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 ...

Washington, D.C., October 18, 2024: The World Bank's Board of Executive Directors has approved new financing to aid recovery efforts in St. Vincent and the Grenadines, following the devastating impact ...

ABUJA, October 17, 2024 – Since May 2023, Nigeria has implemented significant reforms to stabilize its economy, resulting in modest growth, improved fiscal health, and rising foreign exchange reserves ...

VIENNA, October 17, 2024 – Economic growth in the Western Balkans is projected to moderately accelerate through 2025, mainly driven by increased consumption and investment, helped by increased ...

Economic growth in the developing economies of Europe and Central Asia is stabilizing after a series of crises but at levels well below the early-2000s.

Report launched on End Poverty Day outlines new findings and how Tonga can secure progress into the future NUKU’ALOFA, Tonga, October 17 – The World Bank has launched the Tonga Poverty and Equity ...

The World Bank Group's International Development Association (IDA)-financed Electricity Access & Services Expansion Project (EASE) Project started in 2018 and has provided electricity to more than 3 ...

TIRANA, October 17, 2024 – Albania’s economic growth in 2024 is expected to stay strong at 3.3%, driven by private consumption, tourism, and construction, according to the latest Western Balkans ...

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable ...

The World Bank Country Manager for Kosovo and North Macedonia Massimiliano Paolucci discusses the findings of the latest Western Balkans Regular Economic Report, fall 2024.

For many low-income countries, nature is a path out of poverty. Nature-based sectors – including forestry, fisheries, and ecotourism – can create jobs, boost economies, and increase resilience to ...