WASHINGTON, December 22, 2025 - The World Bank Group’s Board of Executive Directors today approved a project aimed at strengthening Croatia’s disaster preparedness and institutional, physical, financial and social resilience. The €100 million Disaster Preparedness and Resilience Development Policy Loan with a Catastrophe Deferred Drawdown Opti...
At the Partnership and Investment Day of UNIDO’s 21st General Conference and Global Industry Summit, a high-level side event underscored the central role of industrial recovery in rebuilding economies affected by conflict and crisis. The event brought together Member States and funding partners to mobilize investments while underlining how restarting indu...
The Ministers of Foreign Affairs of ASEAN convened a Special Meeting to address the current situation between Cambodia and Thailand in Kuala Lumpur on 22 December 2025, pursuant to the decision of the Prime Ministers of Malaysia, Cambodia and Thailand on 11 December 2025.Malaysia briefed the Meeting on the efforts undertaken by Prime Minister Anwar Ibrahim...
Secretary-General of ASEAN, Dr. Kao Kim Hourn, today met with The Hon. Dato’ Seri Utama Haji Mohamad bin Haji Hasan, Minister of Foreign Affairs of Malaysia and Chair of the ASEAN Foreign Ministers’ Meeting (AMM) 2025, on the sidelines of the Special ASEAN Foreign Ministers’ Meeting on the current situation between Cambodia and Thailand, in Kuala Lumpur...
To translate AI into real business value, it’s crucial that entrepreneurs in developing countries get the support they need in terms of skills, finance and enabling ecosystems.Default image copyright and description© Shutterstock/Amorn Suriyan | Engineers work to combine programmable logic controllers and artificial intelligence for industrial autom...
In this article, we draw on rich micro-level data from the ECB’s Consumer Expectations Survey (CES), covering the 11 largest euro area countries. Our findings suggest that many consumers would be open to using central bank money in digital form – a digital equivalent of cash. Under normal conditions, this digital equivalent of cash would primarily be use...
At the invitation of The Honourable Dato’ Seri Utama Haji Mohamad Bin Haji Hasan, Chair of ASEAN Foreign Ministers’ Meeting 2025 and Minister of Foreign Affairs of Malaysia, Secretary-General of ASEAN, Dr. Kao Kim Hourn, will participate in the Special ASEAN Foreign Ministers’ Meeting (SAMM) on the Current Situation between Cambodia and Thailand, to be ...
WASHINGTON, December 19, 2025—The World Bank Board of Executive Directors today approved a $50 million project to support Sri Lanka’s digital transformation. The project will promote innovation and investment in Sri Lanka’s digital sector, modernize government services, and make them easier to access and more responsive to the needs of people and busine...
The IMF Executive Board completed the fourth review of the 48-month arrangement under the Extended Fund Facility (EFF) for Ecuador, allowing for an immediate disbursement of about US$630 million (SDR 438.4 million).Program performance continues to be strong. The authorities met all end-October 2025 quantitative performance criteria. They have also made sub...
Participants: Evan PapageorgiouMission Chief for Sri Lanka Martha Tesfaye Woldemichael,Resident Representative for Sri Lanka Moderator:Randa ElnagarSenior Communications Officer TRANSCRIPTMS ELNAGAR:: Good evening, everyone who is joining us from Sri Lanka and Asia and good afternoon to those joining us here in DC. This is the press bri...
