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The World Bank President On Why Jobs Fix Everything | Ajay Banga x Nikhil Kamath | People by WTF
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Joint MDB Statement on Critical Minerals to Manufacturing Value Chains
This statement was produced by the following MDBs who were part of the G7 Outreach session in Washington, DC on 17 April 2026: African Development Bank Group, Asian Development Bank, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank, and the World Bank Group.
Continue readingGrowth, jobs, and poverty reduction: Lessons from Paraguay
In the last 20 years, poverty in Paraguay has plummeted from over 50 percent to only 16 percent in 2025. In just two decades, a third of the population has escaped poverty, with another 300,000 rising out of poverty just in the last two years.
Progress at this pace, scale, and duration does not happen by accident. Paraguay’s success is what happens when governments focus on productivity and jobs. Paraguay’s GDP growth has been nearly 5 percent per annum, among the fastest in Latin America. But for progress in poverty and shared prosperity, what drives growth matters. Labor income growth was the primary driver of poverty reduction in 2025, with the largest gains concentrated at the bottom of the income scale. Employment has grown and shifted toward more stable, better-compensated work. Sustained growth in employment and labor incomes is only possible with growth in the productivity of labor. Economic growth improves people’s lives when there is a focus on including people in an increasingly productive economy through job creation.
Continue readingBiofuels and oil insecurity: what the evidence suggests about agriculture powering mobility
Recent military conflict in the Middle East have once again reminded the world how vulnerable modern economies remain to sudden disruptions in global oil supply. For many developing economies, particularly in South and Southeast Asia, the consequences of such disruptions are immediate and acute. Higher oil prices translate quickly into higher transportation costs, rising food prices, fiscal pressure from fuel subsidies, and deteriorating household welfare.
Spring Meetings 2026 | Reaching 300 Million Farmers through AgriConnect
Spring Meetings 2026 | Measurement Is Direction: Putting Targets on the Map
Spring Meetings 2026 | Unlocking Women’s Economic Power
How can increasing women’s economic participation help create more and better jobs?
Expanding women’s access to jobs, finance, and digital tools can increase labor force participation, support business growth, and drive job creation at scale. When women can manage economic risks, connect to markets, and access capital, they contribute directly to stronger and more inclusive economic growth.
The World Bank Group works with countries and partners to strengthen the systems that enable women’s economic participation—such as social protection, digital inclusion, and access to capital. Together, these pathways help women build resilience, participate fully in the economy, and grow enterprises that generate jobs.
This discussion explores progress toward the World Bank Group’s 2030 ambitions, the barriers that remain, and what it takes to scale impact. It also highlights how coordinated action across policy, institutions, and investment can accelerate women’s economic inclusion and support sustainable job creation.
“Credit: World Bank Group. All rights reserved”
Spring Meetings 2026 | How Electricity Access Supports Jobs and Growth Worldwide
How an AI-powered Jobs Tool Made Hidden Skills Visible
Thousands of people work, solve problems, and care for others every day, but their skills often go unseen in the formal labor market. In Argentina, an AI‑powered employment pilot is beginning to change that by revealing a wealth of experience that up to now has remained invisible and helping people connect, often for the first time, with public employment services.
Continue readingWorld Bank Group and IMF to Hold 2029 Annual Meetings in Abu Dhabi, United Arab Emirates
New global platform aligns country reforms, financing, and partnerships to scale delivery
WASHINGTON, April 15, 2026—The World Bank Group, in partnership with multilateral development banks, development finance institutions and key partners, today launched Water Forward, a global platform to help improve water security for 1 billion people by 2030. The platform will align policy reforms, financing, and partnerships to expand reliable water services and strengthen systems against droughts and floods—essential conditions for job creation.
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Netherlands for the World Bank 