Conflict and instability are taking a devastating toll on the 39 economies afflicted by them, driving up extreme poverty ...

Global growth is projected to slow to 2.3 percent in 2025, nearly half a percentage point lower than the rate that had been ...

Slovenia has announced a 30% increase in its contribution to the World Bank's International Development Association (IDA), reinforcing its commitment to supporting the world's poorest countries. The ...

The Joint MDB Water Security Financing Report 2024 marks a milestone in collective action by ten Multilateral Development ...

This report calls for a radical shift toward debt transparency as critical to debt sustainability, urging legislative reforms ...

Fifty-eight-year-old widow Arza Parveen wasted no time building a life of resilience and independence after her husband was injured in war. Her family was left without financial support. With a ...

The table below lists the WBG client countries that are recognized as Small States and members of the Small States Forum (SSF), as well as those classified by the United Nations as Small Island ...

Some women in Somalia have found work in its male-dominated construction industry, proving that skill, not gender, determines ...

More developing economies are turning to off-budget and more complex borrowing arrangements in response to a tighter financing environment, making it harder to fully assess public debt exposures, ...

Rwanda's Journey to Job Creation A sunny June day in a Kigali market, a young girl named Joy sets out a small basket of oranges along the road. She had left school due to financial hardship, and now ...

Based on the current trajectory, 622 million people (7.3 percent of the global population) are projected to live in extreme poverty in 2030. This means, about 69 million people are projected escape ...

KEY ACHIEVEMENTS The World Bank has been progressively scaling up support to social safety net projects in Latin America and the Caribbean, reaching 73 million beneficiaries with its lending from FY19 ...