Growth in South Asia is expected to increase to 6.4 percent this year, exceeding earlier projections and keeping the region on track to be the fastest growing in the world. Unlocking untapped ...

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 ...

The East Asia and Pacific region stands as a remarkable example of economic development on the global stage. With consistently high growth rates and broadly shared benefits, it has become a paragon of ...

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 ...

Despite progress over the past decades, child malnutrition remains high and adult obesity rates are increasing. Investments to scale up high-impact nutrition interventions could save the lives of 6.2 ...

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 ...

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 ...

Despite an improvement in near-term prospects, the global outlook remains subdued by historical standards. In 2024-25, growth is set to underperform its 2010s average in nearly 60 percent of economies ...

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.