Washington, 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
PAKISTAN: Strengthening Fiscal Federalism to Drive Development
by NNW Bureauby NNW BureauISLAMABAD, July 01, 2026 – Strengthening how public resources are shared across Pakistan’s three tiers of government- federal, provincial and local – is essential to sustaining macroeconomic stability, improving public services, …
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Economy & Development
World Bank Backs Sri Lanka’s Reform Agenda with US$150 Million to Drive Growth and Resilience
by NNW Bureauby NNW BureauWASHINGTON, 1 July 2026 —The World Bank’s Board of Executive Directors approved US$150 million in financing to support Sri Lanka’s reform agenda aimed at boosting investment, strengthening competitiveness, and creating jobs. The …
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Economy & Development
Papua New Guinea’s Economy Grows, but Jobs Gap Remains
by NNW Bureauby NNW BureauPort Moresby, July 2, 2026 — Papua New Guinea’s economy is growing strongly but is not yet creating enough quality jobs for its fast-growing population, according to a new World Bank Economic …
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Economy & Development
MENA Cities Can Become Powerful Engines of Jobs and Growth
by NNW Bureauby NNW BureauWASHINGTON, June 30, 2026 — Cities across the Middle East and North Africa can play a much stronger role in creating more jobs and higher quality jobs if urban policies are …
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Economy & Development
Burkina Faso: World Bank Calls for Economic Resilience to Become a Sustainable Drive of Jobs and Opportunity
by NNW Bureauby NNW BureauOuagadougou, June 30, 2026 – Against a backdrop of persistent security challenges, Burkina Faso’s economy showed resilience in 2025, with real GDP growth estimated at 5.3%, up from 4.8% in 2024. Real …
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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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Economy & Development
New World Bank Group Support Will Help Mobilize Investment for Ukraine’s Recovery
by NNW Bureauby NNW BureauGdańsk, June 29, 2026—At the 2026 Ukraine Recovery Conference (URC), the World Bank Group announced new financing, partnerships, and risk-sharing initiatives that will help mobilize billions in public and private …
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A woman weighing onions on a hand scale. A tailor working from a single sewing machine in a converted room. A mobile tea seller set up where the foot traffic …
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Economy & Development
World Bank Helps Bangladesh Strengthen Its Banking Sector
by NNW Bureauby NNW BureauWASHINGTON, June 24, 2026 — The World Bank Board of Executive Directors has approved $450 million in financing to help Bangladesh strengthen the foundations for a stronger banking sector, a prerequisite …