WE Finance Code: Data-Driven Transformation to Close the Gender Finance Gap
WE Finance Code: Data-Driven Transformation to Close the Gender Finance Gap
The World Bank > All NewsChallenges and Changes: Kazakhstan Through Eyes of World Bank
Interview with David Knight - the lead country economist of the World Bank for Central Asia.
The World Bank > All NewsWorld Bank Debars two Consultancy Companies and an Individual for Fraudulent Practices
The World Bank today announced the debarment of the Pakistan-based consultancy companies Solutions for Development Support (Pvt.) Ltd. and Community Resilience Initiative, as well as Mr. Malik Nasir Hussain Tanoli, a Pakistani national, in connection with fraudulent practices as part of the Sindh Resilience Project in Pakistan.
The World Bank > All NewsLao PDR and World Bank Start CLEAR Initiative to Fight Poverty
The Community Livelihood Enhancement & Resilience project – CLEAR - works with rural villages that are vulnerable to poverty, climate change and malnutrition
The World Bank > All NewsGovernment of Nepal, Multilateral Developments Banks, and International Financial Institutions Agree on Harmonization of Disbursement Practices
Government of Nepal, Multilateral Developments Banks, and International Financial Institutions Agree on Harmonization of Disbursement Practices
The World Bank > All NewsLebanon: Better Childcare Services Can Improve Women’s Access to the Labor Market and Support Growth
Childcare responsibilities are one of the main obstacles to women employment in Lebanon, according to a new World Bank Group report released today. Expanding the availability, affordability, and quality of childcare services, while tackling social norms around their utilization, can support women in joining or remaining in the workforce, while contributing to children growing at their full potential, ultimately leading to job creation and economic growth.
The World Bank > All NewsWorld Bank Supports Ukraine to Maintain Economic Stability
The World Bank’s Board of Executive Directors approved a new Development Policy Operation (DPO) for Ukraine in the amount of $1.5 billion.
The World Bank > All NewsLiberia Poverty Assessment: Towards A More Inclusive Liberia
Even after two decades of relative peace, more than half of Liberia’s population still lives in poverty, reflecting the scars of a devastating civil conflict and the Ebola crisis. Poverty—measured at the official national poverty line—increased from 54.1% in 2014 to 58.9% in 2016, driven by the Ebola crisis and the 2015 economic downturn.
The World Bank > All NewsNew Trust Fund for Resilience and Opportunities for Well-being Established for Moldova
The World Bank announced today that it has established a multi-donor trust fund program aimed at supporting the Government of Moldova in investing and strengthening its institutions to become more competitive, resilient, and inclusive as the country is pursuing the EU accession.
The World Bank > All NewsNew Report to Address Poverty in Liberia Launched
The World Bank has launched a new report titled Liberia Poverty Assessment 2023 Report: Towards a More Inclusive Liberia. The report highlights that while 3 out of 10 people in Monrovia are living in poverty, the situation is significantly worse in rural areas, where 8 out of 10 individuals were affected by poverty in 2016. This stark disparity between urban and rural areas poses a significant challenge to poverty reduction efforts in Liberia.
The World Bank > All NewsMadagascar Urbanization Review: Leveraging Cities as Drivers of Growth and Structural Transformation
Madagascar's cities are the powerhouse of its economy, contributing three-quarters of the national GDP, with the capital, Antananarivo, alone accounting for 44%. Yet, this urban economic might is not translating into effective poverty reduction or inclusive growth.
The World Bank > All NewsBosnia and Herzegovina’s Continued Progress Requires More Economic and Energy Reforms
Bosnia and Herzegovina (BiH) has made significant development progress over the past two decades. To continue on this path of growth, the country needs structural economic and energy reforms, as well as improved coordination between all levels of governments in BiH, according to the latest comprehensive economic analysis prepared by the World Bank.
The World Bank > All NewsNew World Bank Group Report Says Liberia Needs to Prioritize Essential Climate Actions to Promote Growth and Development
The World Bank Group’s new Country Climate and Development Report (CCDR) for Liberia explores the mounting risks that climate change could undercut Liberia’s economy and push more Liberians into poverty. Highlighting the role of proactive action, the report calls for adaptation and better planning for low-carbon growth, land use, and investment.
The World Bank > All NewsAccelerating Data Modernization Efforts in Western and Central Africa - Republic of Congo and Gabonese Republic get World Bank support to enhance their statistical systems
The World Bank today approved an additional $150 million in credit and loan from the International Development Association (IDA) and from the International Bank for Reconstruction and Development (IBRD) to improve and harmonize data systems in the Republic of Congo and Gabonese Republic, respectively. This operation is an Additional Financing of the Harmonizing and Improving Statistics in West and Central Africa Series of Projects-Two (HISWACA-SOP 2) project, designed to improve national statistical performance, promote regional harmonization, facilitate data access and utilization, and drive the modernization of statistical frameworks in Western and Central Africa.
The World Bank > All NewsLiberia Country and Climate Development Report (CCDR)
This Country Climate and Development Report examines Liberia’s development trajectory through the lens of the country’s vulnerability to climate change. It identifies Liberia’s development risks and opportunities, models various scenarios of climate impact and intervention, and proposes ways to strengthen resilience and finance climate actions that support Liberia’s development aspirations of inclusive growth and poverty reduction.
The World Bank > All NewsStatement on Development Policy Lending for Democratic Republic of Congo (DRC)
The World Bank recently financed two Development Policy Loans for $250 million in June 2022 and $500 million in March 2023 to support a program of reforms in the Democratic Republic of Congo.
The World Bank > All NewsSierra Leone Records Progress in Human Capital Development - But Requires Sustained Investments to Drive Economic Growth and Reduce Poverty
Sierra Leone has made commendable strides in improving human capital development with the government demonstrating a strong commitment to enhancing the well-being and productivity of its population through significant investments in health and education, according to a new World Bank report launched today in Freetown. The report also highlights the prioritization of social protection interventions like cash transfers to extremely vulnerable groups as a notable intervention aimed at reducing poverty and building human capital.
The World Bank > All NewsThailand Systematic Country Diagnostic Update 2024: Shifting Gears - Toward Sustainable Growth and Inclusive Prosperity
The World Bank has launched the Systemic Country Diagnostic (SCD) Update for Thailand. Shifting Gears: Toward Sustainable Growth and Inclusive Prosperity provides a comprehensive analysis of development challenges and opportunities for accelerating progress in poverty reduction and shared prosperity in a sustainable way.
The World Bank > All NewsWorld Bank Outlines Five Reform Priorities for Thailand to Revitalize Growth
The World Bank has launched the Systemic Country Diagnostic (SCD) Update for Thailand. Shifting Gears: Toward Sustainable Growth and Inclusive Prosperity provides a comprehensive analysis of development challenges and opportunities for accelerating progress in poverty reduction and shared prosperity in a sustainable way.
The World Bank > All NewsBright Minds, Brighter Futures: Inspiring A Generation of Scientists and Innovators in Georgia
A World Bank-supported project is helping improve students’ learning outcomes and inspiring a new generation of scientists and innovators in Georgia. Nearly 200 schools across the country have new facilities and extracurricular programs geared towards robotics, computer programming, engineering, and other STEAM fields.
The World Bank > All NewsA Decade of Saving Lives Through Road Safety Investments
Over the past decade, the World Bank has supported various partner countries in improving road safety. GRSF, a multi-donor Trust Fund managed by the World Bank, has been instrumental in catalyzing much of the World Bank’s road safety investments.
The World Bank > All NewsWorld Bank and Panama Strengthen Work to Reduce Emissions and Enhance Climate Change Resilience
The Panama Second Climate Resilience and Green Growth Development Policy Loan (DPL) will bolster reforms to decarbonize the transport and energy sectors and support Panama in building the capacity to adapt to climate change and mitigate its effects, benefitting the most vulnerable populations.
The World Bank > All News