Ireland increased its pledge to the International Development Association (IDA) by 33 percent to €141.4 million, reinforcing its commitment to improving lives in the world’s poorest countries.

The World Bank and Italy today signed an agreement to advance sustainable development in Africa, complementing the country’s recent contributions to multilateral development and increasing its ...

Through skills, training, and entrepreneurship support Kenya created 155,000 jobs, boosting youth employment. Young Kenyans ...

Transforming Indonesia's tourism sector and creating jobs through infrastructure and capacity building, improving water access, mobilizing investment, and advancing tourism professionals.

Discover the impact of generative AI on jobs in Latin America and the Caribbean, addressing productivity boosts, risks of ...

The Global Sovereign Debt Roundtable (GSDR) met today and reviewed progress on the work to improve debt restructuring processes and timelines, and to help address debt vulnerabilities.

The World Bank Group today announced the launch of the next phase of its Private Sector Investment Lab, focused on implementing proven solutions at scale.

COLOMBO, April 23, 2025—Sri Lanka’s economy has made a remarkable recovery in 2024, surpassing growth expectations by recording 5 percent growth, compared to the projected 4.4 percent, says the World ...

WASHINGTON, April 23, 2025 — According to the World Bank’s latest Middle East and North Africa Economic Update, entitled Shifting Gears: The Private Sector as an Engine of Growth in the Middle East ...

The Sri Lanka Development Update (SLDU) has two main aims. First, it reports on key developments over the past 12 months in Sri Lanka’s economy, places these in longer term and global contexts, and ...

WASHINGTON, April 23, 2025 – Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to ...