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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Joint Statement of the Asian Development Bank, Asian Infrastructure Investment Bank, Caribbean Development Bank, Council of Europe Development Bank, European Bank for Reconstruction and Development, ...

TIRANA, November 25, 2024 – Albania has the potential to boost its resilience against climate change and tap into new economic opportunities through strategic investments and policies, according to ...

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 ...

KATHMANDU, November 21, 2024 — The Government of Nepal and the World Bank jointly launched the $128 million (equivalent to NRs. 17.15 billion) Provincial and Local Roads Improvement Program-Phase 1 ...