The World Bank approved a $846 million IBRD guarantee to mobilize $1.41 billion in long-term commercial financing for a major rail connectivity project along Kazakhstan’s section of Trans-Caspian ...
External debt of developing countries jumped 5.5% to a record $9.4 trillion in 2025, the fastest pace since 2021 and about four times the 2022–24 average, according to the World Bank Group’s ...
About The World Bank The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and ...
– Rwanda's real GDP grew by 8.9% in 2024, surpassing the previous year's growth rate of 8.2%. The latest edition of the Rwanda Economic Update (REU), launched today by the World Bank, highlights that ...
A number of the World Bank Group’s clients in emerging markets have reached out to us as the conflict in the Middle East has started to impact commodity prices and logistics. We are working with ...
The HIPC and related Multilateral Debt Relief Initiative (MDRI) programs have relieved 37 participating countries of more than $100 billion in debt. To date, 37 countries — 31 of them in Africa — have ...
About The World Bank The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and ...
The war in Ukraine has dealt a major setback to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices unusually high through the end of 2024, ...
MANILA, December 9, 2025 – The Philippine economy slowed in 2025 as domestic shocks, weaker investment, and soft global demand weighed on growth. However, a modest recovery is expected in 2026–2027, ...
DHAKA, April 23, 2025—Amid increasing uncertainty in the global economy, South Asia’s growth prospects have weakened, including for Bangladesh. A significant decrease in export growth and low ...
A new World Bank Group study examines the unique economic challenge of South Africa’s townships with a special focus on Diepsloot, using innovative approaches and data from new surveys especially ...
WASHINGTON, March 26, 2024 — The World Bank today released the following statement on Zambia: “The World Bank welcomes the agreement between the Government of the Republic of Zambia and bondholders on ...
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