Despite multiple challenges, China’s economic growth has remained robust at 4.8 percent in the first three quarters of the year. But growth has moderated since the second quarter of 2024, weighed down ...

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

PORT VILA, December 24, 2024 – The World Bank has fast-tracked US$12 million to the Government of Vanuatu for emergency response and recovery, following a devastating 7.3 magnitude earthquake on ...

Dhaka, December 22, 2024 —Bangladesh and the World Bank signed two financing agreements totaling $900 million today to help the country achieve environment sustainability, inclusive growth and climate ...

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 ...

WASHINGTON, December 19, 2024 — The World Bank's Board of Directors has approved US$250 million for the Morocco Transforming Agri-food Systems Program, aimed at increasing the Moroccan agri-food ...

Did you know that the well-being generated by the gains from crossborder mobility far outweigh those from trade liberalization? This is because facilitating the movement of persons encourages the ...

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 ...

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 ...

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 ...

TASHKENT, December 23, 2024 — The World Bank has approved $3.5 million in financing for Uzbekistan in the form of a payment guarantee to support the country’s development of renewable energy. This ...