $1 billion.
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World Bank identifies climate challenges facing Eastern Caribbean nations
The World Bank Group, in collaboration with the Organization of Eastern Caribbean States Commission (OECS), has released a report addressing climate change challenges and opportunities for Dominica, Grenada, Saint Lucia, and Saint Vincent and the...
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World Bank’s IDA transforms lives through global development initiatives
In a remote area of Yemen, Hamama, a widow with no income, faced challenges due to the lack of electricity.
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Kenya promotes entrepreneurship among youth through innovative projects
Kenya is addressing the challenge of job quality and youth unemployment, despite a relatively low overall unemployment rate of 5.4% and youth unemployment at 8.4%.
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World Bank funds project for forest revitalization in Tripura and Nagaland
The World Bank's Board of Executive Directors has approved a project aimed at supporting over 700,000 individuals in Tripura and Nagaland, India.
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Kiribati considers reforming its copra subsidy program
Kiribati's government is considering changes to its copra subsidy program, a key part of its economic strategy.
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World Bank funds $250 million project for Morocco's solid waste management
The World Bank has approved a new $250 million program aimed at enhancing Morocco's municipal solid waste management system.
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World Bank approves $200 million project to boost Costa Rica's social protection
The World Bank has approved a project to enhance Costa Rica's social protection system, aiming to improve its targeting and efficiency.
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Albania urged to invest $6 billion in climate adaptation over next decade
Albania faces significant challenges from climate change, with the country experiencing high levels of disaster risk and exposure among European nations.
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Governments urged to enhance analytical capabilities for improved decision-making
Governments in Latin America and the Caribbean are confronting significant development challenges, such as insufficient economic growth, inflation, and institutional weaknesses.
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World Bank highlights need for $6 billion investment in Albania's climate resilience
Albania is poised to enhance its resilience against climate change and explore new economic avenues through strategic investments, as highlighted in the World Bank Group’s Country Climate and Development Report for Albania.
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Egypt aims for growth through comprehensive climate action
Egypt is positioning itself to harness economic growth through climate action, aiming to transform its cities into resilient centers that attract investment and enhance the quality of life.
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Türkiye launches platform for industrial decarbonization with international partners
The Ministry of Industry and Technology of the Republic of Türkiye, in collaboration with the European Bank for Reconstruction and Development (EBRD), the International Bank for Reconstruction and Development (IBRD), and the International Finance...
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World Bank outlines key reforms needed for Moldovan economic growth
CHISINAU, November 25, 2024 – The World Bank and the Ministry of Economic Development and Digitalization of Moldova have released a new report detailing essential reforms for boosting the country's economic growth.
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World Bank funds Indian project for sustainable forestry development
The World Bank's Board of Executive Directors has approved a new project aimed at improving forest management and enhancing forest value chains in Tripura and Nagaland, India.
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Judith Green named as World Bank's country manager for Malaysia
Kuala Lumpur, Malaysia — The World Bank Group has appointed Judith Green as the Country Manager for Malaysia.
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Development banks unite against gender-based violence on international awareness day
Gender-based violence (GBV) continues to be a global issue despite international efforts to combat it.
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World Bank hosts youth art exhibition showcasing visions for Bangladesh
DHAKA, November 23, 2024 — The World Bank has launched an exhibition featuring wall art created by students and youths from across Bangladesh.
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Somalia faces revenue challenges as it rebuilds social contract
State-building and legitimacy in countries emerging from fragility are closely linked to the concept of a social contract.
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World Bank advises on Vietnam's shift towards electric mobility
Transitioning to electric vehicles (EVs) in Viet Nam requires strategic policy and investment across five key areas, according to a new World Bank report.