Inequality is a pressing issue in Sub-Saharan Africa , where poverty rates are high and economic growth is slowing.
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In a historic show of unity, 19 African Heads of State assembled at a major summit committed to focusing development aspirations across the continent.
Economic growth in the Lao PDR is estimated to have been below 2019 levels in 2023 and is forecast to remain below that pace in 2024, weighed down by economic instability...
NEPAL: Government, Development Partners Launch Public Expenditure and Financial Accountability Assessments
Nepal has a robust legislative and institutional framework for public financial management, but further reforms are needed to strengthen fiscal and budget outcomes to support green, resilient...
World Bank, ARTF Provide Additional Financing to the Afghanistan Community Resilience and Livelihoods Project
The World Bank’s Board of Executive Directors today approved a $84 million grant from the International Development Association (IDA) for the Afghanistan Community Resilience and Livelihoods Project, which...
The World Bank’s Papua New Guinea Economic Update provides an annual assessment of Papua New Guinea’s economy within a long-term and global context along with the economic...
The first two Sustainable Development Goals (SDG1 and SDG2) focus on eradicating poverty and achieving zero hunger.
Domestic food price inflation remains high.
Economic growth remains below pre-COVID-19 levels, mainly owing to protracted macroeconomic instability. Economic growth is estimated at 3.7 percent for 2023, with positive contributions from the services...
Highlights: Since the last update on April 11, 2024, the agriculture and cereal price indices closed 1 percent higher, and the export price index closed 3 percent...