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, ...

October 16, Yerevan – Less than half of working age women in Armenia participate in the labor force mainly due to caregiving responsibilities for children and disabled family members. Those who do ...

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 ...

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 ...

The World Bank and the Government of Sri Lanka today signed the Second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation (DPO) for $200 million. This is the second ...

Latin America and the Caribbean will grow 1.9 percent in 2024. In 2025, the region is forecast to grow 2.6 percent. These are the lowest rates among all global regions ...

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 ...