The World Bank Group (WBG) is the premiere multilateral development bank working for sustainable solutions to reduce poverty and build shared prosperity in developing countries.
The WBG has been working with ADB since 1972. It prioritizes development projects on health, education, infrastructure, agriculture, public administration, macroeconomic management, institutional development, governance, financial and private-sector development, environmental protection, and natural resource management. In 2018, ADB and the World Bank signed on an arrangement that allows a more efficient procurement framework for executing and implementing agencies.
In 2019, the World Bank cofinanced projects in the Pacific to support reforms on public sector management in Fiji, Tonga, and Tuvalu.