World Bank

Developing countries in Europe, Central Asia face slowdown, World Bank says

Growth across the region is expected to slow to 2.1% in 2026, from 2.6% in 2025

The World Bank has barred PwC subsidiaries in Mauritius, Kenya and Rwanda.

World Bank bars three PwC Africa units from pitching for deals

The units had engaged in “fraudulent practices” in the building of a high-voltage electricity transmission line, says lender

In Malaysia, Zetrix will support initiatives such as the national digital identity system and blockchain service network.

Malaysia’s Zetrix raises funds, plans to list AI unit on Nasdaq

As part of their pact, IFC and Zetrix will develop projects across South-east Asia and beyond

While many nations have made progress on laws that advance women’s economic rights, weak enforcement systems and institutional shortcomings have hindered their real-world impact.

World Bank report highlights 'shockingly large' gap between gender equality laws and enforcement

No country currently ensures all the legal rights required for women’s full economic participation

World Bank president Ajay Banga also said fixing Pakistan's power sector is the most urgent near-term priority.

Pakistan must create 30 million jobs in next decade: World Bank president

Failure to do so could fuel ‘illegal migration or domestic instability’, he adds

The 2026 GDP forecast is up two-tenths of a percentage point from the last predictions released in June, while 2025 growth will exceed the prior forecast by four-tenths of a percentage point.

World Bank sees resilient global growth in 2026 despite tariffs

Global output growth will slow slightly to 2.6% this year from 2.7% in 2025

Myanmar has been struggling with a crippling economy and ongoing civil war since the military ousted Aung San Suu Kyi’s civilian government in 2021.

World Bank sees Myanmar’s economy shrinking on conflict, quake

The local currency has steadily strengthened following a sharp depreciation last year

Tackling poverty through nutrition, health, and education can quickly help hundreds of millions of people live better lives at low cost, says the writer.

The World Bank needs to refocus on poverty

Climate change demands action, but not at the poor’s expense

What the meetings between the IMF and World Bank have consistently failed to deliver is clear, coordinated political will to address economic challenges, says the writer.

Little reassurance from IMF-World Bank meetings

The global financial system is adapting too slowly to a world of higher debt, lower growth, trade fragmentation and climate urgency