World Bank
World Bank cuts global growth outlook to 2.5%, warns of drop to 1.3% if war fallout spreads to markets
Global growth is expected to improve to 2.8 per cent in 2027 and 2028
World Bank says Indonesia’s GDP to slow to 5% in 2026 as fiscal pressures rise
The country has been using state finances to keep fuel prices unchanged
Once deemed a costly failure, industrial policy is making a return – led by China
A shift in governments’ attitudes towards state intervention is inaugurating a new era of economic planning
Singapore and World Bank team up to launch carbon markets programme
It aims to tackle the obstacles hindering the development of such markets
World Bank forecasts 24% surge in energy prices in 2026 due to Middle East war
Commodity prices could rise even further if hostilities in the region escalated
World Bank could provide up to US$100 billion for countries hit by war
This would eclipse the US$70 billion it supplied during the Covid-19 pandemic
IMF, World Bank and IEA aim to have calls every two weeks to assess war’s impact
IMF chief Kristalina Georgieva urged countries to avoid stockpiling oil reserves
IMF, World Bank, IEA urge countries to stop hoarding energy supplies, imposing export controls
It would take time for global supplies of key commodities to move back toward pre-conflict levels
World Bank chief sounds alarm about looming jobs crisis even after Iran war ends
At current trajectories, developing countries will generate only about 400 million jobs, leaving a deficit of 800 million jobs
Middle East war to cut growth, deliver cascading impact, World Bank chief says
The crisis has sent the price of oil up by 50%