The World Bank
Recent News About The World Bank
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Economic shifts challenge job creation in East Asia and Pacific region
East Asia and the Pacific region have experienced a significant economic transformation over the last two decades, generating 131 million net new jobs.
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Algeria transitions from oil dependency towards a diversified economy
As dawn breaks at the Port of Algiers, cranes begin their work over container stacks.
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World Bank backs Caribbean renewable energy facility to boost energy resilience
The World Bank's Board of Executive Directors has approved a new initiative known as the Caribbean Resilient Renewable Energy Infrastructure Investment Facility for Grenada, Saint Lucia, and Saint Vincent and the Grenadines.
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Middle East and North Africa tackle water crisis to boost growth
Countries in the Middle East and North Africa are addressing the growing water crisis by implementing measures aimed at securing their water resources for the future.
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World Bank approves $100 million for Armenia's tourism infrastructure and growth
The World Bank Group has approved a $100 million initiative aimed at enhancing Armenia's tourism and local infrastructure.
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World Bank promotes health investments for economic growth and job creation globally
Investing in a skilled, healthy workforce, infrastructure, and technology is essential for economic growth and job creation.
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World Bank debars Xinjiang Xiaohaizi for 15 months over project fraud
The World Bank Group has announced a 15-month debarment of the Chinese company Xinjiang Xiaohaizi Water Conservancy Construction and Installation Engineering Co.
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Efforts to tackle cervical cancer in Eastern and Southern Africa intensify
Cervical cancer remains a significant health threat in Eastern and Southern Africa, despite being preventable through vaccination and early screening.
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Life and work of Luz Adriana Rodriguez dedicated to the Amazon
Luz Adriana Rodriguez, originally from Bogota, Colombia, has spent a significant part of her life dedicated to the Amazon.
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World Bank expands investment in early childhood education in Europe and Central Asia
The World Bank Group has ramped up its efforts to expand play-based early learning in Europe and Central Asia to enhance foundational skills among young children.
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IFC and Suzano S.A. promote sustainable forestry with new greenfield pulp mill in Brazil
The International Finance Corporation (IFC), in collaboration with Suzano S.A., has initiated a project aimed at fostering sustainable forestry practices in Brazil.
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MIGA's $225M in guarantees support Sub-Saharan Africa's hotel projects
MIGA's provision of $225 million in guarantees has supported $450 million in foreign direct investment in the hospitality sector across Sub-Saharan Africa.
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Indonesia enhances tourism sector with infrastructure and capacity building initiatives
In recent years, Indonesia has embarked on a comprehensive strategy to stimulate its tourism sector, fostering substantial economic growth and job creation.
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World Bank approves $1.5 billion aid to support Argentina's economic reforms
The World Bank Group has given approval for US$1.5 billion in financing directed at Argentina to advance policy measures promoting private sector-driven growth and job creation, with a focus on safeguarding vulnerable populations.
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World Bank initiatives enhance focus on indigenous peoples in the Philippines
The World Bank has introduced its Indigenous Peoples Engagement Strategy to enhance the visibility of Indigenous Peoples (IPs) in the Philippines, aiming to increase awareness of their development challenges and improve social inclusion.
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World Bank Group announces $12 billion initiative for Argentina's economic reform
The World Bank Group has unveiled a US$12 billion support package for Argentina as part of the country's economic reform efforts.
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St. Vincent and the Grenadines boosts disaster resilience with $20 million World Bank aid
St. Vincent and the Grenadines has secured $20 million in financial support from the World Bank Group to enhance its disaster resilience capabilities.
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North Macedonia's care economy transforms lives with new jobs and services
Roza Mihajloska finds joy and companionship in her caregiver, Cvetanka Risteska, who provides essential care while fostering independence in daily life.
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World Bank funds safer and greener roads in Mato Grosso do Sul
The World Bank has approved a new financing package for the Brazilian state of Mato Grosso do Sul, aiming to provide sustainable, safe, and climate-resilient transport to benefit 1.55 million people.
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Zambia enhances its conservation efforts with updated wildlife and protected areas accounts
Zambia, with its diverse ecosystems and vast protected areas, remains a key hub for conservation in Africa.