-
North Macedonia’s New Care Economy: Changing Lives, Creating Jobs
“I can’t imagine life without her, she brings me such joy,” says Roza Mihajloska, affectionately speaking about her caregiver, Cvetanka Risteska. For Roza, Cvetanka is much more than a caregiver--she is...
Date: April 10, 2025 Type: Feature Story Language: English
-
Enhancing Employment and Skills for Croatia’s Growth
ZAGREB, April 8, 2025 – Croatia is facing significant labor market challenges caused by a shrinking and aging population and fast technological advances. Over the last decade, the country has lost close...
Date: April 08, 2025 Type: Press Release Language: English
-
World Bank to Provide $500 Million to Create Jobs and Support Businesses in Earthquake-Hit Areas in Türkiye
WASHINGTON, April 1, 2025—The World Bank Board has approved $500 million in funding to create inclusive jobs and revitalize the economy in areas that were devastated by the February 2023 earthquakes in...
Date: April 01, 2025 Type: Press Release Language: English
-
Secure Property Rights in the Western Balkans Help Grow Businesses and Create Jobs
Dženana Hodžić is the director of AP Atelier, a furniture company based in Tešanj, Bosnia and Herzegovina. The company specializes in office and commercial chairs and other furniture. Established as a...
Date: March 27, 2025 Type: Feature Story Language: English
-
New Partnership Supported by the World Bank to Help Shape the Future of Kazakhstan's Carbon Market
ASTANA, March 27, 2025 – Today, the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan, in collaboration with Zhasyl Damu JSC, and with the support of the World Bank, launched the...
Date: March 27, 2025 Type: Press Release Language: English
-
Azerbaijan to Strengthen Energy Security and Diversify its Energy Mix
BAKU, March 27, 2025—The World Bank today approved the Azerbaijan Scaling-Up Renewable Energy Project (AZURE), an initiative that will strengthen Azerbaijan’s power transmission network, enable the country...
Date: March 27, 2025 Type: Press Release Language: English
-
World Bank Approves Additional Financing to Boost Economic Growth in Kyrgyz Republic’s Osh Region
BISHKEK, March 26, 2025—The World Bank has approved an additional financing of $8.5 million to complement the ongoing Regional Economic Development Project for the Kyrgyz Republic. This...
Date: March 26, 2025 Type: Press Release Language: English
-
Learning and School Reforms Continue in Ukraine Despite War Challenges
13-year-old Uliana is completing geometry homework before catching the afternoon school bus to Lyceum #1, which was running late due to an air raid siren. Uliana lives with her mother, younger brother...
Date: March 25, 2025 Type: Feature Story Language: English
-
World Bank Provides Additional Financing to Improve Primary Health Care Quality in the Kyrgyz Republic
BISHKEK, March 24, 2025—The World Bank has approved an additional financing of $11.45 million to support the Kyrgyz Republic’s efforts to improve the quality of primary health care services across the...
Date: March 24, 2025 Type: Press Release Language: English
-
World Bank Extends Additional Funding to Türkiye for Construction of Rural Homes in Earthquake-Hit Areas
ANKARA, March 18, 2025 – The World Bank will provide additional financing worth €200 million ($207.5 million) in continuation of its support to build rural homes in areas that were devastated by the February...
Date: March 18, 2025 Type: Press Release Language: English
-
Europe and Central Asia: Reach High Income via Robust Technology Adoption, Innovation, Better Education, and Improved Energy Efficiency
WASHINGTON, March 12, 2025—To achieve high-income status, middle-income countries in the Europe and Central Asia region must prioritize reforms that will foster the infusion of capital, knowledge, and...
Date: March 12, 2025 Type: Press Release Language: English
-
World Bank Approves Additional Support to Advance Albania’s Public Service Transformation
WASHINGTON, DC, March 10, 2025 –The World Bank Group’s Board of Executive Directors has approved an additional financing of $80 million to support Albania’s ambitious public sector modernization and digital...
Date: March 10, 2025 Type: Press Release Language: English
-
Greater Heights: Growing to High Income in Europe and Central Asia
Office of the Chief Economist, Europe and Central Asia World Development Report 2024: The Middle-Income Trap
Date: March 10, 2025 Type: Publication Language: English
-
World Bank Group in Vienna
The World Bank Group (WBG) office in Vienna supports countries and companies in Europe and Central Asia by providing expertise, knowledge, and lending to address their most pressing development challenges...
Date: March 07, 2025 Type: Brief Language: English
-
World Bank Approves $160 Million Loan to Support Reforms in Serbia
Washington, March 6, 2025 – The World Bank Board of Directors approved today the Second Green Transition Programmatic Development Policy Loan (DPL), providing EUR 153.7 million ($160 million equivalent)...
Date: March 06, 2025 Type: Press Release Language: English
-
Empowering Women Tech Entrepreneurs in Georgia Unleashes Innovation
Women in Georgia’s tech sector must navigate the same obstacles as their male counterparts in launching a startup—but on top of that, they also have to contend with another set of mutually reinforcing...
Date: March 03, 2025 Type: Feature Story Language: English
-
Hugh Riddell Announced as World Bank Group Country Manager for the Kyrgyz Republic
Bishkek, March 3, 2025 – Effective today, Hugh Riddell becomes the World Bank Group Country Manager for the Kyrgyz Republic, a position that will unify country-level leadership across the institution to...
Date: March 03, 2025 Type: Press Release Language: English
-
World Bank’s BARTA 2025 Winners Honored for Excellence in Corporate Reporting and Transparency
TBILISI, February 28, 2025—The World Bank today recognized companies for outstanding corporate reporting and transparency as part of the 6th “Best Annual Report and Transparency Award” (BARTA) ceremony...
Date: February 28, 2025 Type: Press Release Language: English
-
Updated Ukraine Recovery and Reconstruction Needs Assessment Released
KYIV, Ukraine, Feb. 25, 2025—Three years into Russia’s invasion of Ukraine, an updated joint Rapid Damage and Needs Assessment (RDNA4) released today by the Government of Ukraine, the World Bank Group...
Date: February 25, 2025 Type: Press Release Language: English
-
World Bank Approves $120 Million Loan to Support Reforms in Albania
WASHINGTON, February 12, 2025—The World Bank Group’s Board of Executive Directors has approved a $120 million Second Resilience and Green Development Policy Loan (DPL) to support Albania’s efforts in strengthening...
Date: February 12, 2025 Type: Press Release Language: English