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31 May 24
Egypt is to quadruple the price of subsidised bread in a move likely to lead to a backlash among a population grappling with poverty and soaring inflation.
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13 Feb 24
Three loans will finance Colombia’s programme of social and development reforms, with policies aiming to address inequality, protect the environment and maintain peace with militant groups.
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13 Oct 23
“Understandable” frustration from the Global South because of an unfair economic system is risking progress towards a better world, the head of the World Bank has said.
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15 Sep 23
One in six children worldwide lives in extreme poverty and at the current rate the commitment to reduce that to zero by the end of this decade will be missed.
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13 Jun 23
The European Union has agreed a package of more than €1bn with Tunisia containing significant support for the latter’s border controls, as well as finance linking to other areas of reform.
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23 May 23
The international finance system “reflects power relations of 1945” and needs to be updated, said António Guterres.
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28 Apr 23
A World Bank programme aimed at boosting Bangladesh’s hope of reaching ‘upper-middle-income’ status by 2031 had been approved and backed with $1.25bn of financing.
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30 Jan 23
Boosting welfare and access to services should provide all European Union citizens with a level of income that keeps them out of poverty, bloc officials have said.
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11 Jan 23
Egypt will reduce the state’s role in the economy – including its military, which has grown its footprint rapidly in the decade since a 2013 coup – in a bid to boost growth, the president has agreed...
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18 Nov 22
Most people in Nigeria lack adequate access to cooking fuel, water sanitation, healthcare, food security and housing, the nation’s official statistics body has found.
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28 Sep 22
European Union countries should ensure their citizens are guaranteed a sufficient ‘minimum income’ to live in “dignity at all stages of life”, according to the bloc’s executive arm – but officials...
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16 Sep 22
Central banks raising interest rates to slow inflation risk “devastating” the lives of people in poorer countries if their actions push those countries into recessions, World Bank president David...
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25 Aug 22
The economic impacts of the Covid-19 pandemic have put the brakes on reducing extreme poverty in the Asia Pacific region, economists at the Asian Development Bank have said.
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4 Aug 22
Transatlantic slavery has left such long-lasting damage on Africa and Africans that the continent deserves an apology and financial reparations from the European powers responsible, according to...
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29 Jul 22
Sri Lanka needs to implement “deep structural reforms” before it can receive any new financial support from the World Bank, which has released a statement in response to the continuing economic...
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28 Jun 22
The Voting power of an ageing population means governments are making bad long-term economic decisions for short-term electoral gain.
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27 Jun 22
Pakistan’s prime minister has said a new “super tax” levied on big industries and a “poverty alleviation tax” on the country’s richest residents will cut the deficit and help fund measures aimed at...
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12 May 22
The Lebanese political establishment is “completely out of touch with reality” according to a United Nations report that had particularly harsh words about the country’s central bank’s role in the...
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12 May 22
OECD countries are close to meeting just a quarter of measurable targets under the United Nations’ Sustainable Development Goals, with the 2030 deadline looming.
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3 May 22
The World Bank Group has announced an upward revision to the universal measure to indicate the level of extreme poverty.
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27 Apr 22
The World Bank has warned that historically high prices of food and energy could last until the end of 2024, and urged governments to build up safety nets for vulnerable citizens.
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13 Apr 22
Governments have been urged to take action against the concentration of wealth and income in a small section of the global population, creating inequality and fuelling inflation.
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1 Apr 22
Sustaining China’s unprecedented success in ending extreme poverty will need “vigorous measures” revitalising the country’s rural areas, the World Bank has said.
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11 Mar 22
Countries in the Southern African Customs Union need to get a grip on persistently high inequality in order to give people better life chances, a World Bank report has urged.
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10 Feb 22
European Union development spending has succeeded in reducing some of the development disparity between the bloc’s regions, a report has found.
31 May 24Egypt is to quadruple the price of subsidised bread in a move likely to lead to a backlash among a population grappling with poverty and soaring inflation.
13 Feb 24Three loans will finance Colombia’s programme of social and development reforms, with policies aiming to address inequality, protect the environment and maintain peace with militant groups.
13 Oct 23“Understandable” frustration from the Global South because of an unfair economic system is risking progress towards a better world, the head of the World Bank has said.
15 Sep 23One in six children worldwide lives in extreme poverty and at the current rate the commitment to reduce that to zero by the end of this decade will be missed.
13 Jun 23The European Union has agreed a package of more than €1bn with Tunisia containing significant support for the latter’s border controls, as well as finance linking to other areas of reform.
23 May 23The international finance system “reflects power relations of 1945” and needs to be updated, said António Guterres.
28 Apr 23A World Bank programme aimed at boosting Bangladesh’s hope of reaching ‘upper-middle-income’ status by 2031 had been approved and backed with $1.25bn of financing.
30 Jan 23Boosting welfare and access to services should provide all European Union citizens with a level of income that keeps them out of poverty, bloc officials have said.
18 Nov 22Most people in Nigeria lack adequate access to cooking fuel, water sanitation, healthcare, food security and housing, the nation’s official statistics body has found.
28 Sep 22European Union countries should ensure their citizens are guaranteed a sufficient ‘minimum income’ to live in “dignity at all stages of life”, according to the bloc’s executive arm – but officials...
16 Sep 22Central banks raising interest rates to slow inflation risk “devastating” the lives of people in poorer countries if their actions push those countries into recessions, World Bank president David...
25 Aug 22The economic impacts of the Covid-19 pandemic have put the brakes on reducing extreme poverty in the Asia Pacific region, economists at the Asian Development Bank have said.
4 Aug 22Transatlantic slavery has left such long-lasting damage on Africa and Africans that the continent deserves an apology and financial reparations from the European powers responsible, according to...
29 Jul 22Sri Lanka needs to implement “deep structural reforms” before it can receive any new financial support from the World Bank, which has released a statement in response to the continuing economic...
28 Jun 22The Voting power of an ageing population means governments are making bad long-term economic decisions for short-term electoral gain.
27 Jun 22Pakistan’s prime minister has said a new “super tax” levied on big industries and a “poverty alleviation tax” on the country’s richest residents will cut the deficit and help fund measures aimed at...
12 May 22The Lebanese political establishment is “completely out of touch with reality” according to a United Nations report that had particularly harsh words about the country’s central bank’s role in the...
12 May 22OECD countries are close to meeting just a quarter of measurable targets under the United Nations’ Sustainable Development Goals, with the 2030 deadline looming.
3 May 22The World Bank Group has announced an upward revision to the universal measure to indicate the level of extreme poverty.
27 Apr 22The World Bank has warned that historically high prices of food and energy could last until the end of 2024, and urged governments to build up safety nets for vulnerable citizens.
1 Apr 22Sustaining China’s unprecedented success in ending extreme poverty will need “vigorous measures” revitalising the country’s rural areas, the World Bank has said.
11 Mar 22Countries in the Southern African Customs Union need to get a grip on persistently high inequality in order to give people better life chances, a World Bank report has urged.
