Commodity prices are set to rise 23% in 2026 as global shocks mount, according to the World Bank Group’s latest Commodity ...

The HIPC and related Multilateral Debt Relief Initiative (MDRI) programs have relieved 37 participating countries of more than $100 billion in debt. To date, 37 countries — 31 of them in Africa — have ...

The war in Ukraine has dealt a major setback to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices unusually high through the end of 2024, ...

Global progress on reducing extreme poverty has come to a standstill, and the world is at risk of falling further behind unless more and better jobs are created, according to the World Bank Group’s ...

Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty ...

Matteo Bugamelli, an Italian national, is the Executive Director for Albania, Greece, Italy, Malta, Portugal, San Marino, and Timor-Leste. He is currently the Dean of the World Bank Board of Executive ...

A new World Bank Group study examines the unique economic challenge of South Africa’s townships with a special focus on Diepsloot, using innovative approaches and data from new surveys especially ...

WASHINGTON, March 26, 2024 — The World Bank today released the following statement on Zambia: “The World Bank welcomes the agreement between the Government of the Republic of Zambia and bondholders on ...

About The World Bank The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and ...

RIYADH, September 22, 2025 – The World Bank announced today the opening of a new regional hub in Riyadh, Saudi Arabia, to serve the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) region ...

WASHINGTON, April 3, 2026—More than 21 million K-10 students and approximately 770,000 teachers are expected to benefit from a new Philippine government project aimed at improving learning outcomes in ...