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

As Share of GDP, Global Aid to 26 Low-Income Economies Falls to 21-Year Low WASHINGTON, October 13, 2024—The world’s 26 poorest economies—home to about 40 percent of all people who live on less than ...

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 ...

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, ...

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 ...

LIBREVILLE, October 14th, 2024 - Released today by the World Bank, the Gabon Economic Update 2024 presents fiscal policy reforms to optimize fiscal revenues while allowing Gabon to advance the green ...

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, ...

The World Bank is launching Education Business Plan 2030 for Eastern and Southern Africa, to prepare over 200 million children and youth to transform Africa's future. The goal is for all children and ...

WASHINGTON, October 14, 2024 – 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 ...

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 ...