The World Bank updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert ...
TOKYO, June 1, 2026 — World Bank Group President Ajay Banga and Minister of Finance of Japan Satsuki Katayama today agreed to strengthen collaboration on helping developing countries build more ...
The Heads of the International Energy Agency, International Monetary Fund, World Bank Group and World Trade Organization met on May 28 as part of the high-level coordination group established in April ...
Water drives over half of Mozambique's economy, 90% of exports, and 84% of jobs—yet floods and droughts cost 6.7% of GDP each year. A new World Bank Water Security Diagnostic and the ProAguas Compact ...
The World Bank Group has seen an increase in the volume and sophistication of scams using names of the institutions of the World Bank Group (IBRD, IDA, IFC, MIGA, ICSID), its individual/group logos ...
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SEOUL, KOREA, December 6, 2024 — The World Bank Group today unveiled a record $100 billion replenishment of the International Development Association (IDA), marking a significant moment for global ...
How is climate change affecting global food security today and what can we expect in the future? We asked William R. Sutton, Global Lead for Climate Smart Agriculture for the World Bank, to explain ...
Over the past decade, the African Centers of Excellence (ACE) have trained thousands of students in key fields such as health, agriculture, digital technology, energy, and the environment. But behind ...
Hanoi, September 8, 2025 —Viet Nam’s economy is expected to expand at 6.6 percent in 2025, supported by a strong first half when growth accelerated to 7.5 percent, according to the World Bank’s latest ...
Macroeconomic conditions have improved in 2025, with a more stable exchange rate and easing inflation. Growth is projected at 4.2% over the year, driven by tourism, transport, and steady expansion in ...
The COVID-19 pandemic has spread with alarming speed, infecting millions and bringing economic activity to a near-standstill as countries imposed tight restrictions on movement to halt the spread of ...
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