Latin America and the Caribbean will grow 1.9 percent in 2024. In 2025, the region is forecast to grow 2.6 percent. These are the lowest rates among all global regions ...

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 ...

Growth in South Asia is expected to increase to 6.4 percent this year, exceeding earlier projections and keeping the region on track to be the fastest growing in the world. Unlocking untapped ...

Economies do better at enacting regulations to improve the national business climate than they do in providing the public ...

The World Bank and the Government of Sri Lanka today signed the Second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation (DPO) for $200 million. This is the second ...

What does the world need to do to become “Business Ready”? A healthy business environment and strong private sector are ...

The East Asia and Pacific region stands as a remarkable example of economic development on the global stage. With consistently high growth rates and broadly shared benefits, it has become a paragon of ...

Despite progress over the past decades, child malnutrition remains high and adult obesity rates are increasing. Investments to scale up high-impact nutrition interventions could save the lives of 6.2 ...

Skopje, October 7, 2024 - North Macedonia could face economic damages of up to 4 percent of its gross domestic product (GDP) by 2050 due to the impact of changing climate, highlights the World Bank ...

WASHINGTON, October 3, 2024 – The World Bank’s Board of Executive Directors approved a financial package of $800 million in highly concessional loans to support Uzbekistan’s reform agenda geared ...