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Dec 19, 2024 · Top News, Press Releases, Statements, Speeches & Transcripts, Videos, Podcasts and more from The World Bank Group.
The Pandemic Fund Announces Third Round of Funding ... - World Bank …
6 days ago · Washington, D.C., December 19, 2024 — The Pandemic Fund’s Governing Board approved a grant envelope of $500 million for its third round of funding to help low- and middle-income countries scale up efforts to build health systems capacity in disease surveillance, diagnostics and laboratory systems, and health workforce—the three critical building blocks to prevent and respond to future ...
For Poorest Economies, Next 25 Years Could Prove Decisive
Dec 12, 2024 · Without Course Correction, 20 of 26 Countries Would Remain Poor Through 2050. WASHINGTON, December 12, 2024— The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, a new World Bank analysis shows. Home to more than 40 percent of people struggling on less than $2.15 a day, these countries are the central focus of ...
World Bank boosts forecast: Strength of US economy will support …
Jun 11, 2024 · WASHINGTON (AP) — The World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on the strength of sustained growth in the United States. The bank’s latest outlook marks an increase from the 2.4% growth for 2024 it had predicted in January.
Exclusive: World Bank acts to boost lending capacity by $30 …
Oct 15, 2024 · The World Bank voted on Tuesday to change its internal lending guidelines, freeing up $30 billion in additional lending capacity over the next decade to help developing countries and emerging...
Ajay Banga Era Begins at the World Bank - The New York Times
Jun 2, 2023 · Ajay Banga officially became the 14th president of the World Bank on Friday and urged staff to join him in developing a “new playbook” for a global institution whose relevance has come into ...
Reflecting on 2024: A year of progress for water security
6 days ago · Through the new World Bank Group Scorecard, we redoubled our focus on accountability and achieving stronger development outcomes. Through our current portfolio of projects, 66.7 million people gained access to clean water, sanitation and/or hygiene, while over 200 million people were provided with strengthened food and nutrition security.
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Exclusive: World Bank staff question Ethiopia debt assessment …
2 days ago · Some World Bank staff have criticised an assessment of Ethiopia's finances conducted with the International Monetary Fund, questioning whether the analysis that underpins the country's debt ...
World Bank's new chief asks staff to 'double down' on …
Jun 2, 2023 · The World Bank's new president Ajay Banga on Friday asked the lender's 16,000 staff to "double down" on development and climate efforts as he seeks to accelerate the bank's evolution to...