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 ...

The Government of India has requested World Bank assistance to develop Amaravati as a new economic hub and state capital for Andhra Pradesh. Amaravati’s development offers an opportunity for ...

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, 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 ...

WASHINGTON, December 20, 2024 – The World Bank’s Board of Executive Directors yesterday approved the $800 million* Amaravati Integrated Urban Development Program aimed at establishing the city as a ...

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 ...

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 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 ...

WASHINGTON DC, December 19, 2024 — The World Bank’s Board of Executive Directors today approved three operations totaling $1.16 billion to help Bangladesh improve health services, boost water and ...

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 ...