East Asia and the Pacific, seen in the context of the world economy, stands out as a paragon of development. The region continues to grow relatively fast, and the benefits are widely shared. But the ...

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 ...

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 ...

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 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 ...

Report launched on End Poverty Day outlines new findings and how Tonga can secure progress into the future NUKU’ALOFA, Tonga, October 17 – The World Bank has launched the Tonga Poverty and Equity ...

Jordan’s National Aid Fund Cash Transfer Program has helped provide monthly support to 220,000 households in Jordan. With an estimated coverage of 62 percent of the poor in 2021, Jordan’s cash ...

Raising female labor force participation rates in the region to those of men could increase regional incomes per capita by up to 51 percent. South Asia has witnessed strong economic growth over the ...

TIRANA, October 17, 2024 – Albania’s economic growth in 2024 is expected to stay strong at 3.3%, driven by private consumption, tourism, and construction, according to the latest Western Balkans ...

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 ...

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 ...