WASHINGTON, July 6th, 2026 — The World Bank Group has approved US$225 million in financing for the Integrated Urban Development and Resilience Project for Jobs (PRODUIRE2) to strengthen climate resilience, improve infrastructure, …
NNW Bureau
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Economy & Development
The Agri-Entrepreneur Next Door – A global farming initiative is redefining jobs and harvests in rural Bangladesh
by NNW Bureauby NNW BureauIt is early morning in a small market town in northern Bangladesh, and Mehedi is already at his shop. He opened the doors of his Better Life Center in Saidpur …
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BEIJING, July 7, 2026 — China’s economy stayed resilient in early 2026, supported by strong high-tech investment and exports, according to the World Bank’s latest China Economic Update, Rebalancing Growth. The report …
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Economy & Development
Upper-middle income: A launchpad for the Philippines’ future
by NNW Bureauby NNW BureauMANILA, Philippines – The Philippines stands at an important moment in its development journey. Its transition to upper-middle income country (Umic) status on July 1st 2026, is a recognition of decades …
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Press Release
IFC Launches Standout $2 Billion 5-Year USD Green Benchmark Bond
by NNW Bureauby NNW BureauWashington, July 7, 2026 – The International Finance Corporation (IFC, rated Aaa/AAA), a member of the World Bank Group, priced its first US dollar benchmark bond of the fiscal year, …
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Economy & Development
IMF Staff Completes 2026 Article IV Mission to Algeria
by NNW Bureauby NNW BureauAlgiers, Algeria: An International Monetary Fund (IMF) mission led by Mr. Charalambos Tsangarides visited Algiers during June 16–30, to conduct the 2026 Article IV consultation with Algeria. At the end of …
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Economy & Development
IMF Executive Board Concludes the 2026 Article IV Consultation with The Gambia and Completes the Fifth Review Under the Extended Credit Facility and the Second Review Under the Resilience and Sustainability Facility Arrangements
by NNW Bureauby NNW BureauWashington, DC: The Executive Board completed today the 2026 Article IV Consultation for The Gambia[1] and the fifth review of The Gambia’s Extended Credit Facility (ECF) arrangement, approved on January 12, 2024, to …
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Economy & Development
IMF Executive Board Concludes 2026 Article IV Consultation with Solomon Islands
by NNW Bureauby NNW BureauWashington, DC: On June 29, the Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Solomon Islands.[1] Economic activity in 2025 exceeded staff expectations. The economy …
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Latest News
IMF Managing Director Kristalina Georgieva Names Silvana Tenreyro as IMF Economic Counsellor and Head of Research Department
by NNW Bureauby NNW BureauWashington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today the appointment of Silvana Tenreyro as the Fund’s Economic Counsellor and Director of the Research Department (RES). …
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Sports & Inspiration
FIFA World Cup 2026: Cristiano Ronaldo: “This will be my last World Cup”
by NNW Bureauby NNW BureauCristiano Ronaldo could play his final FIFA World Cup match on Monday 6 July, when Portugal face Spain in the Round of 16 in Arlington, Texas. The Portuguese superstar, who has featured at six World Cups …