The Latest Breaking News from the World Bank

The World Bank says rebuilding Syria after over a decade of civil war could cost about $216 billion

Andry Rajoelina, once a young mayor who led protests against Madagascar's government, has been ousted as president

Dams have been emblematic of the World Bank’s approach to development for many decades. From the bank’s early years in the 1960s and 1970s, large-scale infrastructure projects such as dams, power plants and transport networks were central to its strategy for economic growth and poverty reduction. This reflected a top-down…

The QAnon Shaman withdrew his support for Trump after the president refused to release the Epstein files

Seychelles’ electoral authority says the country will hold a rerun vote between the two main contenders

Three development banks, including the World Bank, have collectively invested $1 billion in 55 highly-polluting livestock projects between 2018 and 2024, new research claims

Uzbekistan has made poverty reduction a state priority, launching a nationwide programme focused on jobs, social protection, and mahalla-level action. Since 2016, 7.5mn people have escaped poverty. With €30bn invested in 2024, the country aims to eradicate absolute poverty by 2030.

COMMENT: As humanitarian need hits record levels, aid budgets are being cut and redirected, says David Miliband, the president of the International Rescue Committee. A clear strategy is needed to ensure the poorest and most fragile communities are not abandoned

Fewer than 35 years after escaping the yoke of Soviet-style central planning, Poland has become a legitimate global powerhouse.