The Pandemic Fund’s Governing Board approved a grant envelope of $500 million for its third round of funding to help low- and ...

The 2024 annual report highlights the significant impact of Trust Funds (TFs) and Financial Intermediary Funds (FIFs) on global development. The report emphasizes that TFs and FIFs are flexible and ...

BRUSSELS, Dec. 19, 2024—Clean technology exports from Central and Eastern Europe have the potential to at least triple, strengthening the EU economy and its global competitiveness, according to the ...

FEATURING: Ayhan Kose, Deputy Chief Economist of the World Bank Group and Director of the Prospects Group / Emi Mahmoud, Poet, activist and UNHCR Goodwill Ambassador. Ayhan Kose: It's a good time to ...

WASHINGTON DC, December 19, 2024 — The World Bank’s Board of Executive Directors today approved three operations totaling $1.16 billion to help Bangladesh improve health services, boost water and ...

The second report in the World Bank’s series of Armenia Public Finance Reviews analyzes the efficiency and equity of Armenia’s tax system and the effectiveness of education spending. The report ...

The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, a new World Bank analysis shows. Home to more than 40 percent of people ...

WASHINGTON, December 20, 2024 – The World Bank’s Board of Executive Directors yesterday approved the $800 million* Amaravati Integrated Urban Development Program aimed at establishing the city as a ...

The Government of India has requested World Bank assistance to develop Amaravati as a new economic hub and state capital for Andhra Pradesh. Amaravati’s development offers an opportunity for ...

WASHINGTON, December 17, 2024 — Libya’s economy is expected to stabilize following an agreement ending the leadership crisis at the country’s central bank (CBL) that led to a significant recovery in ...

WASHINGTON, December 18, 2024—The World Bank’s Board of Executive Directors approved a Development Policy Operation (DPO) for Ukraine to strengthen the economic policy framework for sustainable growth ...