By Rosemary Iwuala David Malpass, The World Bank Group President, says global growth is expected to be weak in 2023, slowing to two per cent from...
The World Bank Group has delivered a record $31.7 billion in fiscal year 2022 (FY22) to help countries address climate change. This is a 19% increase...
The World Bank Group has again raised concerns over the bloating debt burden of the globe’s 73 least developed countries, which rose by 9.5 per cent...
Eight out of 10 ‘new poor’ will be in middle-income countries _________________________________ Global extreme poverty is expected to rise in 2020 for the first time in...
The World Bank has announced plans for a $12 billion coronavirus financing initiative that will help poor and developing countries purchase enough Covid-19 vaccine doses to...
I would like to provide another update on some of the work underway at the World Bank Group to address the COVID-19 pandemic and other significant...