The World Bank has appointed Ndiamé Diop as the new Vice President for Eastern and Southern Africa, effective today. In line with the World Bank's efforts to be closer to clients and enhance service ...

Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global commodity prices to ...

South Asia’s growth prospects have weakened amid increasing uncertainty in the global economy. Regional growth is projected to slow to 5.8 percent in 2025—0.4 percentage points below October ...

Ireland increased its pledge to the International Development Association (IDA) by 33 percent to €141.4 million, reinforcing its commitment to improving lives in the world’s poorest countries.

The world’s Middle Income Countries (MICs) are a diverse group by size, population, and income level. For the current 2024 fiscal year, low-income economies are defined as those with a GNI per capita, ...

In the context of 111 th Development Committee Meeting that took place in Washington, D.C. on the 24 th April, DC members welcomed the ongoing efforts to end wars and conflicts, recognizing that peace ...

From left to right: John Mushayavanhu, Governor, Central Bank of Zimbabwe, and Jorge Familiar, Vice President & Treasurer, World Bank at a ceremony in Washington, DC. WASHINGTON April 25, 2025 – The ...

The largest African country and the third-largest Arab economy, Algeria moved back to the upper-middle income category under the World Bank’s country income classification in July 2024. Over the past ...

The Long Term Growth Model (LTGM) is an Excel-based tool to analyze long-term growth scenarios building on the celebrated Solow-Swan Growth Model. The tool can also be used to assess the implications ...

Enhancing Government Effectiveness and Transparency: The Fight Against Corruption offers an assessment of the challenges governments face in tackling corruption, what instruments tend to work and why, ...

Despite a confluence of severe shocks (the COVID-19 pandemic, a prolonged drought, a high commodity prices-led inflationary surge, and a devastating earthquake), Morocco has demonstrated remarkable ...

The world’s largest development bank, IBRD provides financial products and policy advice to help countries reduce poverty and extend the benefits of sustainable growth to all of their people. The ...