The World Bank
Recent News About The World Bank
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World Bank outlines new strategy for economic growth in Namibia
The World Bank's Board of Executive Directors has introduced a new Country Partnership Framework (CPF) for Namibia, outlining the organization's strategy from FY2025 to FY2029.
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World Bank launches GBP 1 billion bond for sustainable development
The World Bank has successfully launched a long 5-year British pound sterling benchmark bond, amounting to GBP 1 billion.
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World Bank approves $35M project to aid Meghalaya's adolescents
The World Bank's Board of Executive Directors has approved a new initiative aimed at assisting 500,000 adolescents in Meghalaya, India.
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World Bank raises $6 billion through record-breaking sustainable development bond
The World Bank has successfully issued a 7-year Sustainable Development Bond, raising USD 6 billion.
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Chile secures $5.1M funding for reducing carbon emissions
Chile has secured $5.1 million from the World Bank’s Forest Carbon Partnership Facility (FCPF) for reducing 1.03 million tons of carbon emissions related to deforestation and forest degradation.
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Youth murals depict hopes for Bangladesh's future
Bangladeshi youth have transformed city walls into vibrant canvases, painting murals that reflect their vision for the future.
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World Bank launches AUD $1.75B bond as part of its sustainable development efforts
The World Bank has initiated its 2025 funding program with a successful launch of an Australian dollar 1.75 billion five-year bond.
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World Bank highlights challenges and prospects for China's economic growth
China's economy has shown resilience with a growth rate of 4.8 percent in the first three quarters of 2024, according to a World Bank report released on December 26, 2024.
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World Bank approves $450 million for Sindh flood recovery
ISLAMABAD, December 24, 2024—The World Bank has approved an additional $450 million for the Sindh Flood Emergency Housing Reconstruction Project.
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World Bank allocates $12 million for earthquake recovery efforts in Vanuatu
The World Bank has expedited a grant of $12 million to aid Vanuatu in the aftermath of a severe earthquake that struck on December 17.
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World Bank supports Uzbek solar project with $3.5M guarantee
The World Bank has approved $3.5 million in financing for Uzbekistan to support the development of renewable energy through a payment guarantee.
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World Bank provides $900M loan for sustainability projects in Bangladesh
Bangladesh and the World Bank have signed two financing agreements totaling $900 million to enhance environmental sustainability, inclusive growth, and climate resilience in the country.
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World Bank report addresses challenges in Central Africa's forestry sector
The World Bank has released the seventh edition of the CEMAC Economic Barometer, a report analyzing economic conditions in the Central African Economic and Monetary Community (CEMAC) region.
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World Bank supports Amaravati's growth into an economic hub
The Government of India has sought assistance from the World Bank to develop Amaravati as a new economic hub and state capital for Andhra Pradesh.
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Crystal Simeoni shares wisdom with African women economists at TAP-AAAWE webinar
Recently, the Think Africa Partnership (TAP) and the Association for the Advancement of African Women Economists (AAAWE) hosted a webinar titled "African Women in the Economics Profession."
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World Bank approves $800M loan for Amaravati City development
The World Bank's Board of Executive Directors has approved an $800 million program to support the development of Amaravati City in Andhra Pradesh, India.
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World Bank calls for fiscal reform to boost Turkish Cypriot economy
The World Bank has released a series of reports addressing the economic conditions in the Turkish Cypriot community, highlighting a decline in living standards from 2014 to 2021.
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World Bank funds Moroccan agriculture program for climate resilience
The World Bank has announced the approval of $250 million for the Morocco Transforming Agri-food Systems Program.
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World Bank report highlights clean-tech export potential in Central Eastern Europe
Clean technology exports from Central and Eastern Europe have the potential to significantly increase, enhancing the EU economy and its global standing, according to the latest EU Regular Economic Report by the World Bank.
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Burundi's new project aims at boosting land productivity amid climate challenges
A new project has been launched to enhance land productivity and climate resilience for 1.3 million people in Burundi while creating 42,000 indirect jobs.