Around one-fifth of the world’s population lives in countries with high inequality. Today, high levels of income or consumption inequality are concentrated among countries in Sub-Saharan Africa and in ...

The International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) are two of the five institutions of the World Bank Group (WBG). Each institution ...

Over the last 75 years, the World Bank and Türkiye have worked together to promote prosperity for the Turkish people through investments in infrastructure, resilience, and sustainability.

A World Bank-supported health project started in 2021 to contain the COVID-19 pandemic in Ukraine rapidly pivoted to help the country’s healthcare system respond to urgent needs caused by Russia’s ...

About the Finance and Prosperity Report Finance and Prosperity is an annual World Bank report that examines financial sector developments and vulnerabilities in low- and middle-income countries. These ...

The World Bank's Prospects Group conducts in-depth analysis of key global macroeconomic developments and their impact on World Bank member countries. The Prospects Group leads the World Bank’s ...

Digitalization is a transformative force that can drive productivity-led growth and enhance the efficiency of critical ...

Slovenia has announced a 30% increase in its contribution to the World Bank's International Development Association (IDA), reinforcing its commitment to supporting the world's poorest countries. The ...

The Joint MDB Water Security Financing Report 2024 marks a milestone in collective action by ten Multilateral Development ...

The Mexico Energy Efficiency in Public Facilities (PRESEMEH) project, which was approved in 2016 and closed in 2023, promoted the efficient use of energy in Mexican municipalities and hospitals ...

Fifty-eight-year-old widow Arza Parveen wasted no time building a life of resilience and independence after her husband was injured in war. Her family was left without financial support. With a ...

World Bank assessment finds conflict and instability are taking a devastating toll on the 39 economies afflicted by them, driving up extreme poverty faster than anywhere else, intensifying acute ...