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

The world’s 26 poorest economies, home to about 40 percent of all people who live on less than $2.15 a day, are deeper in ...

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.

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, ...

Despite signs of a fragile economic recovery, Sub-Saharan Africa, remains stuck in “low gear” with a large youth population at risk of being left behind. According to the latest edition of Africa ...

In 2021, ten Multilateral Development Banks (MDBs) signed a Joint Statement on Nature, People, and Planet, recognizing that tackling global poverty, climate change, and the drivers of nature loss are ...

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 ...

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 ...

Malaysia’s economy is expected to grow by 4.9 percent in 2024, up from 3.6 percent in 2023, following a stronger-than-anticipated performance in 1H 2024. This revised forecast is 0.6 percentage points ...

SUVA, October 15, 2024 — The World Bank today launched its latest Pacific Economic Update, calling for a major boost in investment to address the region's slowing economic growth. The report, ...