The Latest Breaking News from World Bank

The World Bank's executive board has approved $300 million in new funds for Afghanistan, which it will deploy outside the control of the Taliban authorities, the development lender confirmed Thursday.

The World Bank estimates that Ukraine will require 6 billion to recover and rebuild after almost two years of ongoing conflict and war.

Learn about the World Bank's new initiative to alleviate the financial burden of countries during disasters by offering access to emergency funds from exis...

Even though trade data and the recovery remain uneven, the Chinese economy exceeded the government’s set target of 5% for 2023. Moreover, several experts remain upbeat about the nation’s economic outlook for 2024 and beyond. Thus, quality China stocks Sohu.com (SOHU), Youdao (DAO), and Autohome (ATHM) could be smart investments…

Tamil Nadu executed three World Bank-funded projects, mainly in Chennai, between 1977 and 1988, through which plots were sold to those residing in slums on a hire-purchase basis. The beneficiaries were to pay a monthly instalment for about 10 years to get ownership of the land. Four decades later, around 85,000…

Tamil Nadu Coastal Restoration Mission aims to strengthen coastal biodiversity, sustainable tourism, and reduce plastic waste with World Bank support.

The Cabinet on Wednesday cleared the Kerala Climate Resilient Agri-Value Chain Modernisation (KERA) Project aimed at modernising the State’s food and nutritional security. The World Bank-aided project has an outlay of $285 million. It places emphasis on the increased participation of small farmers and micro, small and medium enterprises (MSME)…

The World Bank predicts global growth to decelerate for the third year in a row in 2024, signaling potential challenges ahead. Stay informed!

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024