The World Bank is extending a new lifeline to small islands and other small states struck by earthquakes and tropical storms, allowing governments to focus on disaster recovery instead of debt ...
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It is estimated that more than US$400 million was claimed in ransoms for pirate acts between April 2005 and December 2012. 179 ships were hijacked off the coast of Somalia and the Horn of Africa ...
According to the World Bank’s latest China Economic Update, Advancing Reforms, Enhancing Prospects, growth is estimated at 4.9% in 2025 and projected at 4.4% in 2026, as existing headwinds are ...
The COVID-19 pandemic has spurred financial inclusion – driving a large increase in digital payments amid the global expansion of formal financial services. This expansion created new economic ...
Four years into the economic and financial crisis, Lebanon’s macroeconomic framework remains severely impaired. According to the latest World Bank Lebanon Economic Monitor released today, the ...
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 ...
Kenya’s economy is projected to grow by an average 4.9% between 2025 and 2027, an increase from previous estimate. However, fiscal pressures are intensifying, with the FY2024/25 deficit widening to ...
The latest conflict in the Middle East has taken a serious and immediate economic toll on countries in the surrounding region. The closure of the Strait of Hormuz and destruction of energy and public ...
The World Bank Group’s new “Digital Progress and Trends Report 2023” provides a sweeping analysis of countries’ production and use of digital technologies—from digital jobs, digital services exports, ...
Spanning 2,000 km2, the Matanza-Riachuelo basin is home to 10 percent of Argentina's population. Its 16 kilometers are recognized as one of the most contaminated waterways in Latin America. The mega ...
The Food Systems, Land Use and Restoration (FOLUR) Impact Program The Food Systems, Land Use and Restoration (FOLUR) Impact Program is based on the growing recognition that food production systems and ...