Domestic food price inflation remains high around the world. Information between September to December 2022 shows high inflation in almost all low-income and middle-income countries; 94.1% of low-inco...
WASHINGTON, August 8, 2022—The World Bank Group today announced $4.5 billion in additional financing mobilized for #ukraine under the Public Expenditures for Administrative Capacity Endurance in #ukra...
WASHINGTON, March 7, 2022—The World Bank Board of Executive Directors today approved a supplemental budget support package for #ukraine, called Financing of Recovery from Economic Emergency in #ukrain...
WASHINGTON, May 12, 2021 — Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to low- and midd...
PARIS/WASHINGTON, January 11, 2021— The World Bank plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote livelihoo...
WASHINGTON, December 2, 2020 – COVID-related school closures risk pushing an additional 72 million primary school aged children into learning poverty—meaning that they are unable to read and understan...
As the world struggles to make sense of COVID-19, the term "inclusive recovery" has become commonplace in the emergency response to the pandemic. In reimagining the post-COVID-19 future, policy makers...
Climate Action: A Catalyst for ChangeIn 2016, Category 4 Hurricane Matthew made landfall in Haiti: one of the world’s poorest countries, that has already endured decades of political upheaval, poverty...
Immediately after the massive blast that rocked the port of Beirut on August 4, #theworldbankgroup (WBG) in cooperation with the United Nations (UN) and the European Union (EU) launched a Rapid Damage...
This week has been a busy one, and I would like to provide an update about recent developments in our work here at #theworldbankgroup on issues of debt transparency and sustainability, vaccine and hea...
The next few weeks mark the beginning of the school year across the northern hemisphere. Per the World Bank School Closure data, (School Closures and Affected Students by country; a World Bank trackin...
Story HighlightsNew trends in global trade—especially the rise in services, global value chains, and the digital economy—are opening up important economic opportunities for women.Trade has the potenti...
WASHINGTON, July 21, 2020 — Estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion cubic meters (bcm), equivalent to the total annual ...
As cities gradually exit COVID-19 quarantines and reopen their economies, some observers are suggesting that public transport might increase contagion risk and that private cars should be considered t...
The coronavirus pandemic has taken a drastic human toll, with close to 15 million confirmed cases of COVID-19 and over 600,000 deaths around the world by mid July. As the geography of the outbreak c...
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