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 ...
NEW DELHI, April 9, 2026 — Growth in India is projected at 6.6% in FY27, as higher energy prices caused by the Middle East conflict and supply chain disruptions weigh on economic activity. But even ...
WASHINGTON, Apr. 8, 2026 — 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 ...
On this International Women’s Day, we highlight how women across East Asia and Pacific are building a resilient future through access to resources, services, jobs, and economic opportunities with the ...
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 ...
KABUL, October 23, 2025 — The 6.0 magnitude earthquake that struck eastern Afghanistan on August 31 caused an estimated US$183 million in direct physical damages to buildings and infrastructure, ...
The path forward requires bold action to transformative solutions that leverage the region’s vast resources for growth and prosperity. But turning that potential into real, inclusive progress means ...
THIMPHU, September 30, 2025 — Migration of Bhutan’s educated young and its skilled professionals in recent years has been concerning to the Royal Government of Bhutan and international partners, says ...
New report estimates wasted gas amounts to Africa’s annual gas consumption. WASHINGTON, July 18, 2025—Global gas flaring surged for a second year in a row, wasting about $63 billion in lost energy and ...
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