Global commodity prices are leveling off after a steep descent that played a decisive role in whittling down overall ...

In a historic show of unity, 20 African leaders assembled at a major summit committed to focusing development aspirations across the continent. This ambitious agenda, aiming to dramatically improve ...

Development Committee members discussed the global macroeconomic and financial impact of current wars and conflicts including the war in Ukraine, the humanitarian crisis in Gaza, as well as the ...

New financial instruments designed to boost lending capacity and enable the World Bank Group to take on more risk for shared global challenges have received a significant endorsement. A set of 11 ...

Since 2014, the World Bank has supported resilient transport projects in 20 Small Island Developing States (SIDS) across Africa, the Caribbean, and the Pacific, benefiting 3 million people. These ...

With World Bank support, Morocco has made significant strides since 2008 in strengthening its disaster and climate resilience. This has included gradual transition from a post-disaster approach ...

WASHINGTON, April 26, 2024 — The World Bank is providing immediate support for millions of Malawians severely affected by the ongoing food security crisis. A quick-release of $57.6 million in ...

This interview was originally published in Albanian in the print edition of Monitor magazine on April 22, 2024. Monitor: The Ministry of Finance has announced that in cooperation with the World Bank ...

Washington D.C., April 25, 2024 - The World Bank (International Bank for Reconstruction and Development, or IBRD, AAA/Aaa), priced a catastrophe (cat) bond that finances US$150 million of insurance ...