The World Bank
Recent News About The World Bank
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World Bank grants $7 million to bolster Tuvalu's climate resilience
The World Bank has announced a commitment of $7 million in grants to enhance Tuvalu's management and resilience against climate-related disasters.
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World Bank denies allegations of missing $41 billion in climate financing
The World Bank addressed recent claims suggesting that a significant sum of its climate finance funds, ranging between $24 and $41 billion, was not properly tracked or misplaced.
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Caribbean initiatives blend conservation with economic growth
Local beekeepers in the buffer zones of Sierra de Bahoruco National Park, Dominican Republic, have turned conservation into a successful business.
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World Bank proposes strategies for boosting South African economy
The World Bank has released a new report titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions."
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World Bank backs new $22M project to boost Suriname's disaster resilience
Suriname has embarked on a significant development initiative with the World Bank, marking an important milestone in their collaborative efforts.
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World Bank funds $156M project to improve Guyana's road infrastructure
The World Bank has approved a $156 million project aimed at improving Guyana's road infrastructure.
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World Bank urges India to speed up reforms for high-income status by 2047
A World Bank report released today emphasizes the need for India to implement accelerated reforms to achieve high-income status by 2047.
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World Bank proposes strategies for job creation in South Africa
A new report from the World Bank, titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions," outlines strategies to stimulate job creation and inclusive growth in South Africa.
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World Bank honors Georgian firms at annual transparency awards
The World Bank has recognized companies for their excellence in corporate reporting and transparency at the 6th "Best Annual Report and Transparency Award" (BARTA) ceremony held in Tbilisi.
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World Bank approves new project supporting renewable energy in three Caribbean nations
The World Bank's Board of Executive Directors has approved a new project aimed at enhancing energy efficiency and promoting renewable energy in Grenada, Guyana, and Saint Lucia.
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World Bank funds $100M project to boost higher education in Tunisia
The World Bank's Board of Directors has approved a US$100 million project to enhance the quality and governance of higher education in Tunisia.
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Upper Egypt development program boosts economy through entrepreneurship
Upper Egypt, which is home to 38% of Egypt's population, faces challenges in economic development and job creation despite its potential for growth.
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Ethiopia's new digital ID system aims for nationwide inclusion
The new national digital ID system, Fayda, is changing the landscape in Ethiopia by offering access to essential services for millions of people.
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World Bank suggests fiscal reforms for macroeconomic stability in Zimbabwe
The Government of Zimbabwe has initiated a series of reforms to restore macroeconomic stability, according to a new Public Finance Review (PFR) released by the World Bank.
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World Bank directors conclude visit to Bhutan reaffirming support
A delegation of nine World Bank Group Executive Directors concluded a five-day visit to Bhutan, reaffirming the institution's support for the country's development priorities.
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World Bank debars Brazilian company HIDRALRICA for collusion in São Paulo project
The World Bank Group has announced the debarment of HIDRALRICA Distribução de Tubos e Conexões Eireli and its director, Ricardo Checa Hernandez, for 18 months.
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International Women's Day 2025 celebrates women's contributions to economies
On International Women’s Day 2025, the focus is on recognizing the transformative potential of women and girls in economies and societies worldwide.
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World Bank suggests reforms for stabilizing Zimbabwe's economy
The World Bank has released a new Zimbabwe Public Finance Review (PFR) aimed at supporting the government's efforts toward fiscal consolidation.
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World Bank stresses need for structural reforms in Madagascar's economy
Madagascar's economy is showing signs of recovery, but growth remains uneven and insufficient to significantly enhance living standards.
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World Bank supports Iraq with $18.5M project to manage pollution
The World Bank has approved an $18.5 million project to assist Iraq in reducing environmental and health risks associated with Persistent Organic Pollutants (POPs) and other chemical pollution hotspots.