The World Bank and the Government of Sri Lanka today signed the Second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation (DPO) for $200 million. This is the second ...

Developing East Asia and Pacific (EAP) is continuing to grow faster than the rest of the world in 2024, but slower than before the pandemic, the World Bank said in its semi-annual economic outlook for ...

Economies do better at enacting regulations to improve the national business climate than they do in providing the public ...

What does the world need to do to become “Business Ready”? A healthy business environment and strong private sector are ...

Poverty has increased slightly amid recent shocks, despite some economic stabilization. Pakistan made significant progress towards reducing poverty between 2001 and 2018 with the expansion of off-farm ...

The Kingdom of Bhutan is considered a development success story, with decreasing poverty and improvements in human development indicators. The Bank's engagement in Bhutan is aimed at supporting the ...

The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the World Health Organization (WHO) have agreed on broad principles for cooperation on pandemic preparedness.

With support from the World Bank and the Global Financing Facility (GFF), Nigeria strengthened primary health care and expanded critical services to women, children and adolescents. Despite progress, ...

WASHINGTON, October 3, 2024 – The World Bank’s Board of Executive Directors approved a financial package of $800 million in highly concessional loans to support Uzbekistan’s reform agenda geared ...

Since China began to open up and reform its economy in 1978, GDP growth has averaged over 9 percent a year, and more than 800 million people have lifted themselves out of poverty. There have also been ...

The world is facing a set of intertwined challenges: climate crisis, debt, food insecurity, pandemics, and fragility; and a need to accelerate access to clean air, water, and energy. Time is of the ...