The Latest Breaking News from World Bank

The Covid-19 pandemic has exposed the weaknesses and lack of preparedness of health systems globally. When the virus was at its peak, many low- and middle-income countries struggled to save lives while sustaining essential medical services such as maternal health care, routine childhood immunisation, and the treatment of non-communicable diseases.

The World Bank has launched a project to restore education in Yemen. It aims at facilitating the return of children to schools by providing incentives for teachers and meals for children as well as equipping and rehabilitating more than 1,000 schools across Yemen. “More than 2.4 million school-aged Yemeni girls…

- The World Bank said its decision to allow two separate proceedings to resolve a long-running disagreement over water between India and Pakistan to run in parallel was because it feared the stalemate endangered the historic Indus Water Treaty.

Deepening conflict, sudden changes to regulations and a lack of transparency have made business increasingly hard.

The World Bank has signed an agreement with four West and Central African nations worth $311 million to fund renewable energy projects.

City Voices: 4G networks are powering the continent’s leap forward

Egypt is still seeking assurances that US sanctions will be waived to start exporting gas to Lebanon through Syria under a plan first announced in 2021 to help ease Lebanon's power crisis, a senior French official said on Tuesday. The plan also has yet to go to the World Bank…

The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia's ongoing war against Ukraine. That's the view of the International Monetary Fund, which now expects the world…

The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia’s ongoing war against Ukraine

World Bank economists say Myanmar's economy grew 3% last year and will likely achieve the same pace in 2023, but still lags far behind where it stood before the army seized power in early 2021

The Fed’s intention to keep raising interest rates despite the cooling down of inflation could eventually lead to the economy witnessing a recession. Moreover, the World Bank lowered its 2023 global growth forecast by almost half, citing deteriorating economic conditions. Hence, it could be wise to invest in fundamentally sound…