Ajay Banga had spent most of his career in the private sector – as a banker at Citigroup and latterly as the CEO of ...

China's transformation in the past decades was fascinating, said Former World Bank president Robert Zoellick during an ...

The World Bank’s defin­i­tion of extreme poverty cov­ers those liv­ing on less than $2.15 a day, not $2.25 as wrongly stated in an art­icle on March 4 ...

A low-cost economic inclusion program in Chad, studied by the World Bank, significantly improved food consumption, income ...

At least 92% of South Sudan’s estimated 11 million people lived below the extreme poverty line in 2024, according to a new ...

Absolute poverty in India, as per World Bank's metric, has been nearly eradicated, dropping to just 1%. The percentage of the ...

Continued investment in physical and social infrastructure is crucial to reducing vulnerability, particularly in light of ...

Q: Let me begin by discussing the global economic outlook, with the World Bank estimating a growth rate of 2.7% in 2024, expected to remain steady through 2025 and 2026. Have the downside risks to ...

World Bank’s South Sudan Economic Monitor Urges Swift and Sustained Reforms to Accelerate Economic Recovery and Inclusive Growth ...

"This is a huge change. It took hundreds of millions of people out of poverty. It created great opportunity," he said. During his tenure at the World Bank, Zoellick visited various regions of ...