The Latest Breaking News from World Bank

Lebanese whose homes were destroyed in the war want to rebuild. Many face a long wait

It's been six weeks since a ceasefire halted the war between Israel and Hezbollah and many displaced Lebanese whose homes were destroyed in the fighting want to rebuild

The Independent UK · Jan 12, 2025

Afghanistan shows what investing in women’s education – or divesting – can do to an economy

When the Taliban fell from power in Afghanistan in 2001, women were once again allowed to go to school after being banned since 1996. I, along with World Bank education expert Raja Bentaouet Kattan and American University economist Rafiuddin Najam, analyzed the economic benefit of this societal change, using data…

The Conversation · Jan 3, 2025

Two-income households need social housing too. Here’s why

In a private property market where supply is restricted, increased family wealth can simply drive up the cost of suitable homes

The Guardian - UK · Dec 28, 2024

Myanmar's economy set to contract as floods and fighting take heavy toll, the World Bank says

The World Bank forecasts that Myanmar's economy will contract this year, as flooding and fighting take a severe toll nearly four years after the military ousted its government headed by Aung San Suu Kyi

The Independent UK · Dec 11, 2024

World Bank Announces Record $100 Bn Support For World's Poorest Countries

The World Bank announced Thursday that it has raised close to $24 billion to provide loans and grants for some of the world's poorest nations, which it can leverage to generate a record $100 billion in total spending power.

International Business Times · Dec 6, 2024

Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank

The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contraction

The Independent UK · Dec 5, 2024

Vietnam Pushes Electric Motorbikes As Pollution Becomes 'Unbearable'

In Vietnam's heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with two-wheelers belching toxic fumes.

International Business Times · Dec 4, 2024

UK increases World Bank contribution, boosting climate finance prospects

Government puts forward £1.98bn in funding over three years, an increase of about 40% on last pledge

The Guardian - UK · Nov 29, 2024

Multilateralism faces a toxic brew of debt, climate crisis and war. It’s time for a reboot

The stakes are high for donors at next month’s IDA summit in Seoul, but not investing in development means more instability globally

The Guardian - UK · Nov 25, 2024

Ghana’s economic diplomacy: how three presidents with different ideologies dealt with the IMF and World Bank

Since independence in 1956, Ghana’s leaders have followed a variety of global ideologies, from centre-right to socialist. But the country has also blended these with local priorities, like anti-colonialism and economic independence, while balancing the pressures from the IMF and World Bank.

The Conversation · Nov 21, 2024