World bank

IMF, World Bank members look at Gaza reconstruction, challenges ahead

The World Bank, UN and European Union had estimated in February that it would cost more than $50 billion to rebuild Gaza, and are finalizing a new interim estimate of $70 billion.

Palestinians pass by rubble, amid a ceasefire between Israel and Hamas in Gaza, in Khan Yunis, in the southern Gaza Strip, October 14, 2025.
 A general view shows destruction in North Gaza, as seen from Israel, May 27, 2025.

Paying for the 'day after': Who will fund Gaza’s reconstruction? - opinion

 People stand on the rubble after an Israeli strike on a building that according to security sources killed Hezbollah's media relations chief Mohammad Afif in Ras Al- Nabaa, in Beirut, Lebanon November 17, 2024.

World Bank approves $250 million for Lebanon to launch a broader $1 billion recovery

 A view of damage caused by previous Israeli airstrikes, as smoke rises over Beirut's southern suburbs, amid ongoing hostilities between Hezbollah and Israeli forces, at Choueifat district, in Beirut, Lebanon, October 3, 2024.

Israel-Hezbollah conflict cost Lebanon $8.5 billion, World Bank says


China, Tanzania, Zambia sign initial agreement on key railway project

President Xi Jinping witnessed the signing of the memorandum of understanding on a Tanzania-Zambia railway project with the Tanzanian and Zambian presidents.

 Passengers sit inside a train as it stops at Hukou railway station in Hukou County in the north of Jiangxi Province on March 13, 2020.

World Bank says global growth stabilizing but well below pre-pandemic levels

Increasing trade restrictions driven by geopolitical rivalries also could hamper the recovery of global trade volume growth, which was barely perceptible last year at about 0.1%.

 World Bank Headquarters, Washington DC, 2013.

Palestinian Authority on verge of fiscal collapse as Smotrich withholds funds

The World Bank warned that the fiscal situation of the PA has "dramatically worsened in the last three months, significantly raising the risk of a fiscal collapse."

Palestinian Authority President Mahmoud Abbas addresses Arab journalists in Ramallah on July 3

World Bank urges rapid cooling of Israel-Gaza conflict as annual meetings start

"We're all just very much taken aback by the magnitude of the casualties on both sides," Anna Bjerde, the World Bank's managing director of operations said.

 A participant stands near a logo of the World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018

The global economy is in a difficult place, World Bank chief says

The World Bank last month cut its 2024 forecast for global economic growth to 2.4% from 2.7% earlier, citing global monetary tightening.

 Shoppers walk past sale signs on Oxford Street, as Britain struggles with the highest inflation rate among the world's big rich economies, London, Britain, 17 July 2023

Ukraine to receive $1.5b. from World Bank to support reconstruction

The funds will be provided with guarantees from the Japanese government and channeled to support social security and economic development.

 A driver walks near his burned car after Russian military strike, as Russia's invasion of Ukraine continues, in central Kyiv, Ukraine

Outlook for Palestinian economy ‘bleak,’ World Bank says

The report attributed the slowing Palestinian economy in part to restrictions on mobility, imports, and trade imposed by Israel.

A MARKET in Ramallah. In any model for the future of relations between Israel and the Palestinians it will be essential to place a lot of energy into the development of the Palestinian economy.

Biden's pick to lead World Bank, Ajay Banga, is gaining support

Ajay Banga, an Indian-born American former business executive, is gaining momentum to head the World Bank.

 Ajay Banga at the World Economic Forum

COP27: Israel harnessing DNA of bygone wild crops to enhance food supply

Scientists in Israel are creating a gene bank from the seeds of local wild crops, some which have survived for thousands of years since the birth of agriculture.

 Einav Mayzlish-Gati, Director of the Israel Plant Gene Bank holds a palmful of seeds at the Volcani Institute in Rishon LeZion, Israel November 3, 2022.

Poverty in Ukraine has increased tenfold since start of war - World Bank

Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country.

Cars are on fire after Russia's missile attack in Kyiv, Ukraine, October 10, 2022.

World Bank accuses Lebanese politicians of cruelty over deposit promises

Lebanon is in the third year of a financial meltdown that has left eight in ten people poor.

A view shows the exterior of Lebanon's Central Bank building in Beirut, Lebanon June 29, 2022.