Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. The...
The World Bank Group and International Monetary Fund today convened African leaders, bilateral partners, and multilateral institutions to spur faster action on COVID-19 response in African...
The World Bank and IFC’s Boards of Directors approved today an increased $14 billion package of fast-track financing to assist companies and countries in their efforts...
Every day across the Middle East and North Africa, the World Bank is focused on one overarching goal: to end poverty, in all of its forms,...
As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to...
The World Bank Board of Directors approved two loans totaling US$70 million today to support the cities of La Paz and Santa Cruz de la Sierra...
The Executive Boards of the International Monetary Fund (IMF) and World Bank met, on February 12 and 13, respectively, to consider Somalia’s eligibility for debt relief...
The Chief Ministers of five provinces expressed appreciation of the process and agreement of the findings and recommendations of the Federalism Capacity Needs Assessment (FCNA) at...
According to World Bank data, between 2000 and 2019, average annual growth in the Latin American and Caribbean region was 1.6%. That level of growth is...
The second edition of the Central African Republic (CAR) Economic Update, which was published today by the World Bank, examines evolving economic trends in the country...