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World Bank Provides Additional Financing to Support Earthquake Recovery and Resilient Housing in Turkiye

Turkey, July 1 -- The World Bank approved a €250 million additional loan to the Republic of Turkiye to scale up recovery and reconstruction efforts following the February 2023 earthquakes, focus... Read More


World Bank Backs Sri Lanka's Reform Agenda with US$150 Million to Drive Growth and Resilience

Sri Lanka, July 1 -- The World Bank's Board of Executive Directors approved US$150 million in financing to support Sri Lanka's reform agenda aimed at boosting investment, strengthening competitiveness... Read More


World Bank Group and Morocco Partner to Unlock the Power of Next-Generation Hydropower

Morocco, July 1 -- The World Bank Board of Directors today approved $265 million to support the Ifahsa Pumped Hydropower Storage Project in Morocco, a major clean energy infrastructure investment in n... Read More


Tajikistan Invests in Water Conservation and Energy Efficiency with World Bank Support

Tajikistan, July 1 -- The World Bank's Board of Executive Directors approved a major project to modernize Tajikistan's water and irrigation systems and support ongoing reforms, bringing improved irrig... Read More


Tajikistan Accelerates Economic Reforms with World Bank Support

Tajikistan, July 1 -- The World Bank's Board of Executive Directors approved a $100?million grant from the International Development Association (IDA) to support foundational economic reforms, includi... Read More


Ariel Yepez appointed World Bank Director for Bolivia, Chile, Colombia, Ecuador, Peru, and Venezuela

United States, July 1 -- The World Bank announced the appointment of Ariel Yepez as Director of the new Andean Countries Division, effective July 1, 2026. In this position, Mr. Yepez will lead the Ban... Read More


Advancing Energy Security and Jobs Through the Transformative Rogun Hydropower Project

Tajikistan, July 1 -- The World Bank Board of Executive Directors approved today the second phase of financing for the Rogun Hydropower Plant (HPP), which is expected to create over 30,000 direct and ... Read More


Uzbekistan to Improve the Quality of Primary Education for 2 Million Children and Future Jobs Access with World Bank Support

Uzbekistan, July 1 -- The World Bank's Board of Executive Directors approved financial support for the Government of Uzbekistan to improve learning outcomes in primary schools across six regions and t... Read More


IFC Appoints Imad N. Fakhoury?as Regional Vice President for the Middle East and Central Asia

Jordan, July 1 -- IFC, the private sector arm of the World Bank Group, announced today the appointment of Imad N. Fakhoury as the new Regional Vice President for the Middle East and Central Asia (MCA)... Read More


Lockheed Martin wins $2.99B Sentinel A4 radar contract

United States, July 1 -- Lockheed Martin Corp., Liverpool, New York, was awarded a $2,998,742,163 fixed-price-incentive, cost-plus-fixed-fee, cost-no-fee contract for Sentinel A4 radar production and ... Read More