MANILA, Dec 4 (Reuters) - The Asian Development Bank and the World Bank on Thursday launched two Pacific islands projects under a first-of-its-kind cofinancing model that aims to streamline processes ...

World Bank Group President Ajay Banga and Asian Development Bank (ADB) President Masato Kanda today announced the first two Pacific projects to be delivered under the Full Mutual Reliance Framework, ...

Learn how international competitive bidding ensures fair competition for World Bank projects and how borrowers can secure funding with this transparent process.

The State Budget of Ukraine has received more than USD 125 million in concessional financing for World Bank projects to ...

The Full Mutual Reliance Framework (FMRF) is a landmark collaboration between the World Bank and the Asian Development Bank, designed to deepen the two institutions’ collaboration on cofinanced public ...

Washington, Nov. 25, 2025—The World Bank Board of Executive Directors today approved two projects in India that will benefit more than 6 million people by using innovative digital solutions to improve ...

The World Bank has approved funding for the Uttar Pradesh and Haryana Clean Air projects, aiming to improve air quality for ...

The World Bank on Thursday projected that poverty in Nigeria will increase by 3.6 percentage points over the next five years, rising through 2027. This was contained in the Bank’s Africa’s Pulse ...

The World Bank has long sought to help reduce inequalities between women and men in the transport sector. Since 2017, the institution has further intensified its efforts to help address the challenges ...

The World Bank has sanctioned $299.66 million and $300 million respectively to finance two projects aimed at improving the ...

The World Bank has approved $400 million to help Punjab expand access to clean water, sanitation, and basic hygiene services, ...

Between 2020 and 2023, Türkiye’s micro, small, and medium enterprises (MSMEs) faced severe shocks from the COVID-19 pandemic and the catastrophic February 2023 earthquakes. World Bank-supported ...