Flood Damage Puts Pressure on Nepal’s Economic Growth Outlook
Nepal’s economic outlook has come under renewed pressure after severe flooding disrupted economic activity across several parts of the country....
Development Finance
World Bank Approves New Support for Developing Economies Facing Economic and Climate Pressures
Washington: The World Bank is expanding its support for developing economies as countries face a combination of economic uncertainty, infrastructure...
UN SDG Report 2026 Finds Uneven Progress Toward Global 2030 Goals
New York: The United Nations' latest assessment of global progress toward the Sustainable Development Goals (SDGs) shows that the world...
IMF and World Bank Strengthen Debt Assessment Rules for Low-Income Countries
The International Monetary Fund and World Bank have approved a major update to the framework used to assess debt sustainability...
World Bank Group Reports Record Private Capital Mobilization in FY26
The World Bank Group has reported a record year for mobilizing private investment in developing economies, highlighting a major expansion...
Rising Aid Costs Put Greater Pressure on the World’s Poorest Countries
The international development system is facing growing pressure as the cost of delivering aid increases while administrative complexity and fragmented...
UNDP and World Bank Launch New Framework to Mobilize Finance and Support Job Creation
Global Development: The United Nations Development Programme (UNDP) and the World Bank Group have launched a new cooperation framework aimed...
UN Chief Calls for Major Reform of Global Institutions
United Nations Secretary-General António Guterres has called for a major overhaul of international institutions, arguing that the global system created...
World Bank Sees Opportunity for Zimbabwe to Turn Economic Stability Into Long-Term Job Growth
HARARE — Zimbabwe has an opportunity to build stronger long-term economic growth and expand formal employment after recent improvements in...
African Development Bank and AXIAN Launch Digital Finance Initiative to Help 34,000 Women-Led Businesses Across Africa
The African Development Bank Group and pan-African technology company AXIAN have launched a new digital finance programme designed to expand...
African Development Bank and ECCAS Strengthen Partnership to Accelerate Central African Integration
A young boy plays football on a road at an IDP camp near the town of Jowhar, Somalia, on December...
New Development Bank and India Explore Ways to Mobilise Private Capital for Developing Countries
Jaipur, The New Development Bank (NDB) and the Government of India have held high-level discussions on how to bring more...
New Development Bank Reviews Expansion of Development Financing During Bangladesh Visit
Dhaka, The New Development Bank (NDB) is looking to deepen its cooperation with Bangladesh as the multilateral lender explores a...
New Development Bank Signs $405 Million Financing Deal With South Africa for Hospital and Water Projects
Business AI Generated Photo Johannesburg, South Africa has secured a combined $405 million in financing from the New Development Bank...
Central Asia’s Renewable Energy Potential Needs Stronger Investment and Infrastructure
Central Asia possesses substantial opportunities for renewable energy development, but turning those resources into operating projects will require more than...
How IDA Supports Developing Nations: Building Long-Term Growth Amid Global Challenges
Introduction Sustainable development requires more than short-term financial assistance—it demands long-term partnerships, stable investment, and institutions capable of supporting economic...
ADB and Nepal Mark Six Decades of Partnership in Advancing Sustainable Development
From the towering snow-covered peaks of Mount Everest to the fertile plains of the Terai region, Nepal is a nation...
IDA20 Retrospective: How the World Bank’s Largest Development Fund Helped Low-Income Countries Build Resilience
The International Development Association (IDA), the World Bank’s fund for the world’s poorest countries, has released its IDA20 Retrospective Report,...
How New Streetlights Are Transforming Life in Zogbodomey, Benin: Safer Streets, Stronger Communities, and a Brighter Future
By Ayush Singh | International Affairs Introduction As the sun sets over the town of Zogbodomey in southern Benin, a...
