The global economy has stabilized, but developing economies still face a tougher slog ahead. As countries work to promote growth and drive sustainable development, one key piece to success is ...
The World Bank updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert ...
TOKYO, June 1, 2026 — World Bank Group President Ajay Banga and Minister of Finance of Japan Satsuki Katayama today agreed to strengthen collaboration on helping developing countries build more ...
In response to a widespread and worsening water crisis, countries in the Middle East and North Africa (MENA) are taking strong steps to ensure a water-secure future for their citizens. In the process, ...
The Heads of the International Energy Agency, International Monetary Fund, World Bank Group and World Trade Organization met on May 28 as part of the high-level coordination group established in April ...
Water drives over half of Mozambique's economy, 90% of exports, and 84% of jobs—yet floods and droughts cost 6.7% of GDP each year. A new World Bank Water Security Diagnostic and the ProAguas Compact ...
The World Bank Group has seen an increase in the volume and sophistication of scams using names of the institutions of the World Bank Group (IBRD, IDA, IFC, MIGA, ICSID), its individual/group logos ...
WASHINGTON, MAY 12, 2026 - The Sahel Adaptive Social Protection Program (SASPP) today announced the launch of its third phase (2025-2030), with an ambitious objective to expand sustainable national ...
NAIROBI, May 13, 2026: Somalia’s economic growth moderated to an estimated 3 percent in 2025, down from about 4 percent in 2023–24, as declining foreign aid, drought conditions, and rising living ...
WASHINGTON, DC, May 15, 2026 — The World Bank's Board of Directors has approved a new project to catalyze investment in low-carbon industrial commodities, clean fuels, and enabling infrastructure in ...
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The Boards of Executive Directors (the Board) is made up of representatives of the Bank’s member countries that appoint them or elected them. They exercise powers delegated by the Boards of Governors.
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