The World Bank
Recent News About The World Bank
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Gambia explores circular economy opportunities within its growing tourism sector
The Gambia Circular Economy Diagnostic has been launched to explore opportunities for circular economy practices within the tourism sector.
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Gaza requires $53 billion for reconstruction following extensive damages
Reconstruction and recovery in Gaza are projected to require $53 billion, according to the Gaza & West Bank Interim Rapid Damage and Needs Assessment (IRDNA) released today.
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Funding shortfalls impede global progress on road safety goals
Road safety financing is facing significant challenges, particularly in low- and middle-income countries (LMICs), according to discussions held at the 4th Global Ministerial Conference on Road Safety in Marrakech.
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World Bank approves $170 million for connectivity project in Lake Chad region
The World Bank has approved a $170 million funding package from the International Development Association (IDA) to support Chad in enhancing connectivity, logistics, and value chains with commercial potential in the Lake Chad region.
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World Bank backs Honduran efforts for fiscal transparency and sustainability
The World Bank has approved a project aimed at enhancing tax transparency and economic sustainability in Honduras.
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Thailand's economic outlook improves with focus on innovation
Economic growth in Thailand is expected to increase to 2.9 percent in 2025, rising from 2.6 percent in 2024, as stated in the latest Thailand Economic Monitor released today.
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Pakistan launches new Country Partnership Framework focusing on long-term development
Pakistan is embarking on a new path to address its long-standing economic challenges through the implementation of the Country Partnership Framework (CPF) for fiscal years 2026 to 2035.
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World Bank pushes sustainable practices in artisanal mining sector
The World Bank estimates that artisanal and small-scale mining (ASM) directly employs at least 45 million people in 80 countries, with an additional 270 million working in related services.
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Thailand's economy poised for growth amid rising domestic demand and fiscal measures
The Thai economy is anticipated to gather momentum in 2025, propelled by increased domestic demand and fiscal stimulus initiatives.
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World Bank introduces new measures for improved procurement outcomes
The World Bank is set to implement a series of new measures aimed at improving procurement outcomes under Investment Project Financing starting March 1, 2025.
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World Bank supports Bangladesh's reform efforts during political transition
The World Bank Vice President for South Asia, Martin Raiser, concluded his visit to Bangladesh on February 13, 2025.
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World Bank report highlights Panama's economic growth and persistent inequality
Panama has made significant strides in economic growth over recent decades, resulting in a notable decrease in poverty levels.
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World Bank funds rural electrification project targeting full coverage in Eswatini
A new project funded by the World Bank aims to bring Eswatini closer to universal energy access by 2030.
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World Bank supports community resilience efforts in South Sudan
South Sudan has faced significant challenges since gaining independence in 2011, with many of its citizens living in extreme poverty and facing food insecurity.
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Jamaica partners with World Bank on new case management system
A new partnership between the Government of Jamaica and the World Bank aims to enhance case management for social assistance beneficiaries.
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World Bank report urges Panama to improve job quality and reduce inequality
A recent report from the World Bank, titled "Panama: From Growth to Prosperity," has identified key challenges in Panama's efforts to reduce poverty and inequality.
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World Bank announces settlement with Dutch charity over fraud allegations
The World Bank Group has announced a conditional non-debarment of Stichting Cordaid, a charitable foundation from the Netherlands, for 18 months.
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World Bank advises Timor-Leste on economic reforms for sustainable growth
High government spending in Timor-Leste, relative to its GDP, coupled with modest returns from the Petroleum Fund, may affect the country's long-term fiscal stability.
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World Bank approves $110M grant for sustainable development on Kiritimati Island
The World Bank has approved a grant of USD 110 million (AUD 175 million) to support sustainable economic development on Kiritimati Island in Kiribati.
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World Bank advises reforms for sustainable growth in Ghana
The World Bank Group has released a new Public Finance Review report titled "Building the Foundations for a Resilient and Equitable Fiscal Policy," focusing on Ghana's economic situation.