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 ...

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 ...

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 ...

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 ...

Economies do better at enacting regulations to improve the national business climate than they do in providing the public ...

What does the world need to do to become “Business Ready”? A healthy business environment and strong private sector are ...

The East Asia and Pacific region stands as a remarkable example of economic development on the global stage. With consistently high growth rates and broadly shared benefits, it has become a paragon of ...

The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the World Health Organization (WHO) have agreed on broad principles for cooperation on pandemic preparedness.

With support from the World Bank and the Global Financing Facility (GFF), Nigeria strengthened primary health care and expanded critical services to women, children and adolescents. Despite progress, ...

Skopje, October 7, 2024 - North Macedonia could face economic damages of up to 4 percent of its gross domestic product (GDP) by 2050 due to the impact of changing climate, highlights the World Bank ...

WASHINGTON, October 3, 2024 – The World Bank’s Board of Executive Directors approved a financial package of $800 million in highly concessional loans to support Uzbekistan’s reform agenda geared ...