The World Bank said it is committing $1 billion to help the Democratic Republic of Congo prepare for the development of the ...

About 75.24 million people were living in extreme poverty in India during 2022-23, a massive drop from 344.47 million in 2011 ...

As per the figures, extreme poverty dropped to 5.3 per cent in 2022–23, down from 27.1 per cent in 2011–12, translating to a ...

The World Bank said on Thursday it would resume funding to Uganda, nearly two years after the global lender suspended new ...

THE Philippine government’s growth targets may remain elusive even after the President steps down from office, according to ...

The World Bank is lifting a freeze on lending to Uganda it put in place in response to a 2023 law criminalising homosexuality ...

China accounted for about 5 percent, or $441.8 billion, of the $8.8 trillion in public external debt owed by all low- and middle-income countries, according to data from the World Bank's 2024 report ...

The World Bank has also updated the extreme poverty line from $2.15 to $3 per person per day. Because of the revision in the ...

However, the financial institution says these updates do not impact how the international poverty line measures the ...

The World Bank has called for more collaborative and impact-focused partnerships to effectively address development challenges across Africa. The call ...

The World Bank has updated its international poverty lines as part of a routine global revision to reflect evolving price ...