Impact of COVID-19 on Commodity Markets Heaviest on Energy Prices
While metal and agricultural commodities have recouped their losses from the COVID-19 pandemic and are expected to make modest gains in 2021, energy prices,...
Pakistan: Stronger Public Financial Management and Digital Services to Support Growth
Today, the World Bank’s Board of Executive Directors approved $304 million in financing for Punjab Resource Improvement and Digital Effectiveness Program (PRIDE). The program...
Vietnam Signs Landmark Deal with World Bank to Cut Carbon Emissions
Vietnam’s Ministry of Agriculture and Rural Development signed a landmark agreement today with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking up to...
Collapsing consumer demand amid lockdowns cripple Asia-Pacific garment industry
The COVID-19 pandemic has triggered government lockdowns, collapsed consumer demand, and disrupted imports of raw materials, battering the Asia Pacific garment industry especially hard,...
UN chief calls for end to reported police brutality in Nigeria
The UN Secretary-General on Wednesday said he was closely following recent developments across Nigeria, in the wake of reports that protesters had been shot dead and wounded, and called for “an...
A few ‘green shoots’, but future of global trade remains deeply uncertain
Although global trade is making a frail recovery, the outlook remains uncertain, UN trade and development body UNCTAD said on Wednesday, in announcing its...
Burkina Faso ‘one step short of famine’
Unless access is urgently granted to humanitarian organizations, thousands in the Central Sahel will be “pushed into further destitution”, the UN emergency food relief agency warned on Monday.
Ahead of Tuesday’s High-Level Ministerial Conference on the...
EU steps up support for Africa’s Central Sahel countries
European Union, Denmark and Germany and the United Nations co-host a virtual Ministerial Roundtable on Africa's Central Sahel region, with the participation of donors...
Lao PDR: Poverty Continues to Decline but Progress under Threat
Lao PDR has made remarkable progress in reducing poverty over the past 25 years, with the proportion of the population living in poverty falling...
COVID-19 crisis puts migration and progress on integration at risk
Migration flows have increased over the past decade and some progress has been made to improve the integration of immigrants in the host countries....