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The World Bank Group mobilized more private capital in fiscal year 2026 than in any year in its history and issued a record volume of guarantees, delivering on a goal shareholders and clients have pressed for years: putting more private capital to work alongside its own financing and expertise in developing economies.

WBG President Ajay Banga announced that Nobel laureate Michael Kremer has been appointed as World Bank Group Chief Economist and Senior Vice President for Development Economics, bringing one of the world’s foremost development economists to lead the institution’s research, data, and analytical agenda.

WASHINGTON, D.C., September 9, 2026 — 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 institutions in emerging markets expand access to digital payments for consumers and small businesses.

WBG announced the appointment of Yuko Keicho as Vice President and Auditor General.

Over the next 10–15 years, over 1 billion young people in developing countries will reach working age. They deserve the income, stability, and hope that only a job can provide. Creating more and better jobs will depend not just on investing in the necessary physical and human infrastructure and the right skills, but also on ensuring businesses can grow and hire. Across countries, the reforms that matter most are often the most practical: streamlining licensing, reducing compliance costs, expanding access to finance, securing land rights, and digitalizing processes to improve transparency and speed. The right government policies that foster a business-enabling environment can unlock private investment and drive job creation at scale for today's and tomorrow's workers.

Press release regarding the launch of the World Bank World Development Report 2026: Artifical Intelligence.

How will artificial intelligence reshape the future of work—and will it create enough opportunities for the next generation?

The WBG’s work on climate is and will remain firmly client driven, supporting them in delivering on their own ambitions as set out in their national plans and Nationally Determined Contributions (NDCs).

See how Mission 300 is accelerating electricity access across Africa, connecting 50 million people and mobilizing billions for energy expansion.

The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation, and increased borrowing costs, according to the World Bank Group’s latest Global Economic Prospects report.

Unpacking AgriConnect: how do we reach 300 million farmers?

World Bank Group President Ajay Banga and Minister of Finance of Japan Satsuki Katayama today agreed to strengthen collaboration on helping developing countries build more resilient supply chains and energy systems, unlocking investment, jobs, and long-term economic growth.

Washington, May 29, 2026: The Heads of the International Energy Agency, International Monetary Fund, World Bank Group and World Trade Organization met on May 28 as part of the high-level coordination group established in April to maximize their institutions’ response to the energy, trade, and economic impacts of the war in the Middle East.

The signatory Multilateral Development Banks (MDBs) are responding to requests for support from countries and clients to help address the heterogeneous and compound impacts from the conflict in the Middle East, including disruptions to energy and fertilizer markets and trade routes, with spillover effects on inflation, food security, jobs, fiscal and external balances, and financing conditions.

New commitment will bring annual guarantee issuance on the continent to $6.4 billion, aiming to improve the lives of some 190 million people by 2030

Energy prices are projected to surge by 24% this year to their highest level since Russia’s invasion of Ukraine in 2022, as the war in the Middle East sends a severe shock through global commodity markets.

In a period of heightened global uncertainty, including the evolving situation in the Middle East, the Heads of Multilateral Development Banks (MDBs) today underscored the importance of close cooperation to support stability, safeguarding development progress, and responding to mounting pressures in their member economies.

Guided by the outcome of the International Monetary Fund’s (IMF) polling process, World Bank Group President Ajay Banga today announced that the World Bank Group is now resuming dealings with the Government of Venezuela

MDBs align on a joint framework to build resilient, responsible critical minerals value chains and scale investment for energy and economic transformation.

The following Multilateral Development Banks (MDBs) have agreed to closer collaboration on a common approach to measuring the impact of our operations on creating more and better jobs. To achieve this, we will deepen coordination and partnership across countries, MDBs, the private sector, and other stakeholders.

The World Bank Group, in partnership with multilateral development banks, development finance institutions and key partners, today launched Water Forward, a global platform to help improve water security for 1 billion people by 2030. The platform will align policy reforms, financing, and partnerships to expand reliable water services and strengthen systems against droughts and floods—essential conditions for job creation.

The 2029 Annual Meetings of the World Bank Group and International Monetary Fund will take place in Abu Dhabi, United Arab Emirates, in October 2029, as decided in a vote by the Boards of Governors of the two institutions. The last time the Annual Meetings were held in the UAE was in 2003, when they took place in Dubai.

The Heads of the International Energy Agency, IMF, and WBG met today as part of the coordination group they established in early April to maximize their institutions’ response to the energy and economic impacts of the war in the Middle East.

The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG) and the World Food Programme (WFP) met to discuss the global economic and food security impacts of the war in the Middle East.

Guarantees to AMEA Power would support up to 23 renewable energy and battery storage projects in countries across Africa, the Middle East, and Central Asia.

Les dirigeants du Fonds monétaire international (FMI), du Groupe de la Banque mondiale (GBM) et du Programme alimentaire mondial (PAM) se sont réunis pour examiner les répercussions économiques mondiales et les effets sur la sécurité alimentaire de la guerre au Moyen-Orient.

The Heads of the International Energy Agency, International Monetary Fund, and World Bank Group have agreed to form a coordination group to maximize their institutions’ response to the energy and economic impacts of the war in the Middle East.

We are working with governments, the private sector, regional partners, and other stakeholders to help them through this new set of challenges.

In-depth stories on ending extreme poverty.

What does knowledge mean in an age of AI, deepfakes, and disinformation? When information is everywhere, the real challenge is distinguishing insight from noise. In this episode of the Development Podcast, we explore how knowledge is evolving in a world where machines can generate convincing arguments and personalized realities shape how we consume information.

What are frontier markets — and why do they matter now? In this episode of Expert Answers,  Ayhan Kose, Deputy Chief Economist of the World Bank Group, explains what defines frontier markets, why growth and investment have slowed, and what policy priorities can help unlock jobs and more durable growth.

Over the next 10 to 15 years, 1.2 billion young people in developing countries will reach working age. Current projections suggest that only about 400 million jobs will be created.

IDA20 launched early amid a global crisis,  one year ahead of schedule in July 2022 following the compressed IDA19 cycle. The international community wanted to act quickly and decisively to “build back better” after the COVID-19 pandemic had left lasting damage, causing the first rise in global poverty in a generation. IDA20 became the main tool to help IDA countries respond, recover losses, and regain momentum toward the 2030 development goals.

For the first time, the latest Women, Business and the Law report assesses not only the degree of equality in laws on the books, but also the extent to which those laws are enforced. Legal experts surveyed estimated that laws that encourage full economic participation by women are only half-enforced, indicating that governments have a long way to go. Even as they make progress in establishing new equal-opportunity laws, economies on average have in place fewer than half of the policies and services needed for enforcement. Only 4% of women across the world live in economies that provide nearly full legal equality. That is keeping economies from reaching their full potential to grow and create jobs.

The World Bank today approved a $150 million in financing from the International Bank for Reconstruction and Development (IBRD) to the Republic of Gabon for the Access to Basic Services and Performance Improvement Project (PASBAP).

Strengthening Bolivia’s support for vulnerable families and modernizing social protection, making it more effective, efficient, and better prepared for future emergencies.

Two new World Bank Group reports released today underscore that South Sudan stands at a critical crossroads, where restoring public finances and taking urgent, climate-smart action are essential to reversing economic decline and placing the country on a sustainable development path. The new Public Finance Review (PFR) and Country Climate and Development Report (CCDR) warn that intensifying climate shocks, combined with weak fiscal management, is driving a dangerous cycle of fragility, conflict, displacement, and deepening poverty.

The World Bank Group today appointed Antonius (Tony) Verheijen as the World Bank Group's Resident Representative for Togo.

Nepal: World Bank Approves $95 Million to Support Sustainable and Inclusive Finance SIF , MSMEs

The World Bank’s Board of Executive Directors has approved financing to revamp India’s network of skills training institutes to better align with labor market needs and open up more job opportunities for the millions of graduates entering the workforce.

The World Bank Group has appointed Johan A. Mistiaen as the new World Bank Group Country Manager for Niger, effective today.

ZAGREB, January 28, 2026 – Marko Primorac, Deputy Prime Minister and Minister of Finance and Anna Akhalkatsi, World Bank Division Director for the European Union (EU), signed an agreement for a project aimed at strengthening Croatia’s disaster preparedness and institutional, physical, financial, and social resilience.

A new World Bank report, Waste Management in the Middle East and North Africa, shows that per capita waste production in the region is higher than the global average.

The World Bank approved yesterday US$350 million in new financing to help Lebanon meet the basic needs of the poor and vulnerable during its economic and financial recovery and improve the delivery of high-impact public services through digital transformation of the public sector. The approved investments span two new projects aimed to positively impact people’s lives by providing social protection to the poor, promoting the economic inclusion of women, youth and vulnerable groups, strengthening social protection delivery systems and accelerating the digitalization of key public services.

A program designed to advance policies that expand access to finance, drive innovation, and promote sustainable growth

The World Bank’s Board of Executive Directors approved the Botswana Health Emergency Preparedness, Response and Resilience (HEPRR) Project, which will support the strengthening of the country’s ability to withstand future pandemics, climate-related illnesses, and everyday health challenges. The project will help strengthen critical medicine supplies, accelerate detection of disease outbreaks, and make life-saving health data available in real time.

The World Bank Group (WBG) and the Qatar Fund for Development (QFFD) signed a Memorandum of Understanding during the official opening of the World Bank Group’s office in Doha, advancing strategic cooperation to deliver innovative and sustainable development solutions globally.

The World Bank Group Board of Executive Directors has endorsed a new Country Partnership Framework (CPF) for Mozambique for the period 2026 to 2031.