The 2029 Annual Meetings of the World Bank Group and International Monetary Fund will take place in Abu Dhabi, United Arab Emirates, in October 2029, as decided in a vote by the Boards of Governors of ...
Guarantees to AMEA Power would support up to 23 renewable energy and battery storage projects in countries across Africa, the Middle East, and Central Asia.
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 ...
Robust support needed for people and firms, deeper reforms for jobs and growth. WASHINGTON, April 8, 2026 — Growth in the East Asia and Pacific (EAP) region is slowing in 2026 due to external shocks, ...
Private sector donations to UNICEF surpassed the $50 million threshold, triggering UNICEF to repay the World Bank well before ...
We are working with governments, the private sector, regional partners, and other stakeholders to help them through this new set of challenges.
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, according to the World Bank’s new Uganda Economic Update: ...
World Bank, IDB, Estimate Hurricane Melissa Damage to Jamaica Totals All-Time-High of US$8.8 Billion
WASHINGTON, November 19, 2025 — The World Bank, in coordination with the Inter-American Development Bank (IDB), estimate that the physical damage to Jamaica caused by Hurricane Melissa totals US$8.8 ...
In Dédougou, a small city in western Burkina Faso, Fatimata Ouarme leads Sanigna. Her small enterprise of 15 workers transforms baobab fruit pulp—prized for its tangy flavor and rich nutritional value ...
The path forward requires bold action to transformative solutions that leverage the region’s vast resources for growth and prosperity. But turning that potential into real, inclusive progress means ...
Abuja, Nigeria, October 8, 2025 - Nigeria has taken important steps toward stabilizing its economy through recent policy reforms, but more needs to be done to ensure these gains translate into better ...
The World Bank updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert ...
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