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 ...

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

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 ...

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

We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research help us understand these challenges and set priorities, share ...

Tanzania’s growth has remained resilient, accompanied by low Inflation. Fiscal and current account deficits are narrowing, driven by improved tax collection and strong trade performance. Pressures in ...

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.

Poverty has increased slightly amid recent shocks, despite some economic stabilization. Pakistan made significant progress towards reducing poverty between 2001 and 2018 with the expansion of off-farm ...

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 ...

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, ...

Bulgaria has undergone a significant transformation over the past three decades. It has transformed from a highly centralized, planned economy to an open, market-based, upper-middle-income economy ...