The Kingdom of Bhutan is considered a development success story, with decreasing poverty and improvements in human development indicators. The Bank's engagement in Bhutan is aimed at supporting the ...

Economies do better at enacting regulations to improve the national business climate than they do in providing the public ...

The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the World Health Organization (WHO) have agreed on broad principles for cooperation on pandemic preparedness.

Since China began to open up and reform its economy in 1978, GDP growth has averaged over 9 percent a year, and more than 800 million people have lifted themselves out of poverty. There have also been ...

What does the world need to do to become “Business Ready”? A healthy business environment and strong private sector are foundations of economic growth: generating jobs, boosting investment and ...

Poverty has increased slightly amid recent shocks, despite some economic stabilization. Pakistan made significant progress towards reducing poverty between 2001 and 2018 with the expansion of off-farm ...

The World Bank Group's Environment Strategy 2012-2022 lays out an ambitious agenda to support "green, clean, resilient" paths for developing countries, as they pursue poverty reduction and development ...

2017 is the 70th anniversary of the signing of the World Bank’s first loan – a Reconstruction Loan to France in 1947. To mark the occasion, the World Bank Group Archives has publicly released records ...

With a Gross Domestic Product (GDP) of approximately US$640 billion, Argentina is one of the largest economies in Latin America. Argentina has vast natural resources in energy and agriculture. Within ...

The Integrity Vice Presidency (INT) is an independent unit within the World Bank that investigates and pursues sanctions related to allegations of fraud and corruption in World Bank-financed projects.

Energy supply has stabilized in 2024, with no rotational loadshedding (planned power cuts) since late March 2024. Prior to this, electricity supply shortages had constrained South Africa’s growth for ...

Madagascar is the world’s fifth-largest island, situated in the Indian Ocean off the coast of southern Africa. The country is endowed with considerable natural resources and unparalleled biodiversity.