World Bank

World Bank and ADB Announce Pacific Projects Under New Full Mutual Reliance Framework

The Full Mutual Reliance Framework (FMRF) is a landmark collaboration between the World Bank and the Asian Development Bank, designed to deepen the two institutions’ collaboration on cofinanced public ...
Devdiscourse

Why Early and Substantive Project Restructuring Improves World Bank Project Performance

The paper shows that World Bank projects that restructure during implementation perform better, with improvements in ...
World Bank

Asian Development Bank and the World Bank Group Announce Pacific Projects as First Proposed Under Groundbreaking Partnership Initiative

MANILA, PHILIPPINES, December 4, 2025 — World Bank Group President Ajay Banga and Asian Development Bank (ADB) President Masato Kanda today announced the first two Pacific projects to be delivered ...
Reuters

ADB, World Bank launch Pacific islands projects under new cofinancing model

MANILA, Dec 4 (Reuters) - The Asian Development Bank and the World Bank on Thursday launched two Pacific islands projects under a first-of-its-kind cofinancing model that aims to streamline processes ...