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

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 ...

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 ...

This World Bank report analyzes Uzbekistan's services sector, highlighting the challenges and opportunities for its development and recommends reforms to modernize the sector, boost productivity, ...

WASHINGTON, D.C., December 18, 2024 – The World Bank’s Board of Executive Directors today approved an operation to construct a new road corridor between the northwestern region of Honduras, from the ...

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 ...

Serbia is exposed to several climate-related hazards, including floods, landslides, droughts, heat waves, wildfires and earthquakes, which affect its water and energy security, agriculture, rural and ...

BELGRADE, December 17, 2024-- Serbia can maintain its economic growth and create new jobs if it invests in climate change resilience and decarbonization, according to the World Bank Group’s Country ...

The importance of continued knowledge and capacity building AMLA trainees attending an AMLA Workshop session at the University of Pretoria. Photo: World Bank “The University is honored to host the ...

In a world grappling with economic uncertainty, debt crises, and climate shocks, global solidarity remains a powerful force for positive change. And there is no better demonstration of solidarity in ...

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 ...

WASHINGTON, Dec. 17, 2024—The World Bank today approved a $350 million International Development Association (IDA) grant as part of the first phase of a program to help Tajikistan finance the ...