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 ...

WASHINGTON, October 16, 2024 — Growth continues to be subdued in the Middle East and North Africa (MENA) because of uncertainties heightened by the conflict in the region, says the World Bank in its ...

ABUJA, October 17, 2024 – Since May 2023, Nigeria has implemented significant reforms to stabilize its economy, resulting in modest growth, improved fiscal health, and rising foreign exchange reserves ...

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 ...

Growth in South Asia is expected to increase to 6.4 percent this year, exceeding earlier projections and keeping the region on track to be the fastest growing in the world. Unlocking untapped ...

WASHINGTON, Oct. 15, 2024 – At today’s feeble pace, 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, ...

Developing East Asia and Pacific (EAP) is continuing to grow faster than the rest of the world in 2024, but slower than before the pandemic, the World Bank said in its semi-annual economic outlook for ...

VIENNA, October 17, 2024 – Economic growth in the Western Balkans is projected to moderately accelerate through 2025, mainly driven by increased consumption and investment, helped by increased ...

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 ...