The World Bank
Recent News About The World Bank
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World Bank approves $80 million project for resilient road upgrades in Haiti
The World Bank has approved a new project aimed at improving rural accessibility and road connectivity in Haiti’s South and North departments.
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World Bank projects slower growth for Nepal in FY26 amid political challenges
Growth in Nepal is expected to slow significantly in the fiscal year 2026, dropping to 2.1 percent from 4.6 percent in the previous year, according to a new economic update released by the World Bank.
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Western Balkans expand digital reforms as part of drive toward EU accession
The Western Balkans region, which includes Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia, is undergoing significant changes as it modernizes public institutions and embraces digital technologies.
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Armenia advances justice system modernization with World Bank support
In Armenia, the justice system is undergoing a significant transformation as it moves from paper-based processes to digital services.
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Dumai expands clean water access through World Bank-supported project
Residents of Dumai, a coastal city in Indonesia, once faced high costs and limited access to clean water.
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World Bank vice president visits Bhutan; supports major hydropower project
Johannes Zutt, the World Bank’s Vice President for South Asia, has completed a five-day visit to Bhutan.
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World Bank report links climate resilience investments with potential job growth by 2050
Investments aimed at improving climate resilience could create benefits equal to 150 million jobs by 2050, according to a new World Bank report.
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World Bank releases economic roadmap for Fiji aiming at higher growth
The World Bank has released the Fiji Country Economic Memorandum (CEM), a report developed in collaboration with Fiji’s Ministry of Finance, Strategic Planning, National Development and Statistics.
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Ecuador expands MSME financing with World Bank support
Micro, small, and medium enterprises (MSMEs) make up 99 percent of businesses in Ecuador and employ about 60 percent of the formal workforce, or 1.8 million people.
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Amazonian countries form alliance for sustainable transport with World Bank support
At COP30 in Belém, Brazil, Amazonian countries have announced the formation of the Alliance for Sustainable, Resilient, and Integrated Transport in the Amazon.
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World Bank funds $430 million program for renewable energy expansion in Tunisia
The World Bank and the Tunisian government have signed a financing agreement to advance Tunisia’s efforts in modernizing its energy sector.
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Morocco seeks growth through expanded aquaculture with support from The World Bank
Morocco is looking to expand its aquaculture sector as a means to drive economic growth and job creation.
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World Bank-led study highlights need for resilient transport amid rising global temperatures
Extreme heat events are increasingly challenging transportation systems worldwide, with impacts ranging from damaged infrastructure to shifts in user behavior and new pressures on transport workers.
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World Bank launches $925 million initiative to improve South African metro services
The World Bank has launched the South Africa Metro Trading Services Program, a $925 million initiative aimed at improving key municipal services in eight of the country’s largest metropolitan areas.
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World Bank reports stable economic outlook for Sierra Leone with focus on private sector reforms
Sierra Leone’s economy is showing signs of stability despite global economic challenges, according to the latest World Bank Sierra Leone Economic Update released in Freetown.
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World Bank supports innovation-driven growth and gender inclusion in Georgia
Georgia has faced challenges in innovation and competitiveness despite economic reforms.
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World Bank approves funding for expansion of southern African regional power trade
The World Bank has approved a new project to assist the Southern African Power Pool (SAPP) in expanding its regional electricity market.
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ADB partners with World Bank’s IDA & Switzerland on disaster resilience efforts in Nepal
The Asian Development Bank (ADB), the International Development Association (IDA) of the World Bank Group, and the Swiss Agency for Development and Cooperation (SDC) have entered into a three-year Memorandum of Understanding to assist Nepal in...
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World Bank Annual Meetings focus on holistic economic ecosystems for job creation
This year's Annual Meetings emphasized a change in strategy, focusing on supporting broader economic systems rather than individual projects.
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World Bank triggers $150 million catastrophe bond payout for Jamaica after Hurricane Melissa
The Government of Jamaica is set to receive a $150 million payout after Hurricane Melissa triggered the full activation of its catastrophe insurance coverage with the World Bank.