News

The World Bank is reconsidering its ban on financing upstream projects amid a push to bolster the power sector.
The World Bank and the United Nations nuclear watchdog on Thursday launched a new agreement to cooperate on the safe development and financing of nuclear power for developing countries, including ...
The goal of ending extreme poverty around the globe remains elusive partly due to compounding challenges faced by economies in fragile and conflict-affected situations (FCS) including food ...
Cheema reaffirmed Pakistan’s commitment to working closely with the World Bank country team to achieve the CPF’s ambitious development objectives and transformational impacts.
The World Bank has approved $146 million for the recovery of Syria's electricity sector. "The Syria Electricity Emergency Project (SEEP) will rehabilitate damaged transmission lines and ...
Under the memorandum of understanding signed today, the IAEA will work with the World Bank Group in three key areas: Build knowledge related to the nuclear field: Expand the World Bank Group’s ...
Extreme poverty is rising fast in economies hit by conflict and instability, according to the World Bank's first comprehensive report on FCS economies since the COVID-19 pandemic.
IFC and World Bank approve $700 million loan for Pakistan's Reko Diq mining project, boosting country's resource development sector.
The minister appreciated World Bank’s support, particularly during critical challenges, including the Covid-19 pandemic and devastating 2022 floods.
Extreme poverty is surging in Nigeria and other conflict-ridden nations, warns the World Bank. Conflict, instability, and economic downturn fuel the crisis, pushing millions into poverty.