The Pandemic Fund’s Governing Board approved a grant envelope of $500 million for its third round of funding to help low- and ...

The World Bank’s Poverty and Shared Prosperity series provides the latest estimates and trends in global poverty and shared prosperity. The 2022 edition provides the first comprehensive look at the ...

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 ...

Serbia is exposed to several climate-related hazards, including floods, landslides, droughts, heat waves, wildfires and earthquakes, which affect its water and energy security, agriculture, rural and ...

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 ...

This World Bank report analyzes Uzbekistan's services sector, highlighting the challenges and opportunities for its development and recommends reforms to modernize the sector, boost productivity, ...

BELGRADE, December 17, 2024-- Serbia can maintain its economic growth and create new jobs if it invests in climate change resilience and decarbonization, according to the World Bank Group’s Country ...

YEREVAN, Dec. 17— A new World Bank report released today finds that making taxes fairer and investing in education quality and learning outcomes can help Armenia reach its revenue, education, and ...

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 ...

In a world grappling with economic uncertainty, debt crises, and climate shocks, global solidarity remains a powerful force for positive change. And there is no better demonstration of solidarity in ...

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 ...

Chad has been heavily impacted by flooding causing extensive damage. Torrential rains and flooding have killed 576 people and left 1.9 million homeless in the country since July 2024. The capital ...