NUKU’ALOFA, May 1, 2026— Thousands of Tongans will see more reliable access to jobs, markets, and essential services as new support strengthens resilient roads, bridges, and urban infrastructure on Tongatapu. …
IDA
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Economy & Development
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Economy & Development
Morocco Can Accelerate Growth, Attract Private Investment, and Generate Millions of Jobs Through Structural and Other Policy Reforms
by NNW Bureauby NNW BureauRabat, Morocco, April 28, 2026 – Morocco could generate 1.7 million additional jobs by 2035 and increase real GDP by close to 20 percent above baseline – but realizing that potential will …
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Economy & Development
Joint Statement by the Heads of the International Monetary Fund, the World Bank Group and the World Food Programme
by NNW Bureauby NNW BureauWashington DC: The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG) and the World Food Programme (WFP) met to discuss the global economic and food security impacts of the war in the Middle East. They issued the following statement: The Middle East war is …
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Economy & Development
Why Resilience & Disaster Management Are Central to Jobs
by NNW Bureauby NNW BureauAt the World Bank Group, our goal is to help countries build economies that convert growth into local jobs. Over the next 10 to 15 years, 1.2 billion young people in developing countries will reach …
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Economy & Development
Joint Statement by the Heads of the International Energy Agency, International Monetary Fund, and World Bank Group
by NNW Bureauby NNW BureauWashington, DC: The Heads of the International Energy Agency, International Monetary Fund, and World Bank Group have agreed to form a coordination group to maximize their institutions’ response to the energy …
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Economy & Development
Nigeria: World Bank Approves Project to Expand Agricultural Value Chains and Jobs
by NNW Bureauby NNW BureauWASHINGTON D.C., March 30, 2026 – The World Bank has approved a $500 million International Development Association (IDA) credit for the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) Project, aimed at increasing …
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Economy & Development
World Bank to Help Armenia Attract Investment and Boost Competitiveness
by NNW Bureauby NNW BureauWASHINGTON, March 30, 2026—The World Bank’s Board of Executive Directors today approved the $200 million (EUR 170.3 million) Economic Transformation Development Policy Operation to support Armenia’s transition toward a more …
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Economy & Development
World Bank Group Financing of Over US$25 Million to Support Economic Diversification in Djibouti
by NNW Bureauby NNW BureauWASHINGTON, March 27, 2026 — The World Bank Group has approved a US$25.75 million grant from the International Development Association (IDA) to support the Djibouti Economic Diversification Program, the country’s first Program-for-Results …
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Economy & Development
Electricity’s Impact in Benin: Transforming Lives Pole by Pole
by NNW Bureauby NNW BureauFor years, Juliet Sokou, a food entrepreneur, owned a refrigerator she could not use. The appliance sat in the corner of her food stall in Sahouekomey, a quiet neighborhood on …
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Economy & Development
World Bank Group Approves $135 Million to Strengthen Senegal’s Health System and Expand Financial Protection for Vulnerable Populations
by NNW Bureauby NNW BureauWASHINGTON, March 18, 2026 – The World Bank has approved $135 million in financing to strengthen Senegal’s health system, improve health outcomes for women, children and adolescents and provide financial protection …