The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, has launched a risk-sharing initiative to help banks, fintechs, and other financial ...

On August 15, 2025, 150 millimeters of rain fell on Buner district in a single hour. Water, boulders, and debris cascaded ...

The Government of Senegal, in partnership with the World Bank Group, today announced the launch of the AgriConnect Senegal Compact. This strategic initiative aims to transform the country's agri-food ...

Ajay Banga is the 14th President of the World Bank Group and leads the institution’s efforts to end extreme poverty and boost shared prosperity on a livable planet. Learn more about Ajay’s work.

Public Finance is a thematic area of the Governance GP. The World Bank Group works with governments to enhance the management of public resources in pursuit of growth, development, and poverty ...

The World Bank’s Poverty and Shared Prosperity series provides the latest estimates and trends in global poverty and shared prosperity. The 2022 edition provides the first comprehensive look at the ...

As differences in price levels across the world evolve, the global poverty line has to be periodically updated to reflect these changes. Since 2015, the last update, we have used $1.90 as the global ...

About The World Bank The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and ...

The World Bank and Italy today signed an agreement to advance sustainable development in Africa, complementing the country’s recent contributions to multilateral development and increasing its ...

With World Bank Group support, the Kyrgyz Republic, Tajikistan, and Uzbekistan have invested in expanding and diversifying their energy production, modernizing power grids, and electrifying remote ...

World Bank Group Launches High Level Council to Tackle Looming Jobs Crisis. Council to be co-chaired by the President of the Republic of Singapore Tharman Shanmugaratnam and former President of the ...

Sri Lanka’s recent economic performance has been strong. Despite this, the recovery remains incomplete, with growth still below pre-crisis levels and poverty significantly elevated. Strengthening the ...