Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest International Debt Report shows.

This early pledge announcement comes ahead of the final IDA21 replenishment meeting scheduled for December 5-6, 2024, in Seoul, South Korea. The increase underscores Croatia's recognition of the ...

Papua New Guinea is undergoing economic and social transformation. It is one of the most diverse countries in the world; home to over 11.78 million people and more than 800 different languages spoken ...

The Amazon is home to approximately 90% of the world’s jaguar population, who play a crucial role in maintaining the ecological balance of the Amazon rainforest by regulating prey populations.

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable ...

Since it was established in 1960, the World Bank's International Development Association (IDA) has transformed millions of lives. From expanding energy access in Yemen to promoting job-focused ...

"Remote Learning During the Global School Lockdown: Multi-Country Lessons” and “Remote Learning During COVID-19: Lessons from Today, Principles for Tomorrow" The COVID-19 pandemic has disrupted ...

The World Bank Group's Environment Strategy 2012-2022 lays out an ambitious agenda to support "green, clean, resilient" paths for developing countries, as they pursue poverty reduction and development ...

London, UK, 29 November 2024 — The United Kingdom has announced a 40% increase in its contribution to the World Bank’s International Development Association (IDA)—from 1.414 billion GBP in IDA20 and ...

Despite 6.9% GDP growth in 2007-08 to 2011-12, 36% of Afghans remained poor in 2007-08 and one in 3 Afghans couldn't afford to cover their basic needs in 2012. Growth widened the gap between the rich ...

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable ...

The Japan Social Development Fund (JSDF) is a Partnership between the Government of Japan (GoJ) and the World Bank conceived in the wake of the Asian financial crisis in the late 1990s. It was ...