job creation

The global jobs challenge Emerging market and developing economies (EMDEs) face a jobs challenge of historic proportions. Between 2025 and 2035, around 1.2 billion young people in these economies are …

MANILA, August 3, 2026 – The Philippines has reached upper-middle-income country (UMIC) status. Sustaining and deepening that achievement will require the right reforms to navigate current headwinds, unlock stronger, more inclusive …

When gas supplies are disrupted, countries immediately feel the consequences: power systems buckle, factories slow down, and businesses scale back operations, directly affecting people’s livelihoods. These pressures are most acute …

For 15 years, the World Bank’s Africa Chief Economist Office and the Agence Française de Développement (AFD), coordinated by World Bank Publications, have worked together to bring evidence into policy …

WASHINGTON, June 5, 2026 — The World Bank Board of Executive Directors approved yesterday a US$900 million financing package for a new project to help improve Iraq’s road infrastructure, make travel …

Off the northern tip of Luzon, where the South China Sea meets the Luzon Strait, the wind blows with a consistency and force that fishermen have navigated for centuries. In …

WASHINGTON, DC, May 15, 2026 — The World Bank’s Board of Directors has approved a new project to catalyze investment in low-carbon industrial commodities, clean fuels, and enabling infrastructure in industrial …

Washington D.C., 17 April 2026 –  In a period of heightened global uncertainty, including the evolving situation in the Middle East, the Heads of Multilateral Development Banks (MDBs) today underscored the importance …

Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for the United States[1] on April 1, 2026. The U.S. economy has performed well in 2025. …

WASHINGTON, March 18, 2026 — The World Bank’s Board of Executive Directors today approved a €18 million loan to Montenegro to support more sustainable forest management, reduce the risk of wildfires, …