Extreme poverty (living on less than USD 2.15 per day) fell from 16.2 percent in 2011-12 to 2.3 percent in 2022-23, lifting ...

"Excluding these countries, the rest of the subcontinent is expected to grow at 4.6 percent in 2025 and speed up to 5.7 percent in 2026-27," the World Bank said.The World Bank on Thursday said ...

The following is a transcript of a speech delivered yesterday by the Treasury Secretary Scott Bessent. In the final months of World War Two, Western leaders convened the greatest economic minds ...

The World Bank has forecasted a bleak outlook for Nigeria, indicating that a greater number of Nigerians will fall into ...

The World Bank Group says more Nigerians will sink into poverty by 2027 -- despite being a resource-rich nation.

The World Bank has predicted that Nigeria may likely see a rise in the levels of poverty over the next two years despite a ...

Importantly, poverty in resource-rich, fragile countries (which include large countries like the Democratic Republic of Congo and Nigeria) is expected to increase by 3.6 percentage points over 2022–27 ...

A new World Bank report has rightly sounded the alarm about a potential rise in poverty and inequality in Bangladesh—warnings ...

Just a few days after the International Monetary Fund (IMF) released its gloomy economic outlook for Nigeria, the World Bank ...

Political tensions in Bangladesh under the Muhammad Yunus-led interim government may increase in the future due to ...

Sri Lanka’s economy has made a remarkable recovery in 2024, surpassing growth expectations by recording 5 percent growth, ...

The World Bank has projected that Nigeria’s economy will grow by 3.6 per cent in 2025, building on an estimated expansion of 3.4 per cent in 2024, as key macroeconomic reforms begin to stabilise the ...