Today, we are proud to announce the results of that effort. After months of negotiation, partnership, and unwavering ...

The World Bank Group and partner governments have mobilized a record replenishment to the International Development ...

ABIDJAN, December 5, 2024 – With support from the World Bank Group, Côte d’Ivoire will complete a debt-for-development swap, a transaction designed to improve the country’s debt profile and generate ...

Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest International Debt Report shows.

Managing integrity risks within state-owned enterprises is crucial to reducing corruption and preventing economic and political harm that can erode public trust. To mark International Anticorruption ...

Over the past seven years, the Global Water Security and Sanitation Partnership (GWSP) has built a robust framework for advancing water management through extensive knowledge development, data, and ...

The United Kingdom has announced a 40% increase in its contribution to the World Bank’s International Development Association (IDA)—from 1.414 billion GBP in IDA20 and to GBP 1.98 billion GBP in IDA21 ...

This early pledge announcement comes ahead of the final IDA21 replenishment meeting scheduled for December 5-6, 2024, in Seoul, South Korea. The increase underscores Croatia's recognition of the ...

Since it was established in 1960, the World Bank's International Development Association (IDA) has transformed millions of lives. From expanding energy access in Yemen to promoting job-focused ...

Climate action carries numerous benefits for Egypt, allowing the country to leverage renewable energy and sustainable practices to drive economic development, creating new job opportunities and ...

Gulf Economic Update: Navigating the Water Challenge in the GCC RIYADH, December 1, 2024 – The GCC region is estimated to have subdued economic growth of 1.6% in 2024 but is forecast to grow at 4.2% ...