WORLDBANK

Cyclone Ditwah, which struck Sri Lanka in late November, has caused an estimated US$4.1 billion in direct physical damage to buildings and contents, agriculture and critical infrastructure, according to a …

The World Bank’s board today approved the US140.76 million Thailand Resilient Transport and Irrawaddy Dolphin Conservation Project (TRIP) that will support Thailand’s efforts to build flood- and storm-resilient transport links and boost …

The World Bank Board of Directors has approved the first phase of the Brazil Electromobility Multiphase Programmatic Approach (MPA), to help cities modernize their public transport systems, improve service quality, and …

The World Bank Group’s Board of Executive Directors today approved a project aimed at strengthening Croatia’s disaster preparedness and institutional, physical, financial and social resilience. The €100 million Disaster Preparedness …

The World Bank’s Board of Executive Directors today approved $250 million in financing for the Armenia Housing Response and Mortgage Market Enhancement Project to improve access to affordable housing for …

Uganda’s economic growth remains strong, with real gross domestic product (GDP) rising to 6.3% in FY2024/2025, up from 6.1% the previous year. A new World Bank report attributes this performance …

Countries and partners today reported continued progress toward the World Bank Group’s goal—set in April 2024—to help deliver affordable, quality health services to 1.5 billion people by 2030. Building on …

A proliferating set of international standards—covering everything from food labeling to the specifications of 5G cellular networks—is steadily reshaping the global economic order, delivering hefty benefits to the wealthy nations …

Bangladesh is host to the largest delta in the world. Although the Bangladesh Delta presents many advantages, it also poses a several developmental challenges. Owing to the deltaic formation of …