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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.
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 …
World Bank Group Annual Report 2024. Responding to intertwined challenges and becoming a faster, simpler, and more efficient World Bank Group. https://www.worldbank.org/en/about/annual-report. Read Full Report.
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 ...
Risk of Global Recession in 2023 Rises Amid ... - World Bank Group
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 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.
World Bank Group Responds to Overlapping Crises with Nearly …
Jul 14, 2022 · “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 Ukraine, and its spillover effects.”
Global Community Steps Up with $93 Billion Support ... - World …
Dec 15, 2021 · The World Bank today announced a $93 billion replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient, and inclusive future.