Finance & Economics

Productivity Reforms Can Boost Growth and Living Standards for Croatia
World Bank Approves Funding to Support Financial Sector Resiliency and Strengthen Recovery in the Philippines

The World Bank’s Board of Executive Directors approved financing to support the Philippine government’s efforts to boost the resiliency and sustainability of its financial sector and strengthen economic recovery from the COVID-19 pandemic.

Boris Johnson Says Putin Threatened Missile Strike in Call

In a new BBC documentary, former British Prime Minister Boris Johnson says Russian President Vladimir Putin threatened Britain with a missile strike. Johnson says the conversation took place during a phone call in the run up to Moscow’s invasion of...

Uncertainty weighs on Myanmar’s economy

Myanmar’s economy remains subject to significant uncertainty, with ongoing conflict disrupting business operations, a World Bank report released says, on January 30.

While some firms are showing signs of resilience, household incomes remain...

World Bank Report: Blue Economy Offers Opportunities for Sustainable Growth in Tunisia

With support from the World Bank, in June 2022, Tunisia launched its first report on the status of the blue economy. The report, titled in French “L’économie bleue en Tunisie: Opportunité pour un développement intégré et durable de la mer et des zones...

Jordan: Acceleration of Investment-Enabling Reforms Needed for Resilient Recovery and Inclusive Job Creation

Despite a challenging global and domestic environment, Jordan’s growth during the first half of 2022 accelerated to 2.7 percent, propelled by a strong recovery of tourism, the full reopening of the economy, and improving exports. Yet, the rebound in...

New World Bank Financing Aims to Strengthen Indonesia's Tuberculosis Response Program

On December 19, 2022, the World Bank's Board of Executive Directors has approved a $300 million loan to the Indonesian government on December 19, 2022, to improve coverage, quality and efficiency of tuberculosis (TB) response in Indonesia.

Tajikistan to Enhance Sustainable and Resilient Economic Growth with World Bank Support

The World Bank’s Board of Executive Directors approved today $50 million in grant financing from the International Development Association for the Tajikistan Development Policy Operation (DPO). The DPO will support Tajikistan’s reform program, aimed...

World Bank Approves US$100 Million for Barbados’ Green and Resilient Recovery

The World Bank approved US$100 million in financing to support Barbados’ low carbon economic development and resilience to climate change, on January 10.

Impressive Demand for World Bank’s EUR 3 Billion 10-Year Sustainable Development Bond

The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced its first Euro-denominated benchmark of 2023, a EUR 3 billion 10-year Sustainable Development Bond maturing in January 2033. IBRD’s Euro benchmark transaction...