The United Kingdom has announced a 40% increase in its contribution to the World Bank’s International Development Association (IDA)—from 1.414 billion GBP in IDA20 and to GBP 1.98 billion GBP in IDA21 ...

Climate action carries numerous benefits for Egypt, allowing the country to leverage renewable energy and sustainable practices to drive economic development, creating new job opportunities and ...

Somalia has made significant progress on its state-building journey since 2012, emerging from over three decades of being considered a failed state and submerged in an armed conflict. Efforts to ...

Washington, D.C., November 21, 2024: The World Bank’s Board of Executive Directors today approved the Beryl Emergency Response and Recovery Project to support Barbados’ recovery from the impacts of ...

Economic inclusion programs—which provide cash transfers, skills training, business capital, coaching, and market access—reach only 10% of the approximately 700 million people living in extreme ...

Kuala Lumpur, Malaysia, November 25, 2024 — The World Bank Group has appointed Judith Green as Country Manager for Malaysia, a role that will unify country-level leadership to better support ...

Amna Khatoon from Muzaffarpur, Bihar, makes bangles for a wholesaler during the lean agricultural season. If she could procure the raw materials on her own, she could open a small shop, turn in a ...

CHISINAU, November 25, 2024 – The Moldova Country Economic Memorandum (CEM), launched today by the World Bank and the Ministry of Economic Development and Digitalization of the Republic of Moldova, ...

WASHINGTON, November 21, 2024 – A new World Bank-supported program aims to ensure educational continuity for nearly four million students across Sudan. Since the conflict started in Sudan in April ...

Youth unemployment in Kenya poses a significant challenge, with nearly 75% of the population under 35 facing limited job opportunities. By equipping young people with the skills and resources to start ...

The Country Climate and Development Report (CCDR) for Albania highlights an opportunity to enhance resilience against climate change and boost economic potential through strategic policy reforms and ...

WASHINGTON, D.C., November 25, 2024 – The World Bank’s Board of Executive Directors today approved a project aimed at strengthening the targeting and efficiency of Costa Rica’s social protection ...