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 ...

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

The economic growth of the Dominican Republic has tripled the regional average over the past two decades, resulting in close to 3 million people rising out of poverty, a middle class that now ...

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.

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 ...

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.

Discover how World Bank support is creating jobs, reducing poverty, and driving inclusive growth across East Asia and Pacific ...

Economic activity contracted by about 2.5 percent in 2024, against a backdrop of energy shortages, high rates of violence, and political uncertainty. The worst drought in 60 years led to blackouts and ...

WASHINGTON, April 23, 2025—Amid increasing uncertainty in the global economy, South Asia’s growth prospects have weakened, with projections downgraded in most countries in the region. Stepping up ...

Financial depth captures the financial sector relative to the economy. It is the size of banks, other financial institutions, and financial markets in a country, taken together and compared to a ...