The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, a new World Bank analysis shows. Home to more than 40 percent of people ...

The World Bank Group and partner governments have mobilized a record replenishment to the International Development ...

Today, we are proud to announce the results of that effort. After months of negotiation, partnership, and unwavering ...

ABIDJAN, December 5, 2024 – With support from the World Bank Group, Côte d’Ivoire will complete a debt-for-development swap, a transaction designed to improve the country’s debt profile and generate ...

Côte d'Ivoire's breaking new ground with an innovative debt-for-development swap, becoming the first country to use the new World Bank and IMF debt swap framework to channel debt savings into ...

The International Development Association (IDA) is the part of the World Bank that helps the world’s low-income countries. IDA's grants and low-interest loans help countries invest in their futures, ...

Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest International Debt Report shows.

WASHINGTON, December 5, 2024 – The World Bank Board today approved $250 million in financing to improve readiness for and handling of public health emergencies in Türkiye. The Türkiye Preparedness for ...

The debt swap—the first of its kind supported by the World Bank Group—will help Côte d’Ivoire reduce costly debt, freeing up resources for the country to invest in schools.

The United Kingdom has announced a 40% increase in its contribution to the World Bank’s International Development Association (IDA)—from 1.414 billion GBP in IDA20 and to GBP 1.98 billion GBP in IDA21 ...