PORT MORESBY, August 10, 2026 — The World Bank Group has approved the US$100 million Rural Service Delivery Project Phase 2 (RSDP-2), which will help improve access to basic services and …
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Economy & Development
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Economy & Development
Syria: World Bank Approves US$100 Million Grant for Financial Sector Modernization
by NNW Bureauby NNW BureauWASHINGTON, August 7, 2026 – The World Bank Board of Executive Directors approved yesterday a US$100 million grant from the International Development Association (IDA) to support Syria in building the foundations …
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Education & Innovation
In Kosovo, Childcare Vouchers Help Kids Learn and Mothers Work
by NNW Bureauby NNW BureauEvery morning, Lendita Beka, a mother of two, prepares breakfast, tidies the house, and plans the countless errands and tasks that fill her day. But she wants more: “I would like to …
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Latest News
World Bank Appoints Lisa Finneran as Vice President for Partnerships, Innovation and Mobilization
by NNW Bureauby NNW BureauWASHINGTON, July 30, 2026 — The World Bank Group (WBG) has appointed Lisa Finneran as Vice President for Partnerships, Innovation and Mobilization (PIM), effective September 1, 2026. The Vice Presidency, housed …
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Economy & Development
A Market-Based Approach to Scaling Clean Cooking in the Democratic Republic of Congo (DRC)
by NNW Bureauby NNW BureauIn the DRC, the World Bank-supported FOREST Program is scaling clean cooking through results-based financing for local enterprises. Backed by IDA and ESMAP, the effort aims to equip 500,000 households …
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Economy & Development
World Bank Group and ISDA Join Forces to Strengthen Derivatives Markets in Developing Economies
by NNW Bureauby NNW BureauWASHINGTON, D.C., July 15th, 2026 – The World Bank Group institutions (IBRD, IDA and IFC) and the International Swaps and Derivatives Association, Inc. (ISDA) today signed a Memorandum of Understanding (MoU) …
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Economy & Development
Burkina Faso: New World Bank Financing to Expand Economic Opportunities and Strengthen Social Protection Systems
by NNW Bureauby NNW BureauWASHINGTON June 15, 2026 – The World Bank approved today a new project in Burkina Faso to expand economic opportunities for vulnerable populations, foster social cohesion, and strengthen the country’s social protection …
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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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Education & Innovation
Uzbekistan to Improve the Quality of Primary Education for 2 Million Children and Future Jobs Access with World Bank Support
by NNW Bureauby NNW BureauWASHINGTON, June 30, 2026—The World Bank’s Board of Executive Directors today approved financial support for the Government of Uzbekistan to improve learning outcomes in primary schools across six regions and …