Results by Region

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border: 2px solid #fff; } </style></div> <div class="annual_dropdown section"> <div class="regional-datashowcase"> <label>Navigate this chapter:</label> <div class="dropdown-v3-seciton">  <div class="btn-group dropdown-group"> <button class="dropdown-select-item dropdown-toggle" title="Indicator" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false"> <span currentid='afe' class="filter-option">Eastern and Southern Africa</span><span class="dropdwon-arrow"></span> </button> <ul class="dropdown-menu dropdown-item" id="dropdown-tab"> <li><a id='afe' href="?dropid=afe">Eastern and Southern Africa</a></li> <li><a id='afw' href="?dropid=afw">Western and Central Africa</a></li> <li><a id='eap' href="?dropid=eap">East Asia and Pacific</a></li> <li><a id='eca' href="?dropid=eca">Europe and Central Asia</a></li> <li><a id='lac' href="?dropid=lac">Latin America and the Caribbean</a></li> <li><a id='mna' href="?dropid=mna">Middle East and North Africa</a></li> <li><a id='sar' href="?dropid=sar">South Asia</a></li> </ul> </div> </div> <div class="content-div" data-edit-mode="false"> <div class="dropdown-tabindex0 dropdown-tabshow activediv" style=" margin-top:30px" data-comp-path=""> <div class="dropdownpar0 parsys"><div class="gridlayout parbase section"> <div class="row "> <div class="col-md-12 colsplit" id=""> <div class=" "> <div class="grid_12_par_0 parsys"> <div style="padding-left:0px;padding-right:0px;" class="remove-padding-grid" > <div class="annual_heading_logo section"> <div class="regional-heading"> <h2>Eastern and Southern Africa</h2> </div> </div> <div class="annual_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-text flipboard-keep " > <h3><b>At-A-Glance</b></h3><p>Across Eastern and Southern Africa, we aim to improve access to quality education, health, water, and sanitation facilities; sustainable and clean energy; efficient government services; and digital connectivity. In fiscal 2024, the World Bank approved $15.6 billion for 96 operations in the region, including $2.9 billion in IBRD commitments and $12.7 billion in IDA commitments. We also leveraged data and analytics to help countries in the region reach their development potential. </p><h4>Regional Commitments and Disbursements for Fiscal 2022–24</h4><table border="0" cellpadding="0" cellspacing="0" width="448"><tbody><tr><td height="20" width="64"> </td><td colspan="3" width="192"><b>COMMITMENTS ($ MILLIONS)</b></td><td colspan="3" width="192"><b>DISBURSEMENTS ($ MILLIONS)</b></td></tr><tr><td height="20" width="64"><b> </b></td><td width="89" valign="top"><p><b>FY22</b></p></td><td width="89" valign="top"><p><b>FY23</b></p></td><td width="89" valign="top"><p><b>FY24</b></p></td><td width="89" valign="top"><p><b>FY22</b></p></td><td width="89" valign="top"><p><b>FY23</b></p></td><td width="89" valign="top"><p><b>FY24</b></p></td></tr><tr><td height="20" width="64"><b>IBRD</b></td><td width="89" valign="top"><p>2,907</p></td><td width="89" valign="top"><p>2,364</p></td><td width="89" valign="top"><p>2,914</p></td><td width="89" valign="top"><p>2,441</p></td><td width="89" valign="top"><p>1,690</p></td><td width="89" valign="top"><p>3,126</p></td></tr><tr><td height="20" width="64"><b>IDA</b></td><td width="89" valign="top"><p>15,266</p></td><td width="89" valign="top"><p>14,368</p></td><td width="89" valign="top"><p>12,735</p></td><td width="89" valign="top"><p>7,133</p></td><td width="89" valign="top"><p>10,417</p></td><td width="89" valign="top"><p>10,696</p></td></tr><tr><td height="20" colspan="7">Portfolio of operations under implementation as of June 30, 2024: $78.8 billion.<br><br></td></tr></tbody></table><p><b>Improving education and health services. </b>In fiscal 2024 we approved the <a href="https://www.worldbank.org/en/news/press-release/2023/10/10/world-bank-to-strengthen-economic-empowerment-for-millions-of-girls-and-women-across-afe-east-and-southern-africa">East Africa Girls’ Empowerment and Resilience Program</a> to support more than 2 million girls to stay in or return to school and enable 160,000 women to increase their productivity in the labor market in Mozambique and Madagascar. The program is expected to reach more than 6 million people—including traditional leaders, parents, and boys—through behavioral change and will enhance the capacity of 26,000 local administrators, community leaders, and service providers to implement gender equality reforms.</p><p>In the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P178684">Democratic Republic of Congo</a>, we are increasing access to education, particularly for girls, and improving teaching-learning conditions at secondary schools in selected provinces. This includes creating safe and inclusive school environments, strengthening curriculum and educational materials, as well as equipping girls and boys with digital skills. In Tanzania, our <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P169380">results-based financing</a> education program led to 1.6 million students enrolling in preprimary and primary schools.</p><p>To improve school attendance in <a href="https://www.worldbank.org/en/news/feature/2024/01/19/breaking-barriers-empowering-girls-with-clean-water-and-sanitation-facilities-in-ethiopia-s-schools#:~:text=The%20One%20WaSH%20National%20Program,an%20integrated%20sector%2Dwide%20approach.">Ethiopia</a>, we are equipping more than 5,000 schools with essential water, sanitation, and hygiene (WASH) facilities and 223 dedicated menstrual hygiene management rooms. In Malawi, we are improving WASH infrastructure in schools to benefit more than 25,000 students through <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P163794">the Lilongwe Water and Sanitation Project</a>. The project has also provided water supply upgrades for more than 370,000 people as of March 2024.</p><p><b>Enabling the energy transition. </b>Our <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P180547">Accelerating Sustainable and Clean Energy Access Transformation Program</a> aims to increase access to sustainable and clean energy across the region by 2030. The program will benefit 100 million people by expanding access to grid and off-grid electricity in a region where only 48 percent of the overall population—and just 26 percent in rural areas—has access to electricity.<b> </b>We also published Country Climate and Development Reports with recommendations to accelerate the energy transition for Ethiopia, Mozambique, and Zimbabwe.</p><p>To protect nearly 2 million people from water-related climate shocks, including flooding, we approved the second phase of the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P181308">Regional Climate Resilience Program for Eastern and Southern Africa</a>, which aims to strengthen infrastructure, disaster-risk management, and social protection systems in Malawi and the region.</p><p><b>Expanding market size.</b> Leveraging regional initiatives such as the African Continental Free Trade Area (AfCFTA), we help fast-track domestic reforms to attract and retain sustainable investment. Our <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P180196">project in Rwanda</a>, the first in a series, supported alignment of the country’s legislation with the AfCFTA Investment Protocol and has formalized its existing dispute-prevention mechanism with a focus on green issues to be fast-tracked. In Zambia, we supported the development of a model international investment agreement aligned with the Protocol.</p><p><b>Strengthening critical soft infrastructure. </b>In partnership with the African Development Bank, the IMF, and the UN, we strengthened the staffing and institutional capacity of Somalia’s government ministries and central agencies, enabling the country to save $4.5 billion in debt servicing and <a href="https://www.imf.org/en/News/Articles/2023/12/13/pr23438-imf-and-world-bank-announce-us-4-5-billion-in-debt-relief-for-somalia">reach the Heavily Indebted Poor Countries Initiative Completion Point</a> in December 2023.</p><p><b>Closing the digital divide.</b> Through the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P176181">Eastern Africa Regional Digital Integration Project</a> series, we are  increasing affordable access to regional broadband connectivity, strengthening the enabling environment and policy convergence for cross-border digital trade and data flows, and promoting digital skills development.</p><p style="text-align: right;"><b>Further Information: <a href="https://www.worldbank.org/en/region/afr/eastern-and-southern-africa" target="_blank">Eastern and Southern Africa Homepage ></a></b></p><table cellpadding="1" cellspacing="0" border="1" width="100%"><tbody><tr><th scope="col">Country Impact</th></tr><tr><td><p><b>Malawi</b>: We have enabled <a href="https://www.worldbank.org/en/results/2024/01/18/digital-transformation-drives-development-in-afe-afw-africa">4.3 million people</a> to access affordable, high-quality internet services.<b></b></p><p><b>Tanzania</b>: As a partner to Tanzania’s judiciary, we financed the construction of 18 subordinate courts, extending judiciary services to more than <a href="https://www.worldbank.org/en/news/press-release/2024/05/10/tanzania-afe-new-world-bank-financing-to-increase-access-to-justice-for-all-zanzibaris">13 million citizens</a>.</p><p><b>Uganda: </b>After bringing electricity to <a href="https://www.worldbank.org/en/results/2023/11/21/transforming-lives-through-energy-access-afe-1123-in-eastern-and-southern-africa">8.8 million people</a>, we are expanding access to a further 5.7 million people, including 500,000 refugees.</p></td></tr></tbody></table><h3><div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-annual-report-eastern-southern-africa-780x439.jpg' class=img-responsive alt='Eastern and Southern Africa' title='' ></div></div></div></h3><h3><b>Regional Snapshot</b></h3><table border="0" cellpadding="0" cellspacing="0" width="746"><tbody><tr><td height="32" width="291"><b>INDICATOR</b></td><td width="71"><b>2000</b></td><td width="71"><b>2012</b></td><td width="71"><b>CURRENT DATA<sup>a</sup></b></td></tr><tr><td height="20" width="512">Total population (millions)</td><td width="64">401.6</td><td width="64">552.5</td><td width="64">739.1</td></tr><tr><td height="20">Population growth (annual %)</td><td>2.6</td><td>2.7</td><td>2.5</td></tr><tr><td height="20">GNI per capita (Atlas method, current US$)</td><td>664.0</td><td>1,653.7</td><td>1,601.6</td></tr><tr><td height="20">GDP per capita growth (annual %)</td><td>0.6</td><td>(1.0)</td><td>0.1</td></tr><tr><td height="20">Population living below $2.15 a day (millions)</td><td>226.3</td><td>233.4</td><td>277.9</td></tr><tr><td height="20">Life expectancy at birth, females (years)</td><td>53.7</td><td>62.1</td><td>65.5</td></tr><tr><td height="20">Life expectancy at birth, males (years)</td><td>50.2</td><td>57.9</td><td>60.4</td></tr><tr><td height="20">Carbon dioxide emissions (megatons)</td><td>358.0</td><td>546.8</td><td>545.0</td></tr><tr><td height="20">Extreme poverty (% of population below $2.15 a day, 2017 PPP)</td><td>56.4</td><td>42.2</td><td>42.8</td></tr><tr><td height="20">Debt service as a proportion of exports of goods, services, and primary income<sup>b</sup></td><td>11.9</td><td>6.2</td><td>15.8</td></tr><tr><td height="20">Ratio of female to male labor force participation rate (%) (modeled ILO estimate)</td><td>85.2</td><td>85.6</td><td>87.1</td></tr><tr><td height="20">Vulnerable employment, total (% of total employment) (modeled ILO estimate)</td><td>73.8</td><td>73.5</td><td>72.5</td></tr><tr><td height="20">Under-5 mortality rate per 1,000 live births</td><td>137.7</td><td>78.1</td><td>55.3</td></tr><tr><td height="20">Primary completion rate (% of relevant age group)</td><td>49.4</td><td>67.9</td><td>72.3</td></tr><tr><td height="20">Individuals using the internet (% of population)</td><td>0.8</td><td>8.5</td><td>27.7</td></tr><tr><td height="20">Access to electricity (% of population)</td><td>20.0</td><td>31.7</td><td>48.7</td></tr><tr><td height="20">Renewable energy consumption (% of total final energy consumption)</td><td>65.5</td><td>61.7</td><td>66.1</td></tr><tr><td height="20">People using at least basic drinking water services (% of population)</td><td>41.8</td><td>51.1</td><td>59.1</td></tr><tr><td height="20">People using at least basic sanitation services (% of population)</td><td>22.4</td><td>27.6</td><td>31.8</td></tr><tr><td colspan="4" height="48" width="745"><p><b>Note:</b> ILO = International Labour Organization; PPP = purchasing power parity. </p><p>a. The most current data available between 2018 and 2023; visit <a href="https://data.worldbank.org/">https://data.worldbank.org</a> for data updates.</p><p>b. Data for Sub-Saharan Africa.</p></td></tr></tbody></table><h3><a id="AFE-spotlight"></a><b>SPOTLIGHT: Expanding access to electricity across Rwanda</b></h3><p> <div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-annual-report-eastern-southern-africa-story-780x439.jpg' class=img-responsive alt='Eastern and Southern Africa' title='' ></div></div></div>The World Bank Group and the African Development Bank have committed to provide electricity to 300 million people in Sub-Saharan Africa by 2030. Together, we aim to help countries across Sub-Saharan Africa expand energy access while addressing climate change.</p><p>Rwanda, which has expanded electricity access from 6 percent in 2009 to more than 75 percent as of March 2024, is leading the way. One hundred percent of its health centers and administrative facilities and 84 percent of its schools now have electricity. </p><p>The Government of Rwanda laid the foundation for this remarkable progress in 2008, when it engrained electrification targets in its national strategies and set up the Electricity Access Rollout Program to implement cost-effective strategies. </p><p>The World Bank accelerated progress by initiating $475 million in Development Policy Operation loans, with Rwanda implementing comprehensive energy sector policies that focused on sustainable electricity expansion and fiscal responsibility, including tariff reforms, geo-spatial planning, measures for affordability, and strategies for off-grid electrification. As a result, Rwanda has maintained electricity sector subsidies below 1.4 percent of GDP while aggressively expanding electrification.</p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> </div> </div> </div> </div> </div> <div class="clearfix"></div> <div style="margin-bottom: 0px"></div> </div> </div> </div> <div class="dropdown-tabindex1 dropdown-tabshow " style="visibility: hidden; height: 0; opacity:0; display: none; margin-top:30px" data-comp-path=""> <div class="dropdownpar1 parsys"><div class="annual_heading_logo section"> <div class="regional-heading"> <h2>Western and Central Africa</h2> </div> </div> <div class="annual_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-text flipboard-keep " > <h3><b>At-A-Glance</b></h3><p>Across Western and Central Africa, we aim to empower women, boost food security and climate resilience, and strengthen social infrastructure and digitalization. In fiscal 2024, the World Bank approved $11 billion for 66 operations in the region, comprising $1.7 billion in IBRD commitments and $9.3 billion in IDA commitments. About half of these commitments went to countries affected by fragility, conflict, and violence. </p><h4><span style="font-weight: normal;"><b>Regional Commitments and Disbursements for Fiscal 2022–24</b></span></h4><table border="0" cellpadding="0" cellspacing="0" width="448"><tbody><tr><td height="20" width="64"> </td><td colspan="3" width="192"><b>COMMITMENTS ($ MILLIONS)</b></td><td colspan="3" width="192"><b>DISBURSEMENTS ($ MILLIONS)</b></td></tr><tr><td height="20" width="64"><b> </b></td><td width="87" valign="top"><p>FY22</p></td><td width="87" valign="top"><p>FY23</p></td><td width="97" valign="top"><p>FY24</p></td><td width="87" valign="top"><p>FY22</p></td><td width="87" valign="top"><p>FY23</p></td><td width="92" valign="top"><p>FY24</p></td></tr><tr><td valign="middle"><b>IBRD</b></td><td width="87" valign="top"><p> 386</p></td><td width="87" valign="top"><p>564</p></td><td width="97" valign="top"><p>1,725</p></td><td width="87" valign="top"><p> 261</p></td><td width="87" valign="top"><p>161</p></td><td width="92" valign="top"><p>240</p></td></tr><tr><td valign="middle"><b>IDA</b></td><td width="87" valign="top"><p> 12,213</p></td><td width="87" valign="top"><p>11,390</p></td><td width="97" valign="top"><p>9,274</p></td><td width="87" valign="top"><p> 6,544</p></td><td width="87" valign="top"><p>7,948</p></td><td width="92" valign="top"><p>9,007</p></td></tr><tr><td height="20" colspan="7">Portfolio of operations under implementation as of June 30, 2024: $58.1 billion.</td></tr></tbody></table><p><b>Empowering women through education and health services. </b>Our projects have enabled an additional 1.8 million girls to enroll in secondary education across the region, laying the foundation for future economic growth. To build on these results, we approved additional financing of $700 million to scale the <a href="https://www.worldbank.org/en/news/press-release/2023/09/22/nigeria-to-expand-adolescent-girls-education-program-to-reach-8-6-million-girls">Adolescent Girls Initiative for Learning and Empowerment in Nigeria</a>. We aim to reach 8.6 million girls through the program and more than 250,000 eligible girls have received scholarships to date. In Senegal, the $75 million <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P161332">Investing in Early Years for Human Development Project</a> has benefitted <a href="https://www.worldbank.org/en/results/2024/04/09/combining-childhood-education-and-nutrition-to-cultivate-bright-futures-in-senegal#:~:text=Through%20its%20Investing%20in%20Early,14%20million%20mothers%20and%20children.">14 million mothers and children</a> through a range of early childhood interventions and essential nutrition services. It also increased birth registrations from 43 percent in 2018 to 73 percent in 2023.</p><p><b>Boosting food security and climate resilience. </b>We provided emergency food assistance for 3.4 million people and agricultural support to 11.1 million farmers in the region. Through the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P172769">West Africa Food System Resilience Program</a>, more than 1.6 million farmers in Burkina Faso, Mali, Sierra Leone, and Togo have received agricultural goods and services. More than 63,800 metric tons of fertilizers have been distributed to over 530,000 farmers in these countries. Emergency support was extended to Ghana in fiscal 2024 to provide more than 128,000 farmers with 29,000 metric tons of fertilizer, weedicides, and seeds. At the 2023 Annual Meetings, the World Bank and the OCP Group <a href="https://www.worldbank.org/en/news/press-release/2023/10/11/ocp-group-and-world-bank-join-forces-to-boost-food-security-and-agricultural-development-in-west-africa">announced a partnership</a> to support 5 million farmers in Benin, Guinea, Mali, and Togo, covering 10 million hectares.</p><p><b>Improving the business environment</b>. In Nigeria, we are supporting efforts to enhance the business-enabling environment. Through our <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P166539">Ghana Economic Transformation Project</a>, we are promoting regulatory transparency through technology-enabled services and boosting citizen engagement through e-portals.</p><p><b>Strengthening social-protection infrastructure and digital-service delivery. </b>We have expanded safety nets for more than 50 million people, catalyzing investments in social registries and digital delivery systems. For example, in Niger, more than <a href="https://www.worldbank.org/en/results/2024/02/16/niger-improving-access-to-public-services-and-economic-opportunities-for-refugees--displaced-people">1.1 million people—including refugees, internally displaced people, and their host communities</a>—have gained improved access to public services and economic opportunities over the past four years thanks to the Niger Refugees and Host Communities Support Project.</p><p style="text-align: right;"><b>Further Information: <a href="https://www.worldbank.org/en/region/afr/western-and-central-africa" target="_blank">Western and Central Africa Homepage ></a></b></p><table cellpadding="1" cellspacing="0" border="1" width="100%"><tbody><tr><th scope="col">Country Impact</th></tr><tr><td><p><b>Central African Republic</b>: We enabled a new 25-megawatt solar park with battery storage to supply electricity to <a href="https://www.worldbank.org/en/news/press-release/2023/11/17/with-the-support-of-the-world-bank-a-new-solar-park-in-the-central-african-republic-expands-access-to-clean-energy">250,000 people in the capital</a>, almost doubling the country’s electricity-generation capacity.</p><p><b>Chad:</b> We have enabled cash transfers to <a href="https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099053124071525648/p164748154914901a199261da8bbcc5ee26">177,000 households and provided 100,000 households</a> with human-capital support, significantly improving access to basic services, livelihoods, and safety nets for refugees and host communities.</p><p><b>Côte d’Ivoire</b>: After working with the government to increase the issuance of land certificates by 500 percent since 2018, we aim to enable an additional 500,000 certificates and 250,000 formal contracts over the next five years, benefiting an estimated <a href="https://www.worldbank.org/en/results/2024/03/08/cote-ivoire-scaling-up-customary-land-rights-registration-for-inclusion-and-sustainability">6.2 million people, especially women</a>.</p></td></tr></tbody></table><h3> </h3><h3><div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-annual-report-western-central-africa-780x439.jpg' class=img-responsive alt='Western and Central Africa' title='' ></div></div></div></h3><h3><b>Regional Snapshot</b></h3><table border="0" cellpadding="0" cellspacing="0" width="746"><tbody><tr><td height="32" width="291"><b>INDICATOR</b></td><td width="71"><b>2000</b></td><td width="71"><b>2012</b></td><td width="71"><b>CURRENT DATA<sup>a</sup></b></td></tr><tr><td height="20" width="512">Total population (millions)</td><td width="64">269.6</td><td width="64">376.8</td><td width="64">502.8</td></tr><tr><td height="20">Population growth (annual %)</td><td>2.7</td><td>2.8</td><td>2.5</td></tr><tr><td height="20">GNI per capita (Atlas method, current US$)</td><td>1,435.5<sup>b</sup></td><td>1,767.5</td><td>1,702.1</td></tr><tr><td height="20">GDP per capita growth (annual %)</td><td>1.1</td><td>2.3</td><td>0.8</td></tr><tr><td height="20">Population living below $2.15 a day (millions)<sup>b</sup></td><td>148.9<sup>c</sup></td><td>136.2</td><td>123.9</td></tr><tr><td height="20">Life expectancy at birth, females (years)</td><td>51.4</td><td>56.3</td><td>58.7</td></tr><tr><td height="20">Life expectancy at birth, males (years)</td><td>49.1</td><td>54.4</td><td>56.6</td></tr><tr><td height="20">Carbon dioxide emissions (megatons)</td><td>140.7</td><td>170.4</td><td>215.9</td></tr><tr><td height="20">Extreme poverty (% of population below $2.15 a day, 2017 PPP)<sup>b</sup></td><td>53.7<sup>c</sup></td><td>36.1</td><td>27.3</td></tr><tr><td height="20">Debt service as a proportion of exports of goods, services, and primary income<sup>c</sup></td><td>11.9</td><td>6.2</td><td>15.8</td></tr><tr><td height="20">Ratio of female to male labor force participation rate (%) (modeled ILO estimate)</td><td>84.3</td><td>83.6</td><td>79.0</td></tr><tr><td height="20">Vulnerable employment, total (% of total employment) (modeled ILO estimate)</td><td>82.9</td><td>80.0</td><td>80.3</td></tr><tr><td height="20">Under-5 mortality rate per 1,000 live births</td><td>169.0</td><td>116.0</td><td>91.6</td></tr><tr><td height="20">Primary completion rate (% of relevant age group)</td><td>60.1</td><td>66.9</td><td>68.3</td></tr><tr><td height="20">Individuals using the internet (% of population)</td><td>0.1</td><td>10.3</td><td>47.0</td></tr><tr><td height="20">Access to electricity (% of population)</td><td>34.1</td><td>44.1</td><td>55.4</td></tr><tr><td height="20">Renewable energy consumption (% of total final energy consumption)</td><td>83.3</td><td>78.9</td><td>76.1</td></tr><tr><td height="20">People using at least basic drinking water services (% of population)</td><td>50.7</td><td>63.3</td><td>74.1</td></tr><tr><td height="20">People using at least basic sanitation services (% of population)</td><td>21.8</td><td>29.9</td><td>38.7</td></tr><tr><td colspan="4" height="48" width="745"><p><b>Note: </b>ILO = International Labour Organization; PPP = purchasing power parity. </p><p>a. The most current data available between 2019 and 2023; visit <a href="https://data.worldbank.org/">https://data.worldbank.org</a> for data updates.</p><p>b. Data from 2008.</p><p>c. Data from 2001.</p><p>d. Data for Sub-Saharan Africa.</p></td></tr></tbody></table><h3><b><a id="AFW-spotlight"></a>SPOTLIGHT: Powering a brighter future for Africa</b></h3><p> <div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-annual-report-western-central-africa-story-780x439.jpg' class=img-responsive alt='Western and Central Africa' title='' ></div></div></div> With the support of the World Bank, a new <a href="https://www.worldbank.org/en/news/press-release/2023/11/17/with-the-support-of-the-world-bank-a-new-solar-park-in-the-central-african-republic-expands-access-to-clean-energy#:~:text=BANGUI%2C%20November%2017%2C%202023%20%E2%80%93,the%20country's%20electricity%20generation%20capacity.">25-megawatt solar park with battery storage was launched in the Central African Republic in November 2023</a>. The park will supply electricity to 250,000 people in the capital of Bangui, almost doubling the country’s electricity generation capacity. It will replace over 90 percent of the energy currently produced by diesel fuel, while generating more than $4 million per year for the National Electricity Company. It will also contribute to a net reduction of emissions of around 670,000 metric tons of carbon dioxide (CO<sub>2</sub>). </p><p>In Nigeria, more than 17.5 million Nigerians, or 20 percent of the currently unserved population, will benefit from our Nigeria <a href="https://blogs.worldbank.org/en/africacan/lighting-up-africa-nigeria-can-show-the-way#:~:text=Just%20recently%2C%20we%20have%20launched,2030%20through%20private%20sector%20interventions">Distributed Access through Renewable Energy Scale-Up Project</a>, which will replace more than 280,000 polluting and expensive fossil-fueled generator sets with standalone solar. In addition, we are completing the 225-kilovolt transmission line of the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P146830">Gambia River Basin Development Organization</a> to connect The Gambia, Guinea, Guinea-Bissau, and Senegal through 15 substations, such as the Tambacounda power station.</p><p>These projects, and many more like them, laid the foundation for the Bank Group’s commitment to provide electricity access to 300 million people in Sub-Saharan Africa by 2030 in partnership with the African Development Bank.  </p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> <div class="annual_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-text flipboard-keep " > <p><br><br></p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> </div> </div> <div class="dropdown-tabindex2 dropdown-tabshow " style="visibility: hidden; height: 0; opacity:0; display: none; margin-top:30px" data-comp-path=""> <div class="dropdownpar2 parsys"><div class="gridlayout parbase section"> <div class="row "> <div class="col-md-12 colsplit" id=""> <div class=" "> <div class="grid_12_par_0 parsys"> <div style="padding-left:0px;padding-right:0px;" class="remove-padding-grid" > <div class="annual_heading_logo section"> <div class="regional-heading"> <h2>East Asia and Pacific</h2> </div> </div> <div class="annual_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-text flipboard-keep " > <h3><span style="font-weight: normal;"><b>At-A-Glance</b></span></h3><p>Across East Asia and Pacific, we aim to support economic development that embeds solutions to build human capital, address climate change and the need for crisis preparedness--and create opportunities for the private sector. In fiscal 2024, the World Bank approved $8 billion for 37 operations in the region, including $6.8 billion in IBRD commitments and $1.2 billion in IDA commitments.</p><p>We remain engaged in Myanmar, aligned with the World Bank Group Strategy for Fragility, Conflict, and Violence (2020-2025). We continue to deepen our partnerships with non-borrowing member countries, including Korea, Malaysia, and Singapore, allowing us to exchange development lessons and solutions for shared priorities.</p><h4><span style="font-weight: normal;"><b>Regional Commitments and Disbursements for Fiscal 2022–24</b></span></h4><table border="0" cellpadding="0" cellspacing="0" width="448"><tbody><tr><td height="20" width="64"> </td><td colspan="3" width="192"><b>COMMITMENTS ($ MILLIONS)</b></td><td colspan="3" width="192"><b>DISBURSEMENTS ($ MILLIONS)</b></td></tr><tr><td height="20" width="64"><b> </b></td><td width="89" valign="top"><p>FY22</p></td><td width="89" valign="top"><p>FY23</p></td><td width="89" valign="top"><p>FY24</p></td><td width="89" valign="top"><p>FY22</p></td><td width="89" valign="top"><p>FY23</p></td><td width="89" valign="top"><p>FY24</p></td></tr><tr><td valign="middle"><b>IBRD</b></td><td width="89" valign="top"><p>5,482</p></td><td width="89" valign="bottom"><p>6,636</p></td><td width="89" valign="top"><p>6,788</p></td><td width="89" valign="top"><p>5,439</p></td><td width="89" valign="top"><p>4,350</p></td><td width="89" valign="bottom"><p>5,492</p></td></tr><tr><td valign="middle"><b>IDA</b></td><td width="89" valign="top"><p>1,673</p></td><td width="89" valign="bottom"><p>877</p></td><td width="89" valign="top"><p>1,238</p></td><td width="89" valign="top"><p>1,502</p></td><td width="89" valign="top"><p>1,448</p></td><td width="89" valign="bottom"><p>1,015</p></td></tr><tr><td height="20" colspan="7">Portfolio of operations under implementation as of June 30, 2024: $32.7 billion.<br><br></td></tr></tbody></table><p><b>Improving access to integrated, quality health services. </b>We are supporting Indonesia’s ambitious health system transformation to address longstanding constraints to quality primary care, referral hospital, and public health laboratory systems. The <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P180811">Indonesia Health Systems Strengthening Project</a> aims to increase the availability of functional equipment in public health facilities and improve public health services across the country. We are also supporting Indonesia’s efforts to strengthen the supply of medical care professionals through a <a href="https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099111423101021029/bosib0b5204a2c02d08d7f030e97e877c45">Universal Health Coverage Development Policy Loan</a>.</p><p><b>Promoting sustainable energy and crisis response. </b>We are launching a multiphase programmatic approach to accelerate the energy transition in the region. Financing through IBRD and IDA will enable the development of 2.5 gigawatts of renewable energy generation capacity and result in a net reduction of 60 million tons of CO<sub>2</sub> equivalent of greenhouse gas emissions.</p><p>In the Pacific, we strengthened resilience to climate risks, natural disasters and health emergencies through Development Policy Operations or Development Policy Financing with Catastrophe Deferred Drawdown Options (Cat-DDOs) in island nations including Fiji, Kiribati, Marshall Islands, Solomon Islands, and Tonga. Cat-DDOs provide a rapid source of financing to respond to natural disasters and health emergencies.</p><p>The Philippines became the first country to benefit from the Rapid Response Option in the World Bank Group's new Crisis Preparedness and Response Toolkit, allowing it to immediately reallocate a portion of our financing to provide the country and its people with what they need when a crisis strikes.</p><p><b>Closing the digital divide in public infrastructure</b>.<b> </b>We approved the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P179361">Philippines First Digital Transformation Development Policy Loan</a><i> </i>in fiscal 2024 to promote the digital transformation of government and digital infrastructure policies, expand financial inclusion through digital finance, and stimulate the growth of digital services. The loan will help digitalize government operations and service delivery, foster competition in digital infrastructure markets, and encourage the adoption of digital payments and financial services.</p><p style="text-align: right;"><b>Further Information: <a href="https://www.worldbank.org/en/region/eap" target="_blank">East Asia and Pacific Homepage ></a></b></p><p style="text-align: right;"> </p><table cellpadding="1" cellspacing="0" border="1" width="100%"><tbody><tr><th scope="col">Country Impact</th></tr><tr><td><p><b>Lao PDR: </b> We helped <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P178002">1.2 million poor and vulnerable households</a> receive targeted assistance from the government and UN agencies by creating the first civil registration and statistics service.</p><p><b>Samoa: </b><a href="https://www.worldbank.org/en/results/2024/04/22/keeping-communities-connected-in-small-island-developing-states">The entire population of 226,000 people</a> is benefiting from enhanced access to transport services through World Bank-supported projects implemented between 2013 and 2022.<b></b></p><p><b>Viet Nam</b>: We aim to bring clean drinking water to <a href="https://www.worldbank.org/en/results/2023/12/20/private-capital-brings-clean-drinking-water-to-schools-and-communities-in-vietnam">2 million children</a> through our innovative $50 million emission-reduction linked bond that will finance delivery of water purification systems in 8,000 schools.</p></td></tr></tbody></table><p> </p><h3><div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-eap-780x439.jpg' class='img-responsive' alt='East Asia and Pacific' title=''></div></div></div></h3><h3><span style="font-weight: normal;"><b>Regional Snapshot</b></span></h3><table border="0" cellpadding="0" cellspacing="0" width="746"><tbody><tr><td height="32" width="291"><b>INDICATOR</b></td><td width="71"><b>2000</b></td><td width="71"><b>2012</b></td><td width="71"><b>CURRENT DATA<sup>a</sup></b></td></tr><tr><td height="20" width="512">Total population (millions)</td><td width="64">1,817</td><td width="64">2,001.2</td><td width="64">2,133.7</td></tr><tr><td height="20">Population growth (annual %)</td><td>1.0</td><td>0.9</td><td>0.2</td></tr><tr><td height="20">GNI per capita (Atlas method, current US$)</td><td>911.0</td><td>5,073.4</td><td>10,446.1</td></tr><tr><td height="20">GDP per capita growth (annual %)</td><td>6.6</td><td>6.7</td><td>4.8</td></tr><tr><td height="20">Population living below $2.15 a day (millions)</td><td>716.9</td><td>176.1</td><td>22.4</td></tr><tr><td height="20">Life expectancy at birth, females (years)</td><td>72.9</td><td>77.1</td><td>79.0</td></tr><tr><td height="20">Life expectancy at birth, males (years)</td><td>68.3</td><td>71.8</td><td>73.5</td></tr><tr><td height="20">Carbon dioxide emissions (megatons)</td><td>4,141.5</td><td>10,809.8</td><td>12,660.7</td></tr><tr><td height="20">Extreme poverty (% of population below $2.15 a day, 2017 PPP)</td><td>39.5</td><td>8.8</td><td>1.0</td></tr><tr><td height="20">Debt service as a proportion of exports of goods, services, and primary income</td><td>15.8</td><td>4.5</td><td>11.5</td></tr><tr><td height="20">Ratio of female to male labor force participation rate (%) (modeled ILO estimate)</td><td>81.6</td><td>78.8</td><td>80.1</td></tr><tr><td height="20">Vulnerable employment, total (% of total employment) (modeled ILO estimate)</td><td>59.8</td><td>48.6</td><td>44.2</td></tr><tr><td height="20">Under-5 mortality rate per 1,000 live births</td><td>42.2</td><td>20.1</td><td>15.3</td></tr><tr><td height="20">Primary completion rate (% of relevant age group)</td><td>93.1</td><td>98.4</td><td>97.4</td></tr><tr><td height="20">Individuals using the internet (% of population)</td><td>1.9</td><td>35.7</td><td>75.3</td></tr><tr><td height="20">Access to electricity (% of population)</td><td>91.2</td><td>95.8</td><td>98.0</td></tr><tr><td height="20">Renewable energy consumption (% of total final energy consumption)</td><td>31.7</td><td>14.8</td><td>16.1</td></tr><tr><td height="20">People using at least basic drinking water services (% of population)</td><td>78.7</td><td>89.3</td><td>96.2</td></tr><tr><td height="20">People using at least basic sanitation services (% of population)</td><td>56.2</td><td>77.2</td><td>92.9</td></tr><tr><td colspan="4" height="48" width="745"><p><b>Note: </b>ILO = International Labour Organization; PPP = purchasing power parity. </p><p>a. The most current data available between 2010 and 2023; visit <a href="http://data.worldbank.org/">https://data.worldbank.org</a> for data updates.</p></td></tr></tbody></table><h3><span style="font-weight: normal;"><b><a id="EAP-spotlight"></a>SPOTLIGHT: Piloting sustainable farming methods to reduce methane and boost prosperity in Viet Nam</b></span></h3><p> <div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-annual-report-eap-story-780x439.jpg' class='img-responsive' alt='East Asia and Pacific' title=''></div></div></div>The <a href="https://www.worldbank.org/en/news/feature/2024/05/14/greening-viet-nam-s-rice-bowl-a-mekong-delta-success-story">Viet Nam Sustainable Agriculture Transformation Project (VnSAT)</a> has successfully piloted new rice farming techniques to lower emissions, increase farmers’ net incomes, and can be scaled and replicated in other countries.</p><p>Rice, a staple crop for more than half the world’s population, produces high levels of methane, a potent greenhouse gas (GHG). But using VnSAT techniques, GHG emissions from about 180,000 hectares of rice land were reduced by approximately 1.5 million tons of CO<sub>2</sub> equivalent each year compared with traditional farming. The project enabled 150,000 rice farmers to improve their average profit per hectare by about 30 percent, compared with households outside the project.</p><p>The success of the VnSAT program provides lessons for other agricultural sectors, including coffee, livestock, and fisheries, and its techniques are ready to be applied in other rice-growing areas. In China, which contributes about 30 percent of the world’s rice production, the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P178796">Methane-Reducing and Water-Saving Paddy Rice Program</a> aims to reduce methane emissions, improve irrigation and drainage services, and provide agricultural support for climate-resilient rice production in Hunan province, China’s largest rice production area. </p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> </div> </div> </div> </div> </div> <div class="clearfix"></div> <div style="margin-bottom: 0px"></div> </div> </div> </div> <div class="dropdown-tabindex3 dropdown-tabshow " style="visibility: hidden; height: 0; opacity:0; display: none; margin-top:30px" data-comp-path=""> <div class="dropdownpar3 parsys"><div class="gridlayout parbase section"> <div class="row "> <div class="col-md-12 colsplit" id=""> <div class=" "> <div class="grid_12_par_0 parsys"> <div style="padding-left:0px;padding-right:0px;" class="remove-padding-grid" > <div class="annual_heading_logo section"> <div class="regional-heading"> <h2>Europe and Central Asia</h2> </div> </div> <div class="annual_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-text flipboard-keep " > <h3><span style="font-weight: normal;"><b>At-A-Glance</b></span></h3><p>Across Europe and Central Asia, we aim to improve access to quality education and health services, advance the energy transition and water management, enhance economic prosperity and job creation, and improve physical and digital connectivity. In fiscal 2024, the World Bank approved $10.4 billion for 50 operations in the region, including $9.3 billion in IBRD commitments and $1.1 billion in IDA commitments.</p><h4><span style="font-weight: normal;"><b>Regional Commitments and Disbursements for Fiscal 2022–24</b></span></h4><table border="0" cellpadding="0" cellspacing="0" width="448"><tbody><tr><td height="20" width="64"> </td><td colspan="3" width="192"><b>COMMITMENTS ($ MILLIONS)</b></td><td colspan="3" width="192"><b>DISBURSEMENTS ($ MILLIONS)</b></td></tr><tr><td height="20" width="64"><b> </b></td><td width="89" valign="top"><p>FY22</p></td><td width="89" valign="top"><p>FY23</p></td><td width="89" valign="top"><p>FY24</p></td><td width="89" valign="top"><p>FY22</p></td><td width="89" valign="top"><p>FY23</p></td><td width="89" valign="top"><p>FY24</p></td></tr><tr><td valign="middle"><b>IBRD</b></td><td width="89" valign="top"><p> 5,974</p></td><td width="89" valign="top"><p>10,162</p></td><td width="89" valign="top"><p>9,302</p></td><td width="89" valign="top"><p> 4,580</p></td><td width="89" valign="top"><p>4,833</p></td><td width="89" valign="top"><p>10,574</p></td></tr><tr><td valign="middle"><b>IDA</b></td><td width="89" valign="top"><p> 2,511</p></td><td width="89" valign="top"><p>1,098</p></td><td width="89" valign="top"><p>1,100</p></td><td width="89" valign="top"><p> 764</p></td><td width="89" valign="top"><p>2,385</p></td><td width="89" valign="top"><p>1,187</p></td></tr><tr><td height="20" colspan="7">Portfolio of operations under implementation as of June 30, 2024: $44.0 billion.<br><br></td></tr></tbody></table><p><b>Improving access to quality education and health services. </b>We are modernizing close to 200 schools in Georgia through the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P168481">I2Q: Innovation, Inclusion and Quality Project</a> to inspire a new generation of scientists and innovators. In the Kyrgyz Republic, our <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P178592">Higher Education Quality and Innovation Project</a> is improving the quality and relevance of higher education programs for 160,000 students, professors, and researchers. The project aims to align applied research needs with the labor market and improve the employability of young people, especially women.</p><p>We are helping Tajikistan strengthen primary healthcare services through the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P178831">Millati Solim Project</a>, and we are improving health outcomes in Serbia through the <a href="https://www.worldbank.org/en/news/press-release/2023/10/27/serbia-to-boost-response-to-non-communicable-diseases-improve-health-outcomes-with-75-million-world-bank-loan#:~:text=Washington%2C%20October%2027%2C%202023%E2%80%94,health%20outcomes%20for%20its%20population.">Non-Communicable Diseases Prevention and Control Project</a>. In Ukraine, we are supporting preventative healthcare, expanding rehabilitation services, and training primary care providers through the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P180245">Health Enhancement and Lifesaving Project</a>.</p><p><b>Advancing the energy transition and water management. </b>We are piloting landmark initiatives to expand renewable energy uptake, support energy efficiency, and enhance energy security. We approved the <a href="https://www.worldbank.org/en/news/press-release/2024/03/28/world-bank-group-launches-renewable-energy-initiative-to-enhance-energy-security-and-affordability-in-europe-and-central#:~:text=The%20Europe%20and%20Central%20Asia%20Renewable%20Energy%20Scale%2Dup%20(ECARES,metric%20tons%20of%20carbon%20emissions%20(">Europe and Central Asia Renewable Energy Scale-up Program</a> with the aim of adding 15 gigawatts of renewable energy capacity, reducing 240 million metric tons of carbon emissions, and creating more than 900,000 renewable energy jobs. Türkiye, the first country to borrow through this program, is expanding the distributed solar energy market for businesses and households and piloting distributed battery electricity storage.</p><p>Across Central Asia, we are benefiting 50,000 people by restoring transboundary landscapes through the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P177407">Resilient Landscape Restoration Project</a>. In the Kyrgyz Republic, we are promoting sustainable development by improving water access for 200,000 people in 94 villages and helping to restore rural landscapes. We also published Country Climate and Development Reports for Azerbaijan, Romania, and Uzbekistan. The recommendations in these reports have informed sustainable development policy dialogues and operations.</p><p><b>Enhancing economic prosperity and job creation.</b> We support reforms and investments focused on private sector–led growth and job creation. Our development policy loans and other operations create markets by improving competition regulation, enhancing the entrepreneurship and innovation ecosystem, and improving access to finance. In Kosovo, our <a href="https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099022624145015082/bosib1265ca93d0de1baf11213f484cd802">Effectiveness, Competitiveness, and Green Growth Development Policy Financing</a> is enabling job creation and a cleaner environment. In Kazakhstan, we are modernizing the research and development ecosystem to drive innovation and create jobs through the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P150402">Fostering Productive Innovation Project</a>.</p><p><b>Improving physical and digital connectivity.</b> Our research shows that with the right investment and policies, a transport route across the <a href="https://openknowledge.worldbank.org/entities/publication/4d781a1f-ace4-420d-9192-964bbc98b0d1">Middle Trade and Transport Corridor</a> countries of Central Asia and the Caucasus could triple trade volumes while halving travel time by 2030. To expand digital infrastructure, we allocated additional financing for the <a href="https://www.worldbank.org/en/news/press-release/2024/01/12/world-bank-provides-additional-support-for-the-kyrgyz-republic-s-digital-transformation">Digital Central Asia South Asia Project</a> which provides internet access for more than 800,000 people in the Kyrgyz Republic. The project is increasing internet penetration to 57 percent of the country, attracting private investment and improving digital government services.</p><p style="text-align: right;"><b>Further Information: <a href="https://www.worldbank.org/en/region/eca" target="_blank">Europe and Central Asia Homepage ></a></b></p><p> </p><table cellpadding="1" cellspacing="0" border="1" width="100%"><tbody><tr><th scope="col">Country Impact</th></tr><tr><td><p><b>Tajikistan</b>: <a href="https://www.worldbank.org/en/results/2024/04/05/building-resilience-across-tajikistan-for-a-more-inclusive-economy">Nearly 3 million people</a> have directly benefited from our resilience-building projects spanning agribusiness, childhood immunizations, and disaster risk management.</p><p><b>Türkiye</b>: Our low-carbon development strategies could <a href="https://openknowledge.worldbank.org/entities/publication/01826a0c-059f-5a0c-91b7-2a6b8ec5de2f">reduce carbon emissions by 70 percent</a>, creating <a href="https://www.worldbank.org/en/results/2024/01/18/country-climate-and-development-reports-from-climate-crisis-to-a-new-development-agenda">$146 billion</a> in economic opportunity (or 1 percent of GDP) by 2040.<b></b></p><p><b>Ukraine</b>: We have helped more than <a href="https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099032024165014933/p17894619efc5c0721bda31c8048813d275">13 million people</a> receive timely payments of pensions and social assistance, alongside the continued provision of critical health, education, and other essential services.</p></td></tr></tbody></table><h3> </h3><h3><div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-eca-780x439.jpg' class='img-responsive' alt='Europe and Central Asia' title=''></div></div></div></h3><h3><span style="font-weight: normal;"><b>Regional Snapshot</b></span></h3><table border="0" cellpadding="0" cellspacing="0" width="746"><tbody><tr><td height="32" width="291"><b>INDICATOR</b></td><td width="71"><b>2000</b></td><td width="71"><b>2012</b></td><td width="71"><b>CURRENT DATA<sup>a</sup></b></td></tr><tr><td height="20" width="512">Total population (millions)</td><td width="64">216.0</td><td width="64">232.7</td><td width="64">247.5</td></tr><tr><td height="20">Population growth (annual %)</td><td>0.4</td><td>0.8</td><td>0.2</td></tr><tr><td height="20">GNI per capita (Atlas method, current US$)</td><td>1,847.3</td><td>6,825.7</td><td>7,691.9</td></tr><tr><td height="20">GDP per capita growth (annual %)</td><td>6.4</td><td>3.2</td><td>4.4</td></tr><tr><td height="20">Population living below $2.15 a day (millions)</td><td>43.3</td><td>4.2</td><td>2.3</td></tr><tr><td height="20">Life expectancy at birth, females (years)</td><td>73.0</td><td>76.2</td><td>77.6</td></tr><tr><td height="20">Life expectancy at birth, males (years)</td><td>65.0</td><td>69.0</td><td>70.7</td></tr><tr><td height="20">Carbon dioxide emissions (megatons)</td><td>2,577.2</td><td>2,959.7</td><td>2,830.7</td></tr><tr><td height="20">Extreme poverty (% of population below $2.15 a day, 2017 PPP)</td><td>9.2</td><td>0.9</td><td>0.5</td></tr><tr><td height="20">Debt service as a proportion of exports of goods, services, and primary income</td><td>18.9</td><td>14.9</td><td>17.8</td></tr><tr><td height="20">Ratio of female to male labor force participation rate (%) (modeled ILO estimate)</td><td>68.2</td><td>67.2</td><td>64.7</td></tr><tr><td height="20">Vulnerable employment, total (% of total employment) (modeled ILO estimate)</td><td>33.7</td><td>30.2</td><td>29.0</td></tr><tr><td height="20">Under-5 mortality rate per 1,000 live births</td><td>42.8</td><td>19.7</td><td>13.1</td></tr><tr><td height="20">Primary completion rate (% of relevant age group)</td><td>95.9</td><td>97.5</td><td>99.8</td></tr><tr><td height="20">Individuals using the internet (% of population)</td><td>1.7</td><td>39.5</td><td>81.0</td></tr><tr><td height="20">Access to electricity (% of population)</td><td>99.0</td><td>99.7</td><td>100.0</td></tr><tr><td height="20">Renewable energy consumption (% of total final energy consumption)</td><td>7.6</td><td>7.5</td><td>10.1</td></tr><tr><td height="20">People using at least basic drinking water services (% of population)</td><td>91.3</td><td>93.5</td><td>95.6</td></tr><tr><td height="20">People using at least basic sanitation services (% of population)</td><td>89.9</td><td>94.9</td><td>97.8</td></tr><tr><td colspan="4" height="48" width="745"><p><b>Note: </b>ILO = International Labour Organization; PPP = purchasing power parity. </p><p>a. The most current data available between 2020 and 2023; visit <a href="https://data.worldbank.org/">https://data.worldbank.org</a> for data updates.</p></td></tr></tbody></table><p> </p><h3><a id="ECA-spotlight"></a><span style="font-weight: normal;"><b>SPOTLIGHT: Sustaining support for Ukraine </b></span></h3><p> <div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-annual-report-eca-story-780x439.jpg' class='img-responsive' alt='Europe and Central Asia' title=''></div></div></div>Russia’s invasion of Ukraine, now in its third year, continues to devastate Ukraine and negatively impact the region. We mobilized around $10 billion for Ukraine in fiscal 2024 through generous donor support and innovative financial instruments, including donor guarantees on IBRD financing and IDA’s fundraising through the Crisis Facility.</p><p>To date, we have mobilized <a href="https://www.worldbank.org/en/country/ukraine/brief/world-bank-emergency-financing-package-for-ukraine">$42 billion</a> in emergency financing to help Ukraine maintain basic administrative and institutional capacity, deliver key services, and conduct repairs in critical sectors including health, agriculture, housing, transport, and energy, and support reforms to strengthen fiscal management and future reconstruction. Resources from bilateral donors account for more than 90 percent of the World Bank Group-mobilized capital. This support has enabled the government to provide essential services reaching more than 15 million Ukrainians.</p><p>In February 2024, we released the third <a href="https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099021324115085807/p1801741bea12c012189ca16d95d8c2556a">Rapid Damage and Needs Assessment</a> which estimated that Ukraine will need at least $486 billion over the next decade to repair and rebuild.  </p><h3> </h3> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> </div> </div> </div> </div> </div> <div class="clearfix"></div> <div style="margin-bottom: 0px"></div> </div> </div> </div> <div class="dropdown-tabindex4 dropdown-tabshow " style="visibility: hidden; height: 0; opacity:0; display: none; margin-top:30px" data-comp-path=""> <div class="dropdownpar4 parsys"><div class="gridlayout parbase section"> <div class="row "> <div class="col-md-12 colsplit" id=""> <div class=" "> <div class="grid_12_par_0 parsys"> <div style="padding-left:0px;padding-right:0px;" class="remove-padding-grid" > <div class="annual_heading_logo section"> <div class="regional-heading"> <h2>Latin America and the Caribbean</h2> </div> </div> <div class="annual_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-text flipboard-keep " > <h3><span style="font-weight: normal;"><b>At-A-Glance</b></span></h3><p>Across Latin America and the Caribbean, we aim to improve access to quality health and education services, boost resilience to climate change while fostering a green transition, and collaborate with other multilateral development banks and the private sector to boost prosperity and digitalization. In fiscal 2024, the World Bank approved $9.7 billion for 52 operations in the region, including $9.4 billion in IBRD commitments and $269 million in IDA commitments. We signed 14 Reimbursable Advisory Services agreements<sup><a href="#footnote-1">[1]</a></sup> with five countries for a total of $13.2 million.</p><h4><span style="font-weight: normal;"><b>Regional Commitments and Disbursements for Fiscal 2022–24</b></span></h4><table border="0" cellpadding="0" cellspacing="0" width="448"><tbody><tr><td height="20" width="64"> </td><td colspan="3" width="192"><b>COMMITMENTS ($ MILLIONS)</b></td><td colspan="3" width="192"><b>DISBURSEMENTS ($ MILLIONS)</b></td></tr><tr><td height="20" width="64"><b> </b></td><td width="89" valign="top"><p>FY22</p></td><td width="89" valign="top"><p>FY23</p></td><td width="89" valign="top"><p>FY24</p></td><td width="89" valign="top"><p>FY22</p></td><td width="89" valign="top"><p>FY23</p></td><td width="89" valign="top"><p>FY24</p></td></tr><tr><td valign="middle"><b>IBRD</b></td><td width="89" valign="top"><p> 9,407</p></td><td width="89" valign="top"><p>9,828</p></td><td width="89" valign="top"><p>9,463</p></td><td width="89" valign="top"><p> 8,911</p></td><td width="89" valign="top"><p>8,216</p></td><td width="89" valign="bottom"><p>6,305</p></td></tr><tr><td valign="middle"><b>IDA</b></td><td width="89" valign="top"><p> 1,030</p></td><td width="89" valign="top"><p>181</p></td><td width="89" valign="top"><p>269</p></td><td width="89" valign="top"><p> 510</p></td><td width="89" valign="top"><p>322</p></td><td width="89" valign="bottom"><p>602</p></td></tr><tr><td height="20" colspan="7">Portfolio of operations under implementation as of June 30, 2024: $33.5 billion.<br><br></td></tr></tbody></table><p><b>Improving education and health services. </b>In the last decade, nearly 13 million people across the region have benefited from our 48 educational projects totaling $5 billion in commitments. In Guyana, projects totaling $99 million are tackling inequalities at all educational levels to meet new and growing labor market demands. Over 6,000 secondary students have benefitted so far, and more than 1,000 teachers have received training. Our <a href="https://openknowledge.worldbank.org/server/api/core/bitstreams/79cc9b90-66fc-40f2-bb17-5377abb459b6/content"><i>Learning can’t wait: Lessons for Latin America and the Caribbean from PISA 2022</i></a> report, produced jointly with the Inter-American Development Bank, tackles the learning crisis affecting adolescents in the region, one of the most severe educational crises in the last 100 years. </p><p>In Chile, we are expanding access to primary health services through a $200 million project. And in the Dominican Republic, a $190 million project seeks to improve the quality of public healthcare services provision, especially for maternal and neonatal care, and to strengthen health and social assistance systems. Our <a href="https://www.oecd-ilibrary.org/social-issues-migration-health/health-at-a-glance-latin-america-and-the-caribbean-2023_532b0e2d-en"><i>Health at a Glance: Latin America and the Caribbean</i></a><i> </i>report analyzed the climate resilience of health systems in countries across the region.</p><p>Across all services, we are committed to creating equal access for women and girls. Our Regional Gender Action Plan (2021-2025) sets out an approach to narrow persistent gender gaps at the country level. In Ecuador, we approved a $500 million loan to foster inclusive and sustainable development by protecting the most vulnerable and supporting gender equality in all economic sectors.</p><p><b>Fostering climate resilience and a green transition. </b>We are bolstering the region’s resilience to climate change and helping countries advance their energy transition agendas. In Colombia, Guatemala, Mexico, and Peru, the Global Program for Resilient Housing identifies houses vulnerable to natural disasters, determines which ones can be made safe before it is too late, and connects the homeowners with government subsidies and private capital. In Peru, two projects totaling $1.5 billion are supporting climate change adaptation and a greener economy. In Panama, we are supporting reforms to enable the energy transition and inclusive low-carbon growth, benefiting the most vulnerable populations. And in Colombia, a $750 million loan to support equitable growth also aims to protect wildlife and reduce deforestation. In fiscal 2024, we published Country Climate and Development Reports with recommendations for sustainable development for Colombia and the Dominican Republic.</p><p><b>Promoting formalization of entrepreneurs</b>. In Ecuador, the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P174115">Inclusive and Sustainable Growth Project</a> has supported the introduction of a new type of company modality in the legal framework. The new simplified corporation form, S.A.S., has become the most popular vehicle to start a business in Ecuador. As of fiscal 2024, more than 58,700 S.A.S.s have been registered in the country, representing approximately 80 percent of total companies. This success is replicated in El Salvador, with over 800 companies registered during the first five months of implementation of the S.A.S. this year, and 1,821 registration processes initiated online.</p><p><b>Collaborating for sustainable prosperity and digital development. </b>With the Inter-American Development Bank, we have embarked on a first-ever, four-year partnership to better combat poverty, create jobs, and address climate change. We have committed to work jointly in three priority areas. In the Amazon, we will support countries in their transition to net zero deforestation; help improve the livelihoods of their inhabitants, mostly Indigenous Peoples; and preserve the ecosystem. In the Caribbean, we will focus on supporting disaster risks and climate-crises management, as well as on developing mechanisms for financial protection against future shocks. We will also bridge the digital divide across the region by collaborating on digital infrastructure and rural connectivity, especially for education. </p><p style="text-align: right;"><b>Further Information: <a href="https://www.worldbank.org/en/region/lac" target="_blank">Latin America and the Caribbean Homepage ></a></b></p><p> </p><table cellpadding="1" cellspacing="0" border="1" width="100%"><tbody><tr><th scope="col">Country Impact</th></tr><tr><td><p><b>Argentina</b>: Our flood protection measures have benefited more than <a href="https://www.worldbank.org/en/results/2023/12/19/flood-risk-management-in-argentina-an-evolutionary-road-to-an-integrated-approach">6 million people</a> by safeguarding their communities and infrastructure.</p><p><b>Ecuador</b>: We financed the fully electric Quito Metro Line, which is expected to annually reduce emissions by <a href="https://www.worldbank.org/en/results/2024/03/13/promoting-livable-cities-by-investing-in-urban-mobility">67,000 tons of CO<sub>2</sub> equivalent and save $50 million in fuel costs</a>.</p><p><b>Jamaica</b>: Our emergency response and risk reduction projects have benefited <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P146965">57 percent of the population</a> since 2016, enhancing resilience and preparedness in the face of natural disasters and other emergencies.</p></td></tr></tbody></table><h3><div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-lac-780x439.jpg' class='img-responsive' alt='Latin America and the Caribbean' title=''></div></div></div></h3><h3><span style="font-weight: normal;"><b>Regional Snapshot</b></span></h3><table border="0" cellpadding="0" cellspacing="0" width="746"><tbody><tr><td height="32" width="291"><b>INDICATOR</b></td><td width="71"><b>2000</b></td><td width="71"><b>2012</b></td><td width="71"><b>CURRENT DATA<sup>a</sup></b></td></tr><tr><td height="20" width="512">Total population (millions)</td><td width="64">468.1</td><td width="64">541.0</td><td width="64">600.8</td></tr><tr><td height="20">Population growth (annual %)</td><td>1.5    </td><td>1.1</td><td>0.7</td></tr><tr><td height="20">GNI per capita (Atlas method, current US$)</td><td>4,093.9</td><td>9,463.5</td><td>9,028.4</td></tr><tr><td height="20">GDP per capita growth (annual %)</td><td>2.1</td><td>1.2</td><td>1.4</td></tr><tr><td height="20">Population living below $2.15 a day (millions)</td><td>71.3</td><td>30.6</td><td>22.6</td></tr><tr><td height="20">Life expectancy at birth, females (years)</td><td>74.2</td><td>77.0</td><td>76.7</td></tr><tr><td height="20">Life expectancy at birth, males (years)</td><td>67.7</td><td>70.9</td><td>70.5</td></tr><tr><td height="20">Carbon dioxide emissions (megatons)</td><td>1,036.5</td><td>1,401.1</td><td>1,242.2</td></tr><tr><td height="20">Extreme poverty (% of population below $2.15 a day, 2017 PPP)</td><td>13.8</td><td>5.1</td><td>3.5</td></tr><tr><td height="20">Debt service as a proportion of exports of goods, services, and primary income</td><td>43.9</td><td>16.2</td><td>18.2</td></tr><tr><td height="20">Ratio of female to male labor force participation rate (%) (modeled ILO estimate)</td><td>60.5</td><td>66.1</td><td>69.2</td></tr><tr><td height="20">Vulnerable employment, total (% of total employment) (modeled ILO estimate)</td><td>35.9</td><td>32.2</td><td>33.1</td></tr><tr><td height="20">Under-5 mortality rate per 1,000 live births</td><td>34.4</td><td>20.4</td><td>15.7</td></tr><tr><td height="20">Primary completion rate (% of relevant age group)</td><td>90.8</td><td>96.9</td><td>94.6</td></tr><tr><td height="20">Individuals using the internet (% of population)</td><td>3.4</td><td>42.2</td><td>75.6</td></tr><tr><td height="20">Access to electricity (% of population)</td><td>91.1</td><td>96.3</td><td>98.5</td></tr><tr><td height="20">Renewable energy consumption (% of total final energy consumption)</td><td>29.8</td><td>29.4</td><td>34.9</td></tr><tr><td height="20">People using at least basic drinking water services (% of population)</td><td>90.1</td><td>94.8</td><td>97.7</td></tr><tr><td height="20">People using at least basic sanitation services (% of population)</td><td>73.2</td><td>82.3</td><td>88.5</td></tr><tr><td colspan="4" height="48" width="745"><p><b>Note: </b>ILO = International Labour Organization; PPP = purchasing power parity. </p><p>a. The most current data available between 2020 and 2023; visit <a href="https://data.worldbank.org/">https://data.worldbank.org</a> for data updates.</p></td></tr></tbody></table><h3><b><a id="LAC-spotlight"></a>SPOTLIGHT: Innovating for a greener future in Uruguay and Chile</b></h3><p> <div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2023/sep/WBAR23-LCR-spotlight-780x439.png' class='img-responsive' alt='World Bank Annual Report 2023 - LAC Spotlight' title=''></div></div></div>With support from the World Bank, Uruguay has become a pioneer in the development of financial instruments to address climate change. In November 2023, we approved a $350 million loan for Uruguay, as part of the Environmental Goal-Driven Financing Mechanism, that marks a global first by linking multilateral development bank financing conditions with the achievement of ambitious environmental targets. Uruguay could see a reduction of up to $12.5 million in interest on this loan if it attains a verifiable decrease in the intensity of methane gas emissions from livestock production. </p><p>In Chile, which is rich in renewable resources, we have approved a $150 million investment to promote in-country green hydrogen projects. This is our first loan to promote green hydrogen to support climate change mitigation efforts. Chile expects to produce the lowest-cost hydrogen in the world by 2030 and to be among the world’s top three hydrogen exporters by 2040.    </p><p><br><sup><a id="footnote-1"></a>[1]</sup> Reimbursable Advisory Services (RAS) are an instrument to deliver advisory services to eligible clients in middle- and high-income countries requiring services that cannot be fully funded from the Bank’s country program. Under RAS programs, the World Bank works with countries at their request, providing advisory services, analytical services, and implementation support. The Bank is then reimbursed for the costs of delivering these advisory services.</p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> </div> </div> </div> </div> </div> <div class="clearfix"></div> <div style="margin-bottom: 0px"></div> </div> </div> </div> <div class="dropdown-tabindex5 dropdown-tabshow " style="visibility: hidden; height: 0; opacity:0; display: none; margin-top:30px" data-comp-path=""> <div class="dropdownpar5 parsys"><div class="gridlayout parbase section"> <div class="row "> <div class="col-md-12 colsplit" id=""> <div class=" "> <div class="grid_12_par_0 parsys"> <div style="padding-left:0px;padding-right:0px;" class="remove-padding-grid" > <div class="annual_heading_logo section"> <div class="regional-heading"> <h2>Middle East and North Africa</h2> </div> </div> <div class="annual_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-text flipboard-keep " > <h3><span style="font-weight: normal;"><b>At-A-Glance</b></span></h3><p>Across the Middle East and North Africa, we aim to strengthen human capital, enable green and inclusive growth, and increase infrastructure capacity. In fiscal 2024, the World Bank approved $4.6 billion for 17 operations in the region, including $4.2 billion in IBRD commitments and $340 million in IDA commitments. An additional $87.5 million in special financing was approved for projects in the West Bank and Gaza. Revenue from Reimbursable Advisory Services agreements reached $41.5 million for strategic and technical assistance on sustainable social, economic, and environmental reforms.</p><h4><span style="font-weight: normal;"><b>Regional Commitments and Disbursements for Fiscal 2022–24</b></span></h4><table border="0" cellpadding="0" cellspacing="0" width="448"><tbody><tr><td height="20" width="64"> </td><td colspan="3" width="192"><b>COMMITMENTS ($ MILLIONS)</b></td><td colspan="3" width="192"><b>DISBURSEMENTS ($ MILLIONS)</b></td></tr><tr><td height="20" width="64"><b> </b></td><td width="89" valign="top"><p>FY22</p></td><td width="89" valign="top"><p>FY23</p></td><td width="89" valign="top"><p>FY24</p></td><td width="89" valign="top"><p>FY22</p></td><td width="89" valign="top"><p>FY23</p></td><td width="89" valign="top"><p>FY24</p></td></tr><tr><td valign="middle"><b>IBRD</b></td><td width="89" valign="top"><p>4,135</p></td><td width="89" valign="top"><p>4,697</p></td><td width="89" valign="top"><p>4,233</p></td><td width="89" valign="top"><p>3,407</p></td><td width="89" valign="top"><p>2,964</p></td><td width="89" valign="top"><p>3,332</p></td></tr><tr><td valign="middle"><b>IDA</b></td><td width="89" valign="top"><p>817</p></td><td width="89" valign="top"><p>561</p></td><td width="89" valign="top"><p>340</p></td><td width="89" valign="top"><p>559</p></td><td width="89" valign="top"><p>552</p></td><td width="89" valign="top"><p>587</p></td></tr><tr><td height="20" colspan="7">Portfolio of operations under implementation as of June 30, 2024: $27.6 billion.<br><br></td></tr></tbody></table><p><b>Strengthening human capital: Health, education, and social protection services. </b>In fiscal 2024, we continued to prioritize human capital development, including in countries experiencing fragility, conflict, or violence. In Yemen, we are enabling the delivery of essential health, nutrition, water, sanitation, and hygiene services through additional financing of $150 million for the <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P181317">Emergency Human Capital</a><b> </b>project. Implemented by UN partners, this project is expected to benefit at least 19 million people, of whom 10 million are women and girls. We also approved an additional $150 million for the Emergency Social Protection Enhancement and COVID-19 Response Project in Yemen. This third round of financing will help millions of Yemenis as they address the chronic food insecurity and vulnerability exacerbated by the ongoing conflict, economic instability, and climate-related shocks.<b></b></p><p>We also committed $35 million in grants to support emergency relief in Gaza. Working with the World Food Programme, the World Health Organization, and the UN Children’s Fund, the grants support the delivery of emergency food, water, and medical supplies. In the West Bank, we approved a $30 million grant for the continuation of education for children, $22 million to support municipal services, and $45 million to strengthen healthcare and hospital services.</p><p><b>Enabling green and inclusive growth.</b> To help policymakers in the region advance their climate change and development goals, we published Country Climate and Development Reports for the West Bank and Gaza, Lebanon, and Tunisia. In Libya, the catastrophic flooding in September 2023 devastated eastern localities, particularly the city of Derna. The World Bank, together with the UN and the European Union, produced a <a href="https://www.worldbank.org/en/news/press-release/2024/01/24/joint-world-bank-eu-un-report-assesses-damages-caused-by-catastrophic-flooding-in-libya">Rapid Damage and Needs Assessment</a> to inform recovery and reconstruction efforts.</p><p>We signed a new <a href="https://www.worldbank.org/en/news/press-release/2023/10/24/world-bank-islamic-development-bank-partnering-to-drive-impact">Memorandum of Understanding (MoU)</a> with the Islamic Development Bank to promote further collaboration between our institutions. The MoU focuses on joint knowledge and operational engagements around the energy, food, and water nexus, climate impact, empowering women and youth to engage with the private sector, and advancing the digital transition and regional integration. The MoU aims to achieve a co-financing volume of $6 billion through 2026, 45 percent of which has already been met.</p><p><b>Expanding economic opportunities for women</b>. The World Bank has drawn on a variety of instruments to support Jordan’s commitment to increase female labor force participation, including through the recently approved <a href="https://www.worldbank.org/en/news/press-release/2024/04/08/jordan-new-5-year-country-partnership-framework-to-foster-inclusive-and-green-growth-and-promote-job-creation">Country Partnership Framework</a>. Through operations, technical assistance (such as <a href="https://www.worldbank.org/en/programs/mashreq-gender-facility">Mashreq Gender Facility</a>; <a href="https://we-fi.org/">Women Entrepreneurs Finance Initiative</a>; and the <a href="https://wbl.worldbank.org/en/wbl">Women, Business and the Law</a> report) and policy dialogue, we have contributed to legal reforms in Jordan that removed job restrictions on women, prohibited gender-based discrimination in the workplace, and criminalized sexual harassment in the workplace. In fiscal 2024, we approved the first women-focused Bank project in the region: the <a href="https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099030724090013143/bosib16cf79c7b0e11866f16620aa3ba670?_gl=1*648nao*_gcl_au*MjAxNTkwMjE5MS4xNzIwNzExMDY1">Jordan Enhancing Women's Economic Opportunities Program for Results</a> aims to improve workplace conditions, increase financial inclusion and entrepreneurship, make public transport safer, and increase access to affordable, quality childcare services.</p><p><b>Analyzing critical infrastructure needs.</b> We published an <a href="https://www.worldbank.org/en/news/press-release/2024/04/02/joint-world-bank-un-report-assesses-damage-to-gaza-s-infrastructure">Interim Damage Assessment</a> for Gaza in partnership with the UN and with financial support from the EU. This found that a preliminary estimate of the cost of damages to critical infrastructure from the conflict in Gaza between October 2023 and the end of January 2024 was around $18.5 billion—equivalent to 97 percent of the 2022 GDP of the West Bank and Gaza combined. When the situation allows, a full-fledged Rapid Damage and Needs Assessment will be conducted.</p><p style="text-align: right;"><b>Further Information: <a href="https://www.worldbank.org/en/region/mena" target="_blank">Middle East and North Africa Homepage ></a></b></p><h3> </h3><table cellpadding="1" cellspacing="0" border="1" width="100%"><tbody><tr><th scope="col">Country Impact</th></tr><tr><td><p><b>Egypt</b>: The Bank-supported Takaful and Karama social protection program has reached 4.7 million vulnerable households, benefiting approximately <a href="https://projects.worldbank.org/en/projects-operations/project-detail/P179665">20 million individuals, 75 percent of them women</a>.</p><p><b>Lebanon: </b>A roads project has rehabilitated over 500 km of roads in 25 districts across the country and generated <a href="https://thedocs.worldbank.org/en/doc/8cd47155fc156ae885f001cbf82f6e02-0280012021/original/Lebanon-REP-English-Final.pdf">1.3 million labor days for Lebanese workers and Syrian refugees</a>. </p><p><b>Morocco</b>: Our programs have benefitted more than <a href="https://www.worldbank.org/en/results/2024/04/18/from-disasters-to-opportunities-building-a-resilient-future-in-morocco">400,000 people directly</a>, and more than 33 million people indirectly, through more than 230 disaster risk reduction projects.</p></td></tr></tbody></table><p> </p><h3><div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-mena-780x439.jpg' class='img-responsive' alt='Middle East and North Africa' title=''></div></div></div></h3><h3><span style="font-weight: normal;"><b>Regional Snapshot</b></span></h3><table border="0" cellpadding="0" cellspacing="0" width="746"><tbody><tr><td height="32" width="291"><b>INDICATOR</b></td><td width="71"><b>2000</b></td><td width="71"><b>2012</b></td><td width="71"><b>CURRENT DATA<sup>a</sup></b></td></tr><tr><td height="20" width="512">Total population (millions)</td><td width="64">283.9</td><td width="64">356.2</td><td width="64">430.9</td></tr><tr><td height="20">Population growth (annual %)</td><td>2.0</td><td>1.8</td><td>1.5</td></tr><tr><td height="20">GNI per capita (Atlas method, current US$)</td><td>1,595.5</td><td>4,600.4</td><td>3,968.1</td></tr><tr><td height="20">GDP per capita growth (annual %)</td><td>4.0</td><td>1.7</td><td>1.2</td></tr><tr><td height="20">Population living below $2.15 a day (millions)</td><td>9.7</td><td>8.2</td><td>19.1</td></tr><tr><td height="20">Life expectancy at birth, females (years)</td><td>70.8</td><td>73.9</td><td>74.8</td></tr><tr><td height="20">Life expectancy at birth, males (years)</td><td>66.5</td><td>69.0</td><td>69.9</td></tr><tr><td height="20">Carbon dioxide emissions (megatons)</td><td>813.2</td><td>1,297.7</td><td>1,370.9</td></tr><tr><td height="20">Extreme poverty (% of population below $2.15 a day, 2017 PPP)</td><td>3.4</td><td>2.3</td><td>4.7</td></tr><tr><td height="20">Debt service as a proportion of exports of goods, services, and primary income</td><td>15.1</td><td>5.2</td><td>12.4</td></tr><tr><td height="20">Ratio of female to male labor force participation rate (%) (modeled ILO estimate)</td><td>24.5</td><td>26.2</td><td>23.2</td></tr><tr><td height="20">Vulnerable employment, total (% of total employment) (modeled ILO estimate)</td><td>35.4</td><td>31.7</td><td>31.4</td></tr><tr><td height="20">Under-5 mortality rate per 1,000 live births</td><td>46.7</td><td>29.0</td><td>20.9</td></tr><tr><td height="20">Primary completion rate (% of relevant age group)</td><td>81.4</td><td>88.9</td><td>86.7</td></tr><tr><td height="20">Individuals using the internet (% of population)</td><td>0.9</td><td>26.0</td><td>73.4</td></tr><tr><td height="20">Access to electricity (% of population)</td><td>91.4</td><td>94.7</td><td>96.9</td></tr><tr><td height="20">Renewable energy consumption (% of total final energy consumption)</td><td>3.0</td><td>2.6</td><td>2.9</td></tr><tr><td height="20">People using at least basic drinking water services (% of population)</td><td>86.5</td><td>90.6</td><td>93.7</td></tr><tr><td height="20">People using at least basic sanitation services (% of population)</td><td>79.4</td><td>86.2</td><td>90.4</td></tr><tr><td colspan="4" height="48" width="745"><p><b>Note: </b>ILO = International Labour Organization; PPP = purchasing power parity. </p><p>a. The most current data available between 2018 and 2023; visit <a href="https://data.worldbank.org/">https://data.worldbank.org</a> for data updates.</p></td></tr></tbody></table><h3><span style="font-weight: normal;"><a id="MNA-spotlight"></a><b>SPOTLIGHT: Mobilizing emergency support in Morocco</b></span></h3><p> <div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-annual-report-mena-story-780x439.jpg' class='img-responsive' alt='Middle East and North Africa' title=''></div></div></div><a name="_Hlk136423025" id="_Hlk136423025"></a>In September 2023, a 6.8-magnitude earthquake struck in the High Atlas Mountain range in Morocco, killing more than 2,900 people and affecting over 300,000 people in Marrakech and surrounding areas. The World Bank, which has a robust 65-year partnership with Morocco, reacted quickly to support the country’s post-disaster response. We conducted a rapid assessment of the damage and supported the Government to quickly disburse funds to affected people through an insurance regime, the Solidarity Fund, that had been pre-arranged with our support prior to the disaster. </p><p>Our lending portfolio in Morocco for disaster risk management and financing totals $580 million over the past five years. These funds have been instrumental in improving the institutional framework to scale up disaster risk reduction activities and strengthen financial resilience to natural disasters for the entire Moroccan population.</p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> </div> </div> </div> </div> </div> <div class="clearfix"></div> <div style="margin-bottom: 0px"></div> </div> </div> </div> <div class="dropdown-tabindex6 dropdown-tabshow " style="visibility: hidden; height: 0; opacity:0; display: none; margin-top:30px" data-comp-path=""> <div class="dropdownpar6 parsys"><div class="gridlayout parbase section"> <div class="row "> <div class="col-md-12 colsplit" id=""> <div class=" "> <div class="grid_12_par_0 parsys"> <div style="padding-left:0px;padding-right:0px;" class="remove-padding-grid" > <div class="annual_heading_logo section"> <div class="regional-heading"> <h2>South Asia</h2> </div> </div> <div class="annual_static_content section"> <section id ="sar"> <div class="c14v1-body c14v1-body-text flipboard-keep " > <h3><span style="font-weight: normal;"><b>At-A-Glance</b></span></h3><p>Across South Asia, we aim to boost water security and resilience to climate and disaster risks, support the renewable energy transition, and enable job creation. In fiscal 2024, the World Bank approved $9.4 billion for 35 operations in the region, including $3.2 billion in IBRD commitments and $6.2 billion in IDA commitments. We also supported 59 advisory services and analytical products for eight countries, totaling $62.8 million.</p><h4><span style="font-weight: normal;"><b>Regional Commitments and Disbursements for Fiscal 2022–24</b></span></h4><table border="0" cellpadding="0" cellspacing="0" width="448"><tbody><tr><td height="20" width="64"> </td><td colspan="3" width="192"><b>COMMITMENTS ($ MILLIONS)</b></td><td colspan="3" width="192"><b>DISBURSEMENTS ($ MILLIONS)</b></td></tr><tr><td height="20" width="64"><b> </b></td><td width="89" valign="top"><p>FY22</p></td><td width="89" valign="top"><p>FY23</p></td><td width="89" valign="top"><p>FY24</p></td><td width="89" valign="top"><p>FY22</p></td><td width="89" valign="top"><p>FY23</p></td><td width="89" valign="top"><p>FY24</p></td></tr><tr><td valign="middle"><b>IBRD</b></td><td width="89" valign="top"><p>4,781</p></td><td width="89" valign="top"><p>4,321</p></td><td width="89" valign="bottom"><p>3,143</p></td><td width="89" valign="top"><p>3,129</p></td><td width="89" valign="top"><p>3,290</p></td><td width="89" valign="top"><p>4,381</p></td></tr><tr><td valign="middle"><b>IDA</b></td><td width="89" valign="top"><p>4,217</p></td><td width="89" valign="top"><p>5,770</p></td><td width="89" valign="bottom"><p>6,239</p></td><td width="89" valign="top"><p>4,202</p></td><td width="89" valign="top"><p>4,646</p></td><td width="89" valign="top"><p>5,153</p></td></tr><tr><td height="20" colspan="7">Portfolio of operations under implementation as of June 30, 2024: $55.0 billion.<br><br></td></tr></tbody></table><p><b>Boosting water security for a climate-resilient future.</b> On average, 60 million people a year in South Asia have been affected by natural disasters since 2010. We are helping affected communities with investments that build resilience and improve productivity. In India, a new $300 million project will provide more and better access to water and sewer services to around 2 million people in 21 cities. In Bangladesh, we committed $102 million to support an economic corridor along the Jamuna River to enhance the livelihoods of residents and protect the unique ecosystem. In <a href="https://www.worldbank.org/en/news/press-release/2024/03/21/pakistan-two-new-world-bank-projects-to-support-the-digital-economy-and-increase-resilience-to-floods">Pakistan</a>, we committed just over $71 million in additional financing to continue supporting flood control and climate resilience in the highly vulnerable Sindh province, which bore the brunt of catastrophic floods in 2022. The Afghanistan Water Platform, which we co-chair with the UN, coordinates in-country humanitarian assistance and investments in water-related basic needs.</p><p><b>Supporting the transition to low-carbon and renewable energy</b>. We are working with countries across the region to help them achieve their emissions-reduction goals and increase the share of renewables in their energy mix. In Bangladesh, we committed $300 million to improve the efficiency of gas distribution and reduce methane emissions along the natural gas value chain. In Pakistan, we committed $1 billion to support the completion of a large hydropower project as part of our broader support to renewable energy generation. In Nepal, we signed a Memorandum of Understanding with the <a href="https://www.worldbank.org/en/news/press-release/2023/12/06/world-bank-and-asian-development-bank-join-forces-for-sustainable-development-of-nepal-s-hydropower-sector">Asian Development Bank</a> to strengthen the country’s hydropower sector through joint financing and advisory services. In Bhutan, we provided technical assistance to help establish rules and procedures for participation in carbon markets so the government can monetize emission reduction credits from hydropower and other renewable natural resources.</p><p><b>Enabling jobs to foster equality, prosperity, and resilience</b>. South Asia is not creating enough jobs to keep pace with its rapidly growing working-age population. Our latest <a href="https://www.worldbank.org/en/news/press-release/2024/04/02/despite-strong-growth-south-asia-remains-vulnerable-to-shocks"><i>South Asia Development Update</i></a> shows that private investment and robust growth of businesses and firms are essential to create the number and quality of jobs the region needs. To help close this gap, we are supporting countries through critical policy reforms, skills programs, and analytical work.</p><p>Following the economic crises in Sri Lanka and Pakistan, we are supporting a series of reforms to put both economies on a more sustainable growth path by boosting competitiveness and laying the foundation for a private-sector-led recovery and job creation. A critical area of focus is on increasing women's labor-force participation as only one in four women in South Asia are currently in the workforce.</p><p>We also support inclusive skills programs to better prepare people for gainful employment. In Bangladesh, we provided $300 million to equip about 900,000 disadvantaged rural youth—many of whom are female—with skills, alternative education, entrepreneurship support, and employment opportunities. In India, we have committed $100 million to training, upskilling, and providing more than 300,000 women and youth with jobs in high-growth sectors including renewable energy, information and technology services, and hospitality. We have also provided $74 million to India for a jobs-development project with leading private sector companies.</p><p>For Bhutan, whose increasingly educated workforce is emigrating at an unprecedented rate, we published a report on the national labor market with recommendations to support private sector job creation.</p><p style="text-align: right;"><b>Further Information: <a href="https://www.worldbank.org/en/region/sar" target="_blank">South Asia Homepage ></a></b></p><p> </p><table cellpadding="1" cellspacing="0" border="1" width="100%"><tbody><tr><th scope="col">Country Impact</th></tr><tr><td><p><b>Bangladesh</b>: With our support, girls now account for more than half of all secondary school enrollment and in the past six years, female labor force participation increased from <a href="https://www.worldbank.org/en/results/2023/11/20/bangladesh-a-fifty-year-partnership-in-development-achievements">36 percent to 43 percent</a>.<b></b></p><p><b>Maldives</b>: We are helping <a href="https://www.worldbank.org/en/results/2023/03/14/powered-by-the-sunshine-achieving-cheaper-cleaner-and-sustainable-energy-in-the-maldives#:~:text=World%20Bank%2Dfinanced%20projects%20ASPIRE,%24756%20million%20over%2025%20years.">install 53.5 megawatts of solar panels</a> on the islands and on the open ocean to create 50-megawatt hours of battery storage and upgrade the electricity grid to include cleaner energy sources.<b></b></p><p><b>Pakistan</b>: We helped double revenue collection at the provincial level in Khyber Pakhtunkhwa—from <a href="https://www.worldbank.org/en/results/2024/03/11/improving-public-finances-for-service-delivery-in-pakistan-s-khyber-pakhtunkhwa-province">$99 million in fiscal 2019 to $216 million in fiscal 2022</a>—through improved governance and fiscal management.</p></td></tr></tbody></table><p> </p><h3><div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-sar-780x439.jpg' class='img-responsive' alt='South Asia' title=''></div></div></div></h3><h3><span style="font-weight: normal;"><b>Regional Snapshot</b></span></h3><table border="0" cellpadding="0" cellspacing="0" width="746"><tbody><tr><td height="32" width="291"><b>INDICATOR</b></td><td width="71"><b>2000</b></td><td width="71"><b>2012</b></td><td width="71"><b>CURRENT DATA<sup>a</sup></b></td></tr><tr><td height="20" width="512">Total population (millions)</td><td width="64">1,406.9</td><td width="64">1,708.7</td><td width="64">1,938.5</td></tr><tr><td height="20">Population growth (annual %)</td><td>2.0</td><td>1.4</td><td>1.0</td></tr><tr><td height="20">GNI per capita (Atlas method, current US$)</td><td>442.1</td><td>1,383.5</td><td>2,388.1</td></tr><tr><td height="20">GDP per capita growth (annual %)</td><td>2.1</td><td>3.9</td><td>5.3</td></tr><tr><td height="20">Population living below $2.15 a day (millions)<sup>b</sup></td><td>590.3<sup>b</sup></td><td>339.4</td><td>186.9</td></tr><tr><td height="20">Life expectancy at birth, females (years)</td><td>63.9</td><td>69.5</td><td>70.1</td></tr><tr><td height="20">Life expectancy at birth, males (years)</td><td>62.0</td><td>65.9</td><td>66.4</td></tr><tr><td height="20">Carbon dioxide emissions (megatons)</td><td>1,073.0</td><td>2,147.9</td><td>2,518.4</td></tr><tr><td height="20">Extreme poverty (% of population below $2.15 a day, 2017 PPP)<sup>b</sup></td><td>40.4<sup>b</sup></td><td>19.9</td><td>9.7</td></tr><tr><td height="20">Debt service as a proportion of exports of goods, services, and primary income</td><td>17.1</td><td>7.4</td><td>9.9</td></tr><tr><td height="20">Ratio of female to male labor force participation rate (%) (modeled ILO estimate)</td><td>35.1</td><td>34.4</td><td>41.4</td></tr><tr><td height="20">Vulnerable employment, total (% of total employment) (modeled ILO estimate)</td><td>79.6</td><td>75.3</td><td>69.9</td></tr><tr><td height="20">Under-5 mortality rate per 1,000 live births</td><td>93.5</td><td>57.0</td><td>35.9</td></tr><tr><td height="20">Primary completion rate (% of relevant age group)</td><td>67.5</td><td>84.2</td><td>99.3</td></tr><tr><td height="20">Individuals using the internet (% of population)</td><td>0.5</td><td>10.1</td><td>42.6</td></tr><tr><td height="20">Access to electricity (% of population)</td><td>57.9</td><td>79.5</td><td>98.3</td></tr><tr><td height="20">Renewable energy consumption (% of total final energy consumption)</td><td>49.4</td><td>37.6</td><td>37.8</td></tr><tr><td height="20">People using at least basic drinking water services (% of population)</td><td>81.4</td><td>87.8</td><td>93.1</td></tr><tr><td height="20">People using at least basic sanitation services (% of population)</td><td>17.8</td><td>49.1</td><td>75.5</td></tr><tr><td colspan="4" height="48" width="745"><p><b>Note: </b>ILO = International Labour Organization; PPP = purchasing power parity. </p><p>a. The most current data available between 2019 and 2023; visit <a href="https://data.worldbank.org/">https://data.worldbank.org</a> for data updates.</p><p>b. Data from 2002.</p></td></tr></tbody></table><h3><span style="font-weight: normal;"><a id="SAR-spotlight"></a><b>SPOTLIGHT: Catalyzing India’s low-carbon energy transition</b></span> <div class= 'c14v1-body' style='float: none;'><div class='c14v1-full-size'><div class='c14v1-full'><img src='/content/dam/photos/780x439/2024/sep/2024-wbg-annual-report-sar-story-780x439.jpg' class='img-responsive' alt='South Asia' title=''></div></div></div></h3><p>As one of the world's fastest-growing large economies, India is at a pivotal juncture in its development. While India’s per capita energy consumption is just one-third of the global average, its energy demand is expected to grow rapidly as the economy expands.</p><p>India has set a goal to achieve net zero emissions by 2070, a vision that requires a transformative shift to phase down fossil fuels. Green hydrogen is a core technological innovation that can shift energy-intensive sectors like cement, fertilizer, and steel to a low-carbon path. India aims to develop a green hydrogen industry to create jobs and boost energy security.</p><p>The World Bank is supporting this transition with two development policy operations worth $3 billion. This strategic financing is designed to catalyze India's development of low-carbon energy across three interconnected areas: the emergence of a green hydrogen industry, the expansion of renewable energy, and the mobilization of climate finance.</p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> </div> </div> </div> </div> </div> <div class="clearfix"></div> <div style="margin-bottom: 0px"></div> </div> </div> </div> </div> </div> <script> $(document).ready(function(){ var qParam = ''; var params = document.location.search.split('&'); params.forEach(function(param){ if(param.indexOf('dropid=')>-1){ qParam = param.split('=')[1]; } }); if(qParam != undefined && qParam!=''){ $(" #dropdown-tab li a[id="+qParam+"]").click(); } }); $("#dropdown-tab li a").click(function(e){ e.preventDefault(); var toreplace = '?dropid=' + $(this).closest(".open").find(".filter-option").attr('currentid'); 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