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20 Feb 20
Huge amounts of international aid meant for some of the world’s poorest people is ending up in tax havens, according to a report by World Bank economists.
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17 Feb 20
Eastern Caribbean countries should focus on three core opportunities for transforming the region’s economy, according to a World Bank official.
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10 Feb 20
Many areas are being ‘left behind’ in the Middle East and North Africa, with location regularly forming a barrier to prosperity for the region’s citizens, a World Bank report has found.
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17 Jan 20
Vietnam must develop quality infrastructure if it wants to expand its economy, the World Bank has said.
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10 Jan 20
The global economy will grow slightly faster in 2020 than it did last year, the World Bank said as it announced its growth projection of 2.5%.
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9 Jan 20
Burdensome debts are forcing poor countries to cut public spending - a situation campaigners have described as a “recipe for disaster”.
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20 Dec 19
Poor countries’ debt reached a record $55trn in 2018, after the fastest surge in nearly 50 years, a World Bank study has found.
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19 Dec 19
A huge hydropower project in the Solomon Islands will “open the door” for more public-private partnership schemes, prime minister Manasseh Sogavare has said.
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12 Dec 19
Poverty reduction is slowing in Tanzania despite sustained economic growth, the World Bank has warned.
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21 Nov 19
Emerging and developing economies are less prepared for a crisis than they were in 2008, a World Bank study has found.
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19 Nov 19
European countries need to rebuild trust in their public institutions to protect economic growth and shield against future crises, the World Bank has claimed.
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12 Nov 19
Ukraine’s president has approved a wide-ranging package of reforms and deregulations he hopes will create significant economic growth in the Eastern European country.
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8 Nov 19
The World Bank has warned the Lebanese president that poverty could rise by half if the economic situation in the country worsens.
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4 Nov 19
Fiscal federalism will help Nepal improve its public services, the World Bank has said after a visit to the country by executive directors.
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1 Nov 19
Investment in the digital economy will help enhance Kenya’s reputation as the “silicon savannah”, and narrow the rural-urban economic divide, according to World Bank economists.
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31 Oct 19
A $100m project in Bangladesh, financed by a loan from the World Bank, will result in an additional 600,000 people having access to clean drinking water and improved sanitation.
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28 Oct 19
Madagascar has a “window of opportunity” to transform its economy to boost job creation and lift people out of poverty, according to the World Bank.
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25 Oct 19
Improving people’s access to transport in rural areas would connect billions more to education, healthcare and jobs, the World Bank has claimed.
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22 Oct 19
China must “substantially restructure” its approach to development finance through its Belt and Road Initiative to quash accusations of ‘debt trap diplomacy’, a think-tank has said.
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18 Oct 19
Economic challenges have slowed the rate of poverty reduction in Central Asia, the World Bank has warned.
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14 Oct 19
Growth in South Asia is projected to slow, the World Bank has warned, and a rebound is uncertain in the short term.
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9 Oct 19
More than 700 million people worldwide still live in extreme poverty but it is possible to leverage scarce development resources to help change that, says the World Bank’s Akihiko Nishio.
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4 Oct 19
World Bank data has shown foreign debt burden on developing countries rose to $7.8tn in 2018, causing concern over governments’ sustainability and their future ability to invest in development.
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30 Sep 19
Health and education spending “will be key” to unlocking the productive potential of Sri Lanka, according to the World Bank.
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26 Sep 19
Bulgarian economist Kristalina Georgieva has been selected to be the IMF’s new managing director, at a time when, she said, the fund has “never been more important”.