The Latest Breaking News from the World Bank

The Israel-Hamas war in Gaza is having a severe impact on the Palestinian economy, according to the World Bank, which now estimates sharp economic contraction this year and next.

The World Bank says Myanmar’s economy is forecast to grow only 1% in the fiscal year that ends in March

The influence of fossil fuels was a focal point Monday at the United Nations annual climate conference known as COP28

Calls grow for independent inquiry after the bank’s internal watchdog found 21 cases of child sexual abuse by teaching staff

Within a few years of independence, African governments asserted sovereignty over their metal and mineral resources. Prior to this, the resources were exploited by European mining corporations. Since the 1990s, transnational corporations have once again become the dominant force as owners and managers of major mining projects.

Many women are fighting prejudice to take up better-paid work to make ends meet, from driving a taxi or rickshaw to barbering

The paper titled “Progress on Sanitation in Rural India: Reconciling Diverse Evidence”, was published in September this year.

In ensuring climate justice, the loss and damage fund’s contents need to be easily accessible to those who need it most without bureaucratic hurdles, and in sufficient quantities

The World Bank will "operate" an ambitious new climate change fund, but donors and recipients will likely control how the money is actually spent, the head of the development lender said Friday.