News

Governor Tiff Macklem of the Bank of Canada was interviewed after the central bank held its overnight lending rate at 2.75 ...
India witnessed a significant decline in extreme poverty, dropping from 27.1% in 2011-12 to 5.3% recently, even with the ...
The World Bank said it is committing $1 billion to help the Democratic Republic of Congo prepare for the development of the ...
The World Bank said on Thursday it would resume funding to Uganda, nearly two years after the global lender suspended new ...
THE Philippine government’s growth targets may remain elusive even after the President steps down from office, according to ...
The World Bank’s latest global poverty update reveals a dramatic decline in extreme poverty across India between 2011-12 and ...
The World Bank has also updated the extreme poverty line from $2.15 to $3 per person per day. Because of the revision in the ...
The World Bank is lifting a freeze on lending to Uganda it put in place in response to a 2023 law criminalising homosexuality ...
However, the financial institution says these updates do not impact how the international poverty line measures the ...
The World Bank has cut Kenya's growth forecast for this year by half a point from its initial prediction to 4.5%, it said on ...
The World Bank has called for more collaborative and impact-focused partnerships to effectively address development challenges across Africa. The call ...
The World Bank has revised the global poverty line, declaring 44.7% of Pakistan’s population as poor under a $4.20/day benchmark. Nearly 40 million Pakistanis now live in extreme poverty, earning less ...