The Latest Breaking News from World Bank

Over two years after the coronavirus emerged, countries across Asia are slowly beginning to recover. In Southeast Asia, economic growth is projected to pick up to 5.1% this year, from 3.2% in 2021. With 400 million people, or 59% of the population, fully vaccinated, many economies are well on the…

Russia-Ukraine war news from April 11: France declares Russian agents posing as diplomats as persona non grata.

Sri Lanka's central bank doubled its key interest rates on Friday, raising each by an unprecedented 700 basis points to tame inflation that has soared due to crippling shortages of basic goods driven by a devastating economic crisis.

The International Crisis Group has called on Tunisian President Kais Saied to launch an “inclusive” national political dialogue to reduce polarization and prevent the country from sliding into a severe socio-economic crisis. In a report published on its website, the Brussels-based organization urged the President to launch a national dialogue…

Egyptian ministers held talks with World Bank officials on Wednesday to discuss cooperation mechanisms between the two sides as Cairo prepares for the COP27 Climate Summit, which will be held in Sharm el-Sheikh in late 2022. In this regard, Minister of Environment Dr. Yasmin Fouad met with World Bank Managing…

Newcastle's National Innovation Centre for Ageing partnered with The World Bank to launch research that instructs city leaders how to prepare for ageing populations

WASHINGTON — Treasury Secretary Janet Yellen was pushed by legislators from both sides of the aisle Wednesday to strengthen moves to cut off financial links with Russia, and was queried on the Biden administration’s readiness to impose sanctions on China in the event it moved aggressively toward Taiwan.

Thailand's economy is expected to grow by 2.9% this year, down from a previous prediction of 3.9%, the World Bank said on Tuesday.

The expected growth for the region is likely to expand 5.0 per cent