Guarantee platform now live

Guarantee platform now live

Revolutionizing development finance, how will AI impact development?


EDITOR'S PICK: 

World Bank Group Guarantee Platform Goes Live. The World Bank Group’s new guarantee platform opened for business this week. The platform will revolutionize development financing and aims to boost our annual guarantee issuance to $20 billion by 2030. FIND OUT MORE


WEEK'S HIGHLIGHTS:

What Does Artificial Intelligence Mean for the Developing World? Is AI a dystopian nightmare for the developing world, eliminating jobs and confirming biases? Or could it lead to a brighter future, solving critical development issues? Our new episode of The Development Podcast explores the issue. LISTEN NOW

2024-2025 World Bank Country Classifications by Income Level. The World Bank Group's new country income classifications show that 7 of the 8 countries changing income categories this year moved upward. In 2023, only 12 percent of countries were classified as low-income countries. EXPLORE DATA

ABCDE Conference: The Great Incoherence. Join us July 9 for the opening session of this conference, focused on growth and human development in an era of stagnation.[JB1]  Hear from Ajay Banga, Lawrence Summers, and other development leaders. SIGN UP


IN FOCUS:

Why Global Growth Is Tepid, but Commodity Prices Remain High. The world appears to have entered a new normal, one that involves a disconnect between global growth and commodity prices. LEARN WHY

Supporting Developing Countries to Navigate Global Trade Turbulence. As global trade faces rising protectionism, the international initiative Aid for Trade is more crucial than ever. Here’s how they help support developing countries to continue to participate in global value chains. READ MORE


✔️ IMF and World Bank Group Announce Joint Bretton Woods at 80 Initiative

✔️ World Bank Approves Additional $1.5 Billion in Financing to Support India’s Low-Carbon Transition

✔️ World Bank to Accelerate Digital Inclusion for 180 Million People Across Eastern and Southern Africa

✔️ READ LATEST NEWS RELEASES

Kumbirayi Diwura

Education >>morphology & Aspectual syntactician

7h

Good good exchange Good exchange

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Hi respected sir and mame how are you I hope you are fine and enjoy and sir im not understand about my country banking department because I am opening account but not respons and banking application is not opening please helping me and thank you somuch sir

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World bank please investigate the Ibaka deep seaport for it one of the World Mega project that will boost economy and reduce poverty and crimes. Moreso, Eke-Uda in Uda community has no access tarred road,no street light nor electricity. Am pleading let the world bank come to this isolated Village with many potential and minerals resources. Eke-Uda Uda is a Village in Mbo local government aks Nigeria.

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Asif Amin

Education/Finance Director at CENTER OF EXCELLENCE FOR THE DEAF

1d

*Congratulations on the New Executive Committee.* #PAD #EC #BOARD #OFFIXEBEARER #ExecutiveCommittee https://www.linkedin.com/posts/asif-amin-farooqi-826b561b8_pad-ec-board-activity-7148942553336254464-kELY?utm_source=share&utm_medium=member_desktop

economic growth in developing countries can grow more quickly without ignoring the environment, there are some things that are not implemented in many developing countries ***, ancient scientists have discovered valuable things ** that everyone forgets, without the developed countries realizing that they are implementing them, to To become a developed country, developing countries must go through this process, 🌏🌍🌎🙋 Mr. David malpass

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