An updated joint Rapid Damage and Needs Assessment estimates that as of 31 December 2024, the total cost of reconstruction and recovery in Ukraine is $524 billion over the next decade.

Reconstruction and recovery needs in Gaza are estimated to require $53 billion, according to the Gaza & West Bank Interim ...

In the serene village of Kalmadu Nagar, nestled in the Kilinochchi district of Northern Sri Lanka, the Kalmadu Kulam ...

MDBs called for stronger collaboration among national governments, private partners, and the international donor community to bridge the funding gap and advance road safety initiatives worldwide.

Panama has experienced remarkable economic growth in recent decades, which has led to a significant reduction in poverty. However, the country remains one of the most unequal in the world. For example ...

Quality basic education is critical to fostering inclusive growth in South Africa, requiring key needs such as infrastructure reforms, efficient public spending, and the strengthening of human capital ...

ACCRA, February 12, 2025 - The World Bank Group’s latest Public Finance Review report, titled “Building the Foundations for a Resilient and Equitable Fiscal Policy,” highlights that Ghana's impressive ...

Dili, February 13, 2025 – High government spending as a share of gross domestic product (GDP) in Timor-Leste and modest returns on investment from its Petroleum Fund could impact the country’s ...

Kinnon Scott, World Bank Resident Representative in Honduras, and Christian Duarte, Secretary of State in the Office of Finance of Honduras, sign the official document of the First Fiscal and Climate ...

The World Bank has supported the construction of two solar parks with a total capacity of 48 megawatt peak (MWp): 25 MWp with a 30 megawatt-hour (MWh) battery energy storage system (BESS) in the ...

PANAMA CITY, February 13th, 2025 – A new World Bank report titled “Panama: From Growth to Prosperity” finds that the quality of jobs and human capital is hampering progress in reducing poverty and ...

The World Bank Zambia Electricity Service Access Project has supported the country to improve electrification in rural areas by connecting more households and entrepreneurs to the grid through ...