News - World Bank Group
Nov 7, 2024 · Top News, Press Releases, Statements, Speeches & Transcripts, Videos, Podcasts and more from The World Bank Group.
All News - World Bank Group
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 knowledge of what works, and measure progress.
Risk of Global Recession in 2023 Rises Amid ... - World Bank Group
Sep 15, 2022 · As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging market and developing economies that would do them lasting harm, according to a comprehensive new study by the World Bank.
World Bank Announces New Steps to Add Billions in Financial …
The World Bank is taking bold new steps to increase its lending capacity, a major boost in firepower that will give millions of people a chance to escape poverty and improve their lives.
World Bank Group - International Development, Poverty and …
Oct 31, 2024 · Essential data to guide decisions, monitor progress, and evaluate impact. With 189 member countries, the World Bank Group is a unique global partnership fighting poverty worldwide through sustainable solutions.
World Bank Group’s $157 Billion Pandemic Surge Is Largest Crisis ...
WASHINGTON, July 19, 2021 - In response to COVID-19 severely damaging the lives and livelihoods of millions of people in developing countries, the World Bank Group deployed over $157 billion to fight the pandemic’s health, economic, and social impacts over the last 15 months (April 1, 2020 – June 30, 2021). This is the largest crisis ...
Global Economy on Precarious Footing Amid High Interest Rates
Jun 6, 2023 · Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates, according to the World Bank’s latest Global Economic Prospects report.
World Bank Group Responds to Overlapping Crises with Nearly …
“The World Bank Group has responded with urgency, scale, and impact. We have committed consecutive surges of financing, analytical support, and policy advice, first in response to the COVID-19 pandemic, and now to address the food crisis, the war in …
World Bank Group Ramps Up Financing to Help Countries Amid …
WASHINGTON, April 19, 2022 —The World Bank Group has announced that over the coming weeks it will be discussing with its Governors and Board of Executive Directors a 15-month crisis response financing package of around $170 billion to …
Global Growth Is Stabilizing for the First Time in Three Years
Jun 11, 2024 · The global economy is expected to stabilize for the first time in three years in 2024—but at a level that is weak by recent historical standards, according to the World Bank’s latest Global Economic Prospects report.