The World Bank
Recent News About The World Bank
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Global response needed as forest fire threats intensify across continents
Forest fires are increasingly becoming a global issue, with significant impacts on people, economies, and natural resources.
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World Bank funds $37M project for improved waste management in Laos
The World Bank has approved a project aimed at enhancing the management of waste, plastics, and pollution in Laos.
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Mogadishu's Boondheere district thrives after pond rehabilitation
Habiba Omar Addow, a shop owner in Mogadishu's Boondheere District, expressed her relief at the impact of a rehabilitated water catchment pond on her community.
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World Bank offers strategies for sustainable growth in Sierra Leone amid climate threats
The World Bank has introduced two significant reports aimed at guiding Sierra Leone toward sustainable growth amidst climate challenges.
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World Bank invests over $2 billion in Indonesia's economy growth
The World Bank has approved two major investments totaling $2.128 billion to stimulate job creation, economic growth, and clean energy access in Indonesia.
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Women make strides in Somalia's male-dominated construction industry
In Mogadishu, Somalia's capital, the construction industry is witnessing a shift as women begin to break into the traditionally male-dominated field.
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World Bank approves $34.5M for Bhutan's renewable natural resource transformation
The World Bank has approved $34.5 million in financing to support Bhutan's efforts to enhance value addition and employment in its agriculture, livestock, and forestry sectors.
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World Bank: Myanmar faces economic contraction after March earthquake
Myanmar is grappling with significant economic challenges following the earthquake in March, according to a recent World Bank report.
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World Bank outlines economic reform recommendations for Kyrgyz Republic
The World Bank has released its Country Economic Memorandum (CEM) for the Kyrgyz Republic, a detailed analytical report aimed at identifying key constraints to economic growth and suggesting reform directions.
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World Bank approves $70M credit for Pakistan's revenue enhancement
The World Bank has announced an additional $70 million credit for the Pakistan Raises Revenue project, aiming to enhance domestic revenue collection and improve tax compliance in Pakistan.
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World Bank pledges support for Ukraine's integration into European food system
Vienna, Austria - June 11, 2025 Anna Bjerde, World Bank Managing Director of Operations, addressed the High-Level Dialogue on Vision for Ukraine’s Future in the European Food System.
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Social protection project aids displaced families in Pakistan
In Khyber Pakhtunkhwa, Pakistan, a significant effort is underway to assist nearly one million families affected by conflict and displacement.
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World Bank approves $300M for agribusiness development in Togo
The World Bank Group (WBG) has approved a $300 million initiative to help Togo establish itself as a regional center for agribusiness and animal nutrition.
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Cambodia urged to diversify economy to sustain growth amid global uncertainties
Cambodia's economy has demonstrated resilience amid global uncertainty, with strong exports and a partial revival in private consumption contributing to this stability.
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World Bank funds Liberian education initiative with $88.7 million
The World Bank Board has approved financing for the Excellence in Learning in Liberia (EXCEL) Project, aimed at enhancing foundational learning and access in public primary schools.
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World Bank predicts weakest global growth since '08 outside recessions
Heightened trade tensions and policy uncertainty are projected to slow global growth to its lowest pace since 2008, excluding outright recessions, according to the World Bank's Global Economic Prospects report.
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Building codes study reveals global gaps in disaster resilience
The rapid growth and transformation of urban environments necessitate stronger building codes to enhance resilience against disasters and climate risks.
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Sapling initiative focuses on nutrition transformation in South Asia
The South Asian Policy Leadership for Improved Nutrition and Growth (SAPLING) is a regional initiative led by the World Bank, with support from the Gates Foundation and other partners.
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World Bank supports South Africa's infrastructure modernization with $1.5 billion loan
The World Bank has announced a Development Policy Loan (DPL) of $1.5 billion to support South Africa's infrastructure modernization efforts.
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World Bank approves $350M package for Greater Casablanca rail transformation
The World Bank has approved a $350 million financing package for the Greater Casablanca Mobility and Logistics Hub.