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SM25 jobs event
SM25 jobs event

World Bank Spring Meetings 2025: Jobs – The Path to Prosperity

With 1.2 billion young people in emerging economies reaching working age over the next decade—and only about 420 million jobs expected to be generated—the urgency of finding scalable and sustainable solutions has never been greater.

OMBC

Online Media Briefing Center (OMBC) news for accredited journalists

Highlights

Ajay Banga headshot
Apr 17, 2025

World Bank Group President Ajay Banga addressed the press and took questions from journalists ahead of the 2025 Spring Meetings.

People working on computers in tech center
Mar 18, 2025

Around the world, the digital divide remains a pressing challenge, with 2.6 billion people still offline and many more lacking reliable, affordable connectivity and the skills needed to participate in an increasingly digital world.

Mission 300 cover
Jan 28, 2025

The Dar es Salaam Energy Declaration, endorsed at the Mission 300 Africa Energy Summit, represents a key milestone in addressing the energy gap in Africa, where more than 600 million people currently live without electricity.

 GEP Jan 2025 image
Jan 16, 2025

Developing economies—which fuel 60 percent of global growth—are projected to finish the first quarter of the 21st century with the weakest long-term growth outlook since 2000, according to the World Bank’s latest Global Economic Prospects report.

Food Security Update
Mar 17, 2025

Domestic food price inflation remains high in many low-income countries. Information from the latest month between November 2024 and February 2025 for which food price inflation data are available shows that inflation higher than 5% is experienced in 78.9% of low-income countries (5.2 percentage points higher since the last update on February 14, 2025), 50% of lower-middle-income countries (2.2 percentage points lower), 34% of upper-middle-income countries (2.0 percentage points lower), and 10.9% of high-income countries (4.8 percentage points lower).

Cabo Verde: Road for safety, development, and tourism
Feb 18, 2025

Road safety financing faces a critical shortfall, hindering progress toward halving global road traffic fatalities and injuries by 2030. Each year, road crashes claim an estimated 1.19 million lives, leave countless others with permanent disabilities, and impose significant economic costs.

The World Bank
Dec 19, 2024

Interested countries, Regional Entities, and Implementing Entities will be able to submit proposals through an online portal starting in March 2025. The third Call will be launched in two phases—the first phase will be open to single and multi-country proposals in March 2025; the second phase will open in June 2025 to Regional Entity proposals.

IDA Replenishment News
Dec 05, 2024

Alongside this record-breaking financing, the World Bank is introducing a simpler, faster, and more agile IDA, reducing policy commitments and metrics by half, giving clients more freedom to prioritize and shape their development.