The World Bank
Recent News About The World Bank
-
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.
-
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.
-
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.
-
World Bank collaborates globally on labor mobility programs
Demand for skilled workers is increasing globally, while millions of workers migrate in search of employment.
-
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.
-
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.
-
Aquaculture's potential job creation highlighted in World Bank-WWF report
Aquaculture could create up to 22 million new jobs by 2050, according to a report highlighting a $1.5 trillion investment opportunity in the sector.
-
Insurance strategies address growing impact of natural disasters
Natural disasters, such as floods, droughts, earthquakes, and extreme heat, are becoming more frequent and costly due to climate change, urbanization, population growth, and increased construction in high-risk areas.
-
Rising temperatures may cut GDP by 2.5% annually in European cities by 2050
Cities in Europe and Central Asia face significant challenges due to rising temperatures, which could result in a decrease of 2.5% in annual GDP by 2050.
-
Cities must prepare for increasing extreme heat events
Cities in Europe and Central Asia are facing a significant increase in the number of hot days, which could more than triple by 2050.
-
World Bank approves $194M for education and water projects in Balochistan
The World Bank's Board of Executive Directors has approved $194 million for two projects aimed at improving education and water security in Balochistan, Pakistan.
-
World Bank approves $150M program for women's job access in Tamil Nadu
The World Bank has approved a new initiative to support the Indian state of Tamil Nadu in enhancing access to quality jobs for 1.6 million women and boosting female labor force participation.
-
Sustainable aquaculture poised to meet growing global seafood demand
Aquaculture is increasingly recognized as a crucial component in addressing global food security challenges, economic growth, and environmental sustainability.
-
World Bank approves $115 million for fiscal reforms in Senegal
The World Bank has announced the approval of $115 million in concessional financing to aid Senegal's fiscal reforms and enhance public financial management.
-
World Bank approves $426M program for water security in Bengaluru
The World Bank has approved a program to enhance water security for over four million residents in Bengaluru, India.
-
World Bank report outlines steps for boosting Uzbekistan's economy
The World Bank has released its latest Country Economic Memorandum for Uzbekistan, examining the country's economic developments from 2010 to 2022.
-
Azerbaijan's e-health strategy aims to modernize healthcare system
The E-Health Strategy and Claims Management project in Azerbaijan has concluded, offering the Azerbaijani government various policy options and recommendations.
-
Haiti's healthcare project focuses on universal coverage and pandemic readiness
The Universal Health Coverage (UHC) and Pandemic Preparedness initiative in Haiti has aimed to bolster the nation's health system and improve its readiness for pandemics.
-
Cabo Verde's economy recovers strongly amid focus on women's economic potential
Cabo Verde's economy showed strong recovery in 2024, with real GDP growth estimated at 7.3%.
-
Cabo Verde sees strong GDP growth but faces challenges ahead
Cabo Verde's economy is experiencing a robust recovery, as indicated by the Cabo Verde Economic Update 2025 from the World Bank.