Cambodia’s economy is projected to grow by 4.8 percent in 2025, slowing from 6 percent in 2024, as domestic and external shocks weigh on activity. The slowdown is driven by a softening property sector, border disruptions, and new trade restrictions, which have dampened domestic demand, construction activity, labor markets, and tourism. Prudent fiscal and monetary… [Read More]
World Bank
CAR Launches Unprecedented National Initiative Against Antimicrobial Resistance
In the Central African Republic (CAR), antimicrobial resistance (AMR) is increasingly undermining the effectiveness of essential medical treatments for people and livestock. Infections that were once treatable are becoming harder to cure, posing a growing health threat across clinics and farms nationwide. In 2025, CAR took a historic step to confront this challenge by launching… [Read More]
Bulgaria Railways Upgrade: World Bank to Boost Efficiency, Governance, and Workforce Skills
The National Railway Infrastructure Company of Bulgaria and the World Bank have signed a Reimbursable Advisory Services (RAS) Agreement aimed at enhancing the financial sustainability, operational efficiency, and governance of Bulgaria’s railway infrastructure. This partnership represents a major step toward modernizing the rail sector and supporting the country’s broader economic and employment goals. Under the… [Read More]
Driving Philippine Economic Growth: Investment and Reforms Key to Job Creation
The Philippine economy experienced a slowdown in 2025 due to domestic shocks, weaker investment, and soft global demand, though a modest recovery is projected for 2026–2027, supported by resilient consumption and easing inflation, according to the World Bank’s latest Philippines Economic Update. The report emphasizes that sustaining growth in the coming years will require stronger… [Read More]
Driving Malawi’s Economic Growth: Public Finance Reforms and Strong Governance Needed
Malawi has the potential to restore confidence in its public finances, protect vulnerable populations, and attract private capital investment to support the ambitions of “Malawi Vision 2063” through a credible reform package focused on fiscal consolidation, according to a recent Public Finance Review report by the World Bank Group. The report, titled Restoring Stability, Rebuilding… [Read More]
$400 Million ADB Loan to Boost Business Environment and Competitiveness in the Philippines
The Asian Development Bank (ADB) has approved a $400 million policy-based loan to support government reforms aimed at improving the ease of doing business and positioning the Philippines as a leading investment destination in Asia and the Pacific. The Business Environment Strengthening with Technology Program (BEST) Subprogram 1 focuses on private sector development reforms that… [Read More]
Why Addressing South Africa’s Water Crisis Can Fix Energy and Food Challenges Too
South Africa is facing severe challenges across water, energy, and food sectors. Drought, overuse, and ageing infrastructure strain water supplies, while reliance on coal-fired electricity contributes to unsustainable energy production and high greenhouse gas emissions. Rising food prices have left tens of millions unable to afford sufficient nutrition, with around one in four families going… [Read More]
Moderate Economic Recovery in Myanmar Amid Natural Disasters and Ongoing Conflict
Myanmar’s economy shows moderate signs of recovery despite significant challenges, according to the latest World Bank Myanmar Economic Monitor. The country continues to grapple with the effects of the March 2025 earthquake, ongoing conflict, and long-standing structural issues. Firms operated at higher capacity in October 2025 compared to earlier months, while the kyat steadily appreciated… [Read More]
Enhancing Health Security: Gavi and World Bank Collaborate on Vaccine Manufacturing and System Resilience
Gavi, the Vaccine Alliance, and the World Bank Group have signed a new Memorandum of Understanding (MoU) to deepen their collaboration on strengthening immunization, primary healthcare, and regional vaccine manufacturing in Africa. The partnership aims to mobilize at least US$2 billion between 2026 and 2030 to support countries in fully funding their immunization and primary… [Read More]
Gates Foundation Strengthens Partnership with GFF to Accelerate Global Health Progress
On December 6, 2025, in Tokyo, the Global Financing Facility (GFF) welcomed a US$100 million pledge from the Gates Foundation to support the GFF’s new five-year strategy for 2026–2030. This funding reinforces the shared goal of ending preventable deaths among women, children, and adolescents in low- and middle-income countries and will help expand access to… [Read More]
Two Global Consortiums Chosen to Lead Civil Society Initiatives Through GFF x CIVIC Platform
The World Bank’s GFF × CIVIC Platform, a joint initiative of the Global Financing Facility (GFF) and the CIVIC: The Civil Society and Social Innovation Alliance, has selected two consortiums to lead civil society and youth engagement in health systems. Supported by a US$10 million investment over two years, the consortiums will manage subgranting and… [Read More]
GFF Launches TRANSFORM 2030 Strategy to Drive Global Health 2026–2030
Global health and finance leaders gathered in Tokyo for the 2025 Universal Health Coverage High-Level Forum as the GFF launched its new five-year strategy, TRANSFORM 2030: Transforming Health Systems, Saving Lives, which was unanimously endorsed by its two governing bodies—the Investors Group and Trust Fund Committee—during their annual meetings in Dakar, Senegal, from November 11–13…. [Read More]
Stronger Climate Adaptation Urged by World Bank to Safeguard Gabon’s Economy and Communities
The Gabon Country Climate and Development Report (CCDR), released on December 2, 2025, provides an in-depth analysis of Gabon’s growth and economic diversification prospects in the context of climate change. The report emphasizes Gabon’s status as a global environmental leader and one of the world’s most forested nations, highlighting how climate change intersects with development… [Read More]
Strengthening Health Systems: World Bank Partners with Global Fund to Expand Sustainable Health Financing
The World Bank Group and the Global Fund to Fight AIDS, Tuberculosis and Malaria have signed a Memorandum of Understanding (MoU) to help developing countries strengthen health systems and secure sustainable financing for primary healthcare and the fight against HIV, TB, and malaria. Over the next three years, the two organizations plan to mobilize at… [Read More]
World Bank Reports Advances as Countries Adopt National Health Compacts to Expand Quality Health Care
Countries and partners have reported significant progress toward the World Bank Group’s goal of delivering affordable, quality health services to 1.5 billion people by 2030, a target announced in April 2024. Building on this momentum, 15 countries have introduced National Health Compacts, which outline practical five-year reforms aimed at expanding primary health care, improving affordability,… [Read More]
Partnership Between Gavi and World Bank Aims to Boost Health System Resilience and Vaccine Manufacturing
Gavi, the Vaccine Alliance, and the World Bank Group are strengthening their partnership to enhance financing for immunization and primary healthcare systems, while promoting regional vaccine manufacturing in Africa. The two organizations plan to mobilize at least US$2 billion over the next five years through joint financing aligned with country priorities. World Bank Group President… [Read More]
World Bank Releases $500 Million to Support Philippines’ Recovery After Typhoon Kalmaegi
The World Bank has released US$500 million to aid the Philippine Government in recovery and reconstruction efforts following Typhoon Kalmaegi, locally known as “Tino,” which struck on November 4, 2025. The typhoon affected over 5 million people across more than 400 municipalities and cities, causing injuries, deaths, and extensive damage to homes, agriculture, and public… [Read More]
Jamaica Secures $6.7 Billion International Support Package to Rebuild After Hurricane Melissa
Jamaica is set to receive up to US$6.7 billion in international support over three years to drive recovery and reconstruction following the devastation caused by Hurricane Melissa. The comprehensive package, assembled at the request of Prime Minister Andrew Holness, involves the CAF – Development Bank of Latin America and the Caribbean, the Caribbean Development Bank… [Read More]
Developing Countries’ Debt Outflows Reach Half-Century Peak Amid Rising Financial Pressures
Developing countries paid out $741 billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024, marking the largest gap in at least 50 years, according to the World Bank’s latest International Debt Report. Despite these historic outflows, many nations found temporary relief in 2024 as… [Read More]
Brazil’s Northeast Poised to Drive Jobs, Growth, and Clean Energy Opportunities
Brazil’s Northeast has the potential to become a major engine of national growth, job creation, and sustainable development, according to a new World Bank report, “Routes to the Northeast: Productivity, Jobs, and Inclusion.” Home to 54 million people—80 percent of whom are of working age—the region offers one of the country’s largest and most dynamic… [Read More]
World Bank Urges Gabon to Strengthen Climate Adaptation to Protect Growth and Livelihoods
The World Bank’s Gabon Country Climate and Development Report (CCDR), released today, emphasizes the urgent need for the Central African nation to bolster climate adaptation to safeguard its economy, natural wealth, and people’s livelihoods. The report highlights Gabon’s position as a global environmental leader and one of the world’s most forested countries, while underlining its… [Read More]
Algeria Strengthens Growth Amid Climate Challenges and Economic Diversification
Algeria’s economy showed resilience in the first half of 2025, expanding by 4.1 percent, with GDP growth projected at 3.8 percent for the full year, according to the World Bank’s Fall 2025 Algeria Economic Update. Non-hydrocarbon sectors drove much of this momentum, growing 5.4 percent, while inflation eased to 1.7 percent over the first nine… [Read More]
World Bank and Korea Launch Global Digital Knowledge Hub to Power AI-Driven Transformation
The World Bank Group (WBG), in partnership with the Republic of Korea, has unveiled the Korea-WBG Global Digital Knowledge Center, a state-of-the-art hub aimed at accelerating digital transformation and harnessing Artificial Intelligence (AI) for inclusive growth and job creation. The center seeks to equip countries with the knowledge, tools, and strategies needed to thrive in… [Read More]
