Transport connects people to jobs, education, health care, and opportunities, but exacts a heavy toll on people and the planet, with the poorest countries and communities paying the heaviest toll. To ...

Economic growth in the developing economies of Europe and Central Asia is stabilizing after a series of crises but at levels well below the early-2000s.

The World Bank Group has set a clear mission: ending poverty and boosting shared prosperity on a livable planet. This report offers the first post-pandemic assessment of global progress toward these ...

The United States was a leading force in the establishment of the World Bank in 1944 and remains the largest shareholder of the World Bank today. As the only World Bank shareholder that retains veto ...

The World Bank Group announced on Tuesday a package of financial measures that will boost lending capacity and make loans ...

It could take more than a century to eliminate poverty as it is defined for nearly half the world – people who live on less than $6.85 per day, according to the World Bank’s new Poverty, Prosperity, ...

As Share of GDP, Global Aid to 26 Low-Income Economies Falls to 21-Year Low WASHINGTON, October 13, 2024—The world’s 26 poorest economies—home to about 40 percent of all people who live on less than ...

ALMATY, October 14-15, 2024 – The “Strengthening Financial Resilience and Accelerating Risk Reduction in Central Asia” program (SFRARR) – funded by the European Union (EU) and implemented by the ...

Conflicts in Ethiopia have devastated communities, and the resulting loss of services and breakdown in social support systems have made it harder to access lifesaving gender-based violence response ...