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 ...

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 ...

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 ...

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 ...

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, ...

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 ...

WASHINGTON, October 16, 2024 — The new Country Partnership Framework (CPF) for Cambodia for 2025–2029 seeks to address three interlinked goals: improving health and basic education, enhancing ...

WASHINGTON, October 17, 2024—Economic growth in the developing economies of the Europe and Central Asia region is stabilizing after a series of crises but at levels well below the early-2000s, says ...

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 ...

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 ...