The Latest Breaking News from the World Bank

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

Mozambique has won World Bank backing for a $6 billion hydroelectric plant

Hungama hai kyun barpaa thodi si jo pee li haiDaakaa to nahi maara chori to nahi ki hai– Akbar Allahabadi On August 21, Parliament slammed the brakes on online money games by passing the Promotion and Regulation of Online Gaming Bill, 2025. The government’s press release made its intent clear:…

President Daniel Chapo launches $40m fund for small businesses at 60th annual Maputo International Trade Fair.

Unpredictable weather fuelled by the climate crisis is forcing millions from their homes, with many struggling to access water

Data from the World Bank suggests that extreme poverty has declined dramatically over the past four decades, from 47% of the world’s population in 1981 to around 10% today.

As UN meets to negotiate an international treaty to curb plastic pollution, many favour carbon credit-like offsetting.

A blockbuster study published in top science journal Nature last year warned that unchecked climate change could slash global GDP by a staggering 62 percent by century's end, setting off alarm bells among financial institutions worldwide.