Washington, D.C., July 1, 2026 – The World Bank announced the appointment of Ariel Yépez as Director of the new Andean Countries Division, effective July 1, 2026. In this position, …
NNW Bureau
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Latest News
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Economy & Development
Tajikistan Accelerates Economic Reforms with World Bank Support
by NNW Bureauby NNW BureauWASHINGTON, July 1, 2026—The World Bank’s Board of Executive Directors approved a $100 million grant from the International Development Association (IDA) to support foundational economic reforms, including in the digital, aviation, …
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Planet & Sustainability
Tajikistan Invests in Water Conservation and Energy Efficiency with World Bank Support
by NNW Bureauby NNW BureauWASHINGTON, July 1, 2026—The World Bank’s Board of Executive Directors approved a major project to modernize Tajikistan’s water and irrigation systems and support ongoing reforms, bringing improved irrigation services and …
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Economy & Development
World Bank Group and Morocco Partner to Unlock the Power of Next-Generation Hydropower
by NNW Bureauby NNW BureauWASHINGTON, 1 July 2026 — The World Bank Board of Directors today approved $265 million to support the Ifahsa Pumped Hydropower Storage Project in Morocco, a major clean energy infrastructure investment in northern …
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Economy & Development
PAKISTAN: Strengthening Fiscal Federalism to Drive Development
by NNW Bureauby NNW BureauISLAMABAD, July 01, 2026 – Strengthening how public resources are shared across Pakistan’s three tiers of government- federal, provincial and local – is essential to sustaining macroeconomic stability, improving public services, …
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Economy & Development
World Bank Backs Sri Lanka’s Reform Agenda with US$150 Million to Drive Growth and Resilience
by NNW Bureauby NNW BureauWASHINGTON, 1 July 2026 —The World Bank’s Board of Executive Directors approved US$150 million in financing to support Sri Lanka’s reform agenda aimed at boosting investment, strengthening competitiveness, and creating jobs. The …
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Latest News
Marcela Ponce Assumes World Bank Group Representation in Costa Rica Under a New Unified Leadership Model
by NNW Bureauby NNW BureauSAN JOSÉ, July 1st 2026 – Marcela Ponce has assumed, as of July 1, the role of World Bank Group (WBG) Representative in Costa Rica, a position that unifies the institution’s …
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Economy & Development
Papua New Guinea’s Economy Grows, but Jobs Gap Remains
by NNW Bureauby NNW BureauPort Moresby, July 2, 2026 — Papua New Guinea’s economy is growing strongly but is not yet creating enough quality jobs for its fast-growing population, according to a new World Bank Economic …
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Economy & Development
New Zealand: Staff Concluding Statement of the 2026 Article IV Mission
by NNW Bureauby NNW BureauAn International Monetary Fund mission led by Yan Carrière-Swallow and comprising Matteo Ghilardi, Yaroslav Hul, and Marina Mendes Tavares held discussions in Auckland and Wellington during June 18-July 1 for …
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Economy & Development
IMF Executive Board Concludes 2026 Article IV Consultation with Israel
by NNW Bureauby NNW BureauWashington, DC: The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Israel on June 24, 2026.[1] The elevated regional tensions are casting a shadow on …