Engaging the community on sustainable water and sanitation in Kot Momin, Punjab, Pakistan. Photo: World Bank GroupWater underpins good health, food production, and the energy that powers businesses. It also supports an estimated 1.7 billion jobs worldwide. Yet the world is massively off-track on Sustainable Development Goal 6, which aims to ensure clean wa...
Sierra Leone is one of the world’s youngest countries – half the population is under 19. It’s also one of the world’s least developed countries.To create more opportunities for young people, the Ready Salone project at ITC trained young entrepreneurs and start-ups so they can earn better incomes through the digital economy.Since launching in 2024, Read...
Across the world, heat, drought and land degradation are becoming harder to ignore. Wildfires are destroying landscapes and livelihoods, rivers and reservoirs are shrinking, and water scarcity is putting pressure on communities, businesses and energy systems. In some regions, low river levels are already restricting shipping and pushing cargo onto more exp...
The rise of AI has driven a blistering rally in the tech sector, bringing stock market valuations to levels last seen during the dot-com bubble. Although AI is reshaping the economy, do today’s high valuations bear the risk of an abrupt and painful setback in the euro area?Valuations on the US stock market, as measured by the CAPE ratio, are currently clo...
On August 12, 2026, the New Development Bank (NDB), founded by the BRICS countries in 2015, together with the Ministry of Finance, Government of India, convened a seminar on “The Role of the New Development Bank in Mobilising Private Capital in Member Countries.”Held on the sidelines of the first BRICS Finance Ministers and Central Bank Governors (FMCBG)...
Rescue workers search through the rubble after an earthquake in La Guaira, Venezuela. In the hours after a disaster, reliable information is critical to inform the response.AP Photo/Pedro MatteyOn 24 June 2026, a severe seismic doublet struck Venezuela. In the first hours after a major earthquake, the hardest thing to find is not machinery, funding or will...
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subje...
JAKARTA, 11 August 2026 – ASEAN and Denmark held the First ASEAN-Denmark Joint Sectoral Cooperation Committee (AD-JSCC) Meeting today at the ASEAN Headquarters/ASEAN Secretariat. This is the first formal meeting between both sides since Denmark was conferred the status of ASEAN Sectoral Dialogue Partner by the ASEAN Foreign Ministers in January this year....
Cairo, Egypt, 4 August 2026 – The United Nations Industrial Development Organization (UNIDO), with funding from the Government of Japan and in cooperation with Egypt’s Ministry of Local Development and Environment, provided specialized laboratory equipment to the General Organization for Export and Import Control (GOEIC), strengthening national capacity ...
Community-led program will improve access to health, education, essential services and job opportunities.PORT MORESBY, August 10, 2026 — The World Bank Group has approved the US$100 million Rural Service Delivery Project Phase 2 (RSDP-2), which will help improve access to basic services and strengthen local planning and decision-making in rural communitie...
