Mining-driven economic growth since 2023 has lifted Mongolia to upper-middle income status, but despite this strong growth, further diversification of the economy is...
Tag - World Bank Group
Climate action is crucial to Tajikistan’s future, but also offers the country an opportunity to rejuvenate its economy. A mountainous country with diverse...
When the Covid-19 pandemic is over, Romania, like many other EU countries, should focus on proper control of its macro-economic equilibria to relaunch economic growth...
Pushed by Covid-19, one of emerging Europe’s most cash-heavy economies is moving online. In Ukraine, the share of digital, non-cash transactions — in total volume...
The Covid-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds...
Economies across emerging Europe are bracing for a sharp fall in remittances from foreign workers, with remittances to Europe and Central Asia projected to decline by...
Work has begun on a landmark waste-to-energy project in the Serb capital Belgrade that will clean up one of Europe’s largest uncontrolled landfills and construct a new...
In an era of slowing trade and growth, developing countries can achieve better outcomes for their citizens through reforms that boost their participation in global value...
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a long-term local currency loan of 100 million Georgian lari (around 35...
The World Bank Group has opened a new shared services centre in Sofia, Bulgaria, to provide corporate and technology support to the Group’s business operations around...
The International Finance Corporation (IFC), a member of the World Bank Group, the Georgian Stock Exchange and UN Women have joined an initiative, Ring the Bell for...
Bucharest City Hall and the World Bank have signed a Reimbursable Service Agreement (RAS) – a form of technical assistance project – to support the municipality in...
The International Finance Corporation (IFC), a member of the World Bank Group, is providing a 12.5 million-euro loan to the city of Mariupol, Ukraine, to purchase 64...