World Bank Group Publishes New Data, Aiming to Boost Investment in Emerging Markets
World Bank
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1w ago
The World Bank Group today published sought-after proprietary statistics that reveal the credit risk profile of private and public sector investments in emerging markets. Making this data publicly available is the latest in a concerted effort to drive more private sector investment to emerging and developing economies ..read more
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Joint World Bank and UN Report Assesses Damage to Gaza’s Infrastructure
World Bank
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1w ago
The cost of damage to critical infrastructure in Gaza is estimated at around $18.5 billion according to a new report released today by the World Bank and the United Nations, with the financial support of the European Union. That is equivalent to 97% of the combined GDP of the West Bank and Gaza in 2022 ..read more
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World Bank Group Announces New Approach to Measuring Impact
World Bank
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1w ago
For the first time, the work of all World Bank Group financing institutions will be tracked through the same set of indicators. The new scorecard will track the Bank’s overarching vision of ending poverty on a livable planet ..read more
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New Data Show Massive, Wider-than-Expected Global Gender Gap
World Bank
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2w ago
The latest Women, Business, and the Law report offers a comprehensive picture of the obstacles that women face in entering the global workforce and contributing to greater prosperity—for themselves, their families, and their communities. It expands the scope of its analysis, adding two indicators that can be critical in opening up or restricting women’s options: safety from violence and access to childcare services ..read more
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East Asia and Pacific to Sustain Growth Amid Global Headwinds
World Bank
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2w ago
eveloping East Asia and Pacific is growing faster than the rest of the world but slower than it was before the pandemic, the World Bank said on Sunday in its semi-annual economic outlook for the region. While recovering global trade and easing financial conditions will support economies in the region, increasing protectionism and policy uncertainty will dampen growth ..read more
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Global child deaths reach historic low in 2022 – UN report
World Bank
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1M ago
The number of children who died before their fifth birthday has reached a historic low, dropping to 4.9 million in 2022, according to the latest estimates released today by the United Nations Inter-agency Group for Child Mortality Estimation (UN IGME ..read more
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World Bank Group Statement of Support to Egypt’s Development and Reform Efforts
World Bank
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1M ago
Over the coming three years, the World Bank Group intends to provide more than US$6 billion of support to Egypt, including US$3 billion for financial support to Government’s programs and US$3 billion for the private sector (including mobilization) – subject to Board approval ..read more
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World Bank Group Statement on Gaza
World Bank
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1M ago
The World Bank Group today issued the following statement on Gaza: “With more than half the population of Gaza on the brink of famine—including children and the elderly—the World Bank Group calls for urgent action to save lives. We join the international community in calling for immediate, free, and unimpeded access of medical supplies, food and life-essential services through all available means at speed and scale to the people of Gaza ..read more
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World Bank Group Prepares Major Overhaul to Guarantee Business
World Bank
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1M ago
The World Bank Group today announced a major overhaul to its guarantee business that will deliver simplicity, improved access, and faster execution through a new, convenient marketplace.  The new reforms are critical to achieving the goal of tripling annual guarantee issuance to $20 billion by 2030 ..read more
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World Bank & Girls Who Invest Announce Partnership to Increase Gender Equality in Asset Management
World Bank
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1M ago
The World Bank Treasury announced a partnership with Girls Who Invest, a non-profit organization dedicated to transforming the investment management industry by advancing women investors, change-makers, and leaders to improve gender representation in the World Bank’s investment management teams ..read more
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