Papua New Guinea is undergoing economic and social transformation. It is one of the most diverse countries in the world; home to over 11.78 million people and more than 800 different languages spoken ...

The World Bank's Infrastructure Finance, PPPs & Guarantees (IPG) Group, through the Public-Private Infrastructure Advisory Facility (PPIAF), completed a comprehensive global review to better ...

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 ...

A rural electrification project in Eastern Province, Rwanda. Photo: Rwanda Energy Group In just 15 years, Rwanda has increased its electricity access to 75% from 6% in 2009. This took government ...

Air pollution is the world’s leading environmental cause of illness and premature death, causing 6.7 million premature deaths per year. Air pollution is also a sign of global imbalances, as 95% of ...

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 ...

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

KUALA LUMPUR, April 25, 2024— Malaysia's long-term growth prospects depend critically on bolstering its human capital by improving learning outcomes for children, according to the World Bank Malaysia ...

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 ...

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 ...

Malaysia has achieved near universal primary education with remarkable equity in resources and student experiences. Net enrollment rate at the primary level is close to 100 percent since 2013. Despite ...