The World Bank Group in the news

Cameroon's World Bank Group portfolio has decreased by $1.3 billion to $3.2 billion, despite recent financing approvals, with a low overall disbursement rate of 18.7%.

The International Finance Corporation is launching a $700 million guarantee program to help banks and fintechs in emerging markets expand digital payment services.

Mastercard and the World Bank Group's IFC unit launched a $500 million global risk facility to boost financial access and digital payments in developing countries.

Women in Eastern Zambia are transforming their lives through climate-smart agriculture, leading to improved harvests, food security, and community empowerment with support from The World Bank-backed initiatives.

Mastercard and Visa are partnering with the IFC to provide $700 million in risk guarantees to expand digital payment access for small businesses in emerging markets.

The World Bank Group is holding its Global Manufacturing Conference in Cairo to discuss the future of manufacturing, including the impact of technology and job creation.

The World Bank Group is extending its Climate Change Action Plan, shifting to outcome-based reporting, and refining its approach to climate finance.

The World Bank's monthly podcast shares data and solutions for sustainable international development.

The World Bank and Türkiye have a 75-year partnership focused on economic development, education transformation, and job creation, supported by extensive data and strategic frameworks.

The World Bank is investing $35 million to improve Georgia's power and digital infrastructure and provides ongoing economic and development support.

The World Bank's FY2023-2027 partnership with Egypt focuses on sustainable, inclusive development and addresses climate and economic challenges.

Madagascar's economy is gradually recovering with uneven growth and ongoing challenges in several sectors, as detailed in World Bank reports on economic, social, and environmental issues.

The World Bank publishes detailed reports on Bosnia and Herzegovina's economic growth, climate challenges, and development policies.

The World Bank is investing $250 million in Lebanon to support urgent reconstruction of critical infrastructure and is monitoring the country's fragile economic recovery post-conflict.

Developing countries are experiencing unprecedented debt burdens, with rising costs and human impacts, while the World Bank provides critical financial support.

Low- and middle-income countries are experiencing record external debt outflows despite easing inflation and interest rates, with increased debt restructuring and shifts toward bond and multilateral financing.

Emerging countries' debt payments and external debt have surged to record levels, with interest rates at a 50-year high, according to the World Bank.

Developing countries face a historic debt repayment shortfall and record interest costs, prompting the World Bank to urge fiscal caution.

Developing countries face record debt servicing costs and financing gaps, with rising domestic debt and debt distress despite easing global financial conditions.

Bangladesh's poverty reduction progress has slowed and become less inclusive, with rising inequality, stalled job creation, and social assistance gaps worsening vulnerability.