The World Bank
Recent News About The World Bank
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World Bank backs $42 million project for reliable electricity in Micronesia
Thousands of families in the Federated States of Micronesia (FSM) are set to benefit from a new project aimed at providing more reliable electricity.
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World Bank approves funding for Tunisia's healthcare improvement project
The World Bank has approved $125.16 million in financing, including a $17.16 million grant from the Pandemic Fund, to support Tunisia's health system through the Tunisia Health System Strengthening Project.
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World Bank approves $219.8 million credit for Mali's road infrastructure improvement
The World Bank has announced the approval of a $219.8 million credit from the International Development Association (IDA) to assist Mali in enhancing its road infrastructure.
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World Bank and KfW collaborate on resilient recovery in Mozambique
In the aftermath of Cyclones Idai and Kenneth in 2019, Mozambique faced significant challenges as it sought to recover from the widespread devastation.
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World Bank debars Philippine firm over collusion in development project
The World Bank Group has announced a 4.5-year debarment of L.S.D. Construction & Supplies, a construction company based in the Philippines.
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World Bank develops AI model to forecast refugee movements
The World Bank has introduced an AI-powered model designed to predict refugee arrivals four to six months in advance.
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Renewable energy powers healthcare improvements in Haiti
On December 23, Hospital Justinien in Haiti's northern region maintained operations despite persistent rain.
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World Bank approves $60M for Central Asia's pandemic preparedness initiative
The World Bank has approved a $60 million financing package to support the first phase of the One Health Program in Central Asia.
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World Bank: Reforms needed amid high debt risk in Kenya
Kenya's public debt remains a significant concern, with interest payments consuming about one-third of tax revenue.
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World Bank suggests enhancements for Mongolia's social protection against climate shocks
A new report from the World Bank suggests changes to Mongolia's social protection system to better support vulnerable populations against climate and economic shocks.
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Lao economy grows but faces volatility risks according to World Bank report
The Lao economy is experiencing growth, driven by sectors such as services, electricity, mining, agriculture, and manufacturing.
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World Bank suggests reforms to cut Kenya's debt-to-GDP ratio while creating jobs
Kenya is positioned to significantly reduce its public debt-to-GDP ratio and create jobs by prioritizing fiscal, governance, and structural reforms, according to the latest Kenya Public Finance Review (PFR) titled "Beyond the Budget: Fiscal Policy...
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Uzbekistan transforms its cotton sector through reforms and international partnerships
Uzbekistan, historically one of the largest global producers of cotton, has undergone significant changes in its cotton sector since 2017.
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Lusaka Sanitation Project improves access for thousands between 2015-2024
Between 2015 and 2024, the Lusaka Sanitation Project in Zambia benefited over 345,000 people, half of whom were women.
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Free campus Wi-Fi aids Malawian university students' success
Wezzie Matalala is set to graduate from the Lilongwe University of Agriculture and Natural Resources (LUANAR) with a degree in Agriculture Education.
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World Bank report forecasts highest growth rate for Bhutan in South Asia
Thimphu, May 26, 2025—Bhutan is set to record the highest growth rate in South Asia for the fiscal year 2024/25, according to the World Bank's annual update released today.
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World Bank launches video series exploring future of mining
The World Bank's Extractives team has introduced a new video series titled "Mining Forward," which delves into the evolving landscape of the mining industry.
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Public procurement conference highlights reforms needed across East Asia
The Government of the Philippines and the World Bank recently organized the International Public Procurement Conference, focusing on "Procurement for the People: Bridging Innovation, Value for Money, and Accountability."
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World Bank director visits Pakistan to support reform efforts
World Bank Managing Director for Operations, Mrs. Anna Bjerde, completed a two-day visit to Pakistan, highlighting the country's reform momentum and emphasizing the importance of ongoing implementation to maintain economic stability.
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Mongolia's economic forecast shows promise amid mining surge
The World Bank's latest report projects Mongolia's economy to grow by 6.3% in 2025, driven by increased copper production and a gradual recovery in the agriculture sector.