WASHINGTON, July 9, 2026—The World Bank’s Board of Executive Directors today approved financing to accelerate India’s national program for solar rooftops to bring clean energy to millions of homes and …
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Economy & Development
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Economy & Development
Joint Statement by the Heads of the International Energy Agency, International Monetary Fund, World Bank Group, and World Trade Organization
by NNW Bureauby NNW BureauWashington, DC: The Heads of the International Energy Agency (IEA), International Monetary Fund (IMF), World Bank Group (WBG), and World Trade Organization (WTO) met on July 7 as part of the …
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Economy & Development
Joint Statement by the Heads of the International Energy Agency, International Monetary Fund, World Bank Group, and World Trade Organization
by NNW Bureauby NNW BureauWashington, DC: The Heads of the International Energy Agency (IEA), International Monetary Fund (IMF), World Bank Group (WBG), and World Trade Organization (WTO) met on July 7 as part of the …
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Latest News
Ariel Yépez appointed World Bank Director for Bolivia, Chile, Colombia, Ecuador, Peru, and Venezuela
by NNW Bureauby NNW BureauWashington, 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, …
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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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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
World Bank Supports Kenya’s Push for Stronger Accountability and Social Protection
by NNW Bureauby NNW BureauWASHINGTON, June 29, 2026 — Kenya’s reform to strengthen governance, improve public financial management, and expand social protection for its most vulnerable citizens received World Bank Group support today through a …
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Global Affairs
Delivering a ‘Double Dividend’ For MENAAP Firms in Extreme Heat – New World Bank Report
by NNW Bureauby NNW BureauWASHINGTON, June 22, 2026 — Across the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP), three out of ten firms operate in extreme heat conditions for more than 100 days a …
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Economy & Development
IMF and Austria Renew Agreement Underpinning the Work of the Joint Vienna Institute
by NNW Bureauby NNW BureauVienna: The IMF and Austrian authorities have renewed their cooperation agreement on the Joint Vienna Institute (JVI), reaffirming its long-established role as a hub of economic learning, policy dialogue and international cooperation. On …
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Economy & Development
World Bank Group Backs Expansion of Türkiye’s Distributed Renewable Energy Market
by NNW Bureauby NNW BureauWASHINGTON, June 15, 2026 — The World Bank approved €400 million (US$468.4 million equivalent) in additional financing to scale up Türkiye’s distributed renewable energy market, expanding support for distributed wind power and commercial-scale …