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 ...

A semi-annual report on recent economic developments and the outlook in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia). This spring’s edition ...

WASHINGTON, April 19, 2024— 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 ...

The Development Committee met today, April 19, 2024. Development Committee members discussed the global macroeconomic and financial impact of current wars and conflicts including the war in Ukraine, ...

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, 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 ...

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 ...

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 ...

Entrepreneurs in Suriname, many of them women, are breaking down barriers and growing their businesses. They are transforming struggling ventures into ones that are expanding into foreign markets. The ...

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 ...