The World Bank
Recent News About The World Bank
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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.
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World Bank supports Uzbekistan's small hydropower expansion with $150 million credit
The World Bank has approved a $150 million concessional credit to support Uzbekistan in enhancing its small hydropower (SHP) sector and strengthening electricity supply across the country.
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World Bank approves $146 million grant for Syrian electricity restoration
The World Bank has approved a $146 million grant to Syria, aimed at improving the country's electricity supply and aiding its economic recovery.
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World Bank approves $930 million for Iraq railway modernization
The World Bank has approved a $930 million financing package to enhance Iraq's railway system, aiming to improve domestic trade, create jobs, and diversify the economy.
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Japan's initiative accelerates global efforts towards universal health coverage
Since the recommendations from the Ise-Shima G7 Summit in May 2016 and TICAD VI in August 2016, along with the Universal Health Coverage (UHC) Forum held in Tokyo in December 2017, the PHRD UHC Window has played a role in accelerating progress...
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World Bank highlights steps for economic resilience in Turkish Cypriot economy
The Turkish Cypriot economy showed significant growth in 2024, but inflation and fiscal pressures remain high, according to a new World Bank report.
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Comoros explores blue economy for sustainable economic growth
The Comoros Economic Update, titled "An Ocean of Opportunities: Blue Economy as a Driver of Sustainable Growth," provides an analysis of recent economic trends and the medium-term outlook for the country.
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Economic inclusion program aims to reduce poverty in Lesotho
Lesotho is tackling persistent poverty through an Economic Inclusion Program (EIP) aimed at breaking the cycle of economic vulnerability.
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PHRD Staff Grant Program integrates Japanese nationals into World Bank Group
The PHRD Staff Grant Program, initiated in fiscal year 2003, aims to integrate Japanese nationals into the World Bank Group (WBG) as staff members.
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Energy progress report highlights disparities despite gains
The latest edition of the "Tracking SDG 7: The Energy Progress Report 2025" reveals that nearly 92% of the global population now has basic access to electricity.
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World Bank collaborates globally on labor mobility programs
Demand for skilled workers is increasing globally, while millions of workers migrate in search of employment.
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World Bank approves $250M aid for Lebanon reconstruction
The World Bank has approved a $250 million financing package for Lebanon aimed at repairing and reconstructing critical public infrastructure in areas affected by conflict.
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World Bank supports South Asia's climate resilience amid growing threats
South Asia, the world's fastest-growing region, faces significant challenges due to climate change.