Today, we are proud to announce the results of that effort. After months of negotiation, partnership, and unwavering ...

The World Bank Group and partner governments have mobilized a record replenishment to the International Development ...

The Global Infrastructure Facility (GIF), a G20 initiative, is a global public-private collaboration platform that advises governments in the preparation of sustainable, quality infrastructure ...

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 ...

Côte d'Ivoire's breaking new ground with an innovative debt-for-development swap, becoming the first country to use the new World Bank and IMF debt swap framework to channel debt savings into ...

Investing in climate resilience and transitioning the economy from fossil fuels to renewables will help Kosovo support its sustainable economic development and protect citizens from natural hazards, ...

Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest International Debt Report shows.

WASHINGTON, December 5, 2024—The World Bank Board today approved $660 million in financing to support Türkiye’s efforts to expand electric rail transportation that will help improve the efficient ...

India's logistics infrastructure is being transformed through a multimodal freight corridor along the Gangetic Plain. This revolutionary project integrates road, rail, and waterways, reducing ...

WASHINGTON, December 9, 2024—The World Bank announced today a new $454 million support package for Transforming Healthcare through Reform and Investments in Efficiency (THRIVE) project in Ukraine. The ...

The World Bank and partners launched “Entrepreneurship-focused socioemotional skills for the most vulnerable youth in rural Mongolia” project, under a US$ 2.75 million grant by the Japan Social ...

The Country Climate and Development Report (CCDR) for Montenegro highlights the country's opportunity to strengthen its resilience to climate change and foster sustainable economic growth through ...