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New World Bank Report on Moldovan Economy Outlines Key Reforms Necessary for Accelerating Growth, Aligning with EU Standards
CHISINAU, November 25, 2024 – The Moldova Country Economic Memorandum (CEM) launched today by the World Bank and the Ministry of Economic Development and Digitalization of the Republic of Moldova ...
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Judith Green appointed World Bank Group Country Manager for Malaysia
Kuala Lumpur, Malaysia, November 25, 2024 — The World Bank Group has appointed Judith Green as Country Manager for Malaysia, a role that will unify country-level leadership to better support ...
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Climate Action: A Catalyst for Egypt's Prosperity and Sustainable Growth
Climate action carries numerous benefits for Egypt, allowing the country to leverage renewable energy and sustainable practices to drive economic development, creating new job opportunities and ...
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Giving a Boost to Rural Women Entrepreneurs
Amna Khatoon from Muzaffarpur, Bihar, makes bangles for a wholesaler during the lean agricultural season. If she could procure the raw materials on her own, she could open a small shop, turn in a ...
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World Bank Launches Wall Art Exhibition ‘Paint Your Sky, Make it Yours’ Featuring Youth’s Visions for Bangladesh
DHAKA, November 23, 2024 — The World Bank organized an exhibition, showcasing an inspiring collection of wall arts created by students and youths from across the country, reflecting their hopes and ...
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Rebuilding Somalia: Renewing Social Contract in a Fragile State Amidst Revenue Challenges
Somalia has made significant progress on its state-building journey since 2012, emerging from over three decades of being considered a failed state and submerged in an armed conflict. Efforts to ...
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Government and World Bank Launch $128 Million Project to Improve Nepal’s Provincial and Local Road Network
KATHMANDU, November 21, 2024 — The Government of Nepal and the World Bank jointly launched the $128 million (equivalent to NRs. 17.15 billion) Provincial and Local Roads Improvement Program-Phase 1 ...
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Water Security and Climate Change: Insights from Country Climate and Development Reports
To support the alignment of development and climate objectives at the country level, the World Bank Group launched the Country Climate and Development Report (CCDR). CCDRs help governments, private ...
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World Bank Approves Emergency Operation to Support Barbados’ Recovery from Hurricane Beryl
Washington, D.C., November 21, 2024: The World Bank’s Board of Executive Directors today approved the Beryl Emergency Response and Recovery Project to support Barbados’ recovery from the impacts of ...
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New Education Initiative to Support Sudanese Schools and Ensure Learning Continuity for Nearly Four Million Children
WASHINGTON, November 21, 2024 – A new World Bank-supported program aims to ensure educational continuity for nearly four million students across Sudan. Since the conflict started in Sudan in April ...
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World Bank Report Outlines Path to High Income for Viet Nam Through Higher Value Trade and Economic Reforms
Hanoi, November 21, 2024—A new World Bank report—Viet Nam 2045: Trading Up in a Changing World – Pathways to a High-Income Future—explores how the country can upgrade its participation in global value ...
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Investing in the Success of Adolescent Girls in Africa Requires a Targeted Approach
WASHINGTON, November 21, 2024 – Amid growing calls to invest in human capital and expand job opportunities for Africa’s burgeoning youth population, a new report underscores the challenges faced by a ...