Reconstruction and recovery needs in Gaza are estimated to require $53 billion, according to the Gaza & West Bank Interim ...

MDBs called for stronger collaboration among national governments, private partners, and the international donor community to bridge the funding gap and advance road safety initiatives worldwide.

ACCRA, February 12, 2025 - The World Bank Group’s latest Public Finance Review report, titled “Building the Foundations for a Resilient and Equitable Fiscal Policy,” highlights that Ghana's impressive ...

Quality basic education is critical to fostering inclusive growth in South Africa, requiring key needs such as infrastructure reforms, efficient public spending, and the strengthening of human capital ...

The World Bank has supported the construction of two solar parks with a total capacity of 48 megawatt peak (MWp): 25 MWp with a 30 megawatt-hour (MWh) battery energy storage system (BESS) in the ...

Dili, February 13, 2025 – High government spending as a share of gross domestic product (GDP) in Timor-Leste and modest returns on investment from its Petroleum Fund could impact the country’s ...

Panama has experienced remarkable economic growth in recent decades, which has led to a significant reduction in poverty. However, the country remains one of the most unequal in the world. For example ...

The economy is set to gain momentum in 2025, driven by stronger domestic demand and fiscal stimulus measures. Growth is projected to accelerate to 2.9 percent in 2025 up from 2.6 percent in 2024.

Quito, February 11, 2025 - The World Bank approved Additional Financing for Ecuador to strengthen social protection systems, ensuring a greater impact on the most vulnerable populations. This support ...

After decades of volatile low growth and low investment, Pakistan has fallen behind its peers in key metrics of development. It now has an opportunity to durably take another course. The economy is ...

DHAKA, February 13, 2025—The World Bank Vice President for South Asia, Martin Raiser, concluded his visit to Bangladesh today and reaffirmed the World Bank’s support for economic reforms critical for ...