payments, financial sector, digital, financial inclusion, surveys, cashless transactions, laws.| World Bank Blogs
In response to the lack of access to safe drinking water by around 2 billion people, the World Bank Group and partners have launched the have joined forces to create the Strategic Framework for Scaling Up Finance for Water.| World Bank Blogs
The World Bank’s food commodity price index edged down in April, extending the 2 percent decline in 2025Q1. Over the first four months of the year, food prices fell 4 percent compared to the same period in 2024. The decline was led by an 8 percent fall in grain prices driven by improved production prospects in major exporting countries. Weaker prices for oils and meals, along with a roughly 3 percent decline in other food categories, also contributed to the overall decline. Persistent conce...| World Bank Blogs
Economic growth in East Asia and Pacific (EAP) reached 5.1% in 2023, higher than other emerging markets and developing economies, despite high inflation, high interest rates, and growing trade tensions. Growth remains below pre-pandemic levels, however. Stronger global trade and easing financial conditions are expected to support economies in the region, while increasing debt, protectionism, and policy uncertainty could dampen growth.| World Bank Blogs
Staying under 1.5° C warming means massive decarbonization of cities. How can we implement performance measures that account for different demographic, economic, and geographic conditions & their impact on urban CO2 levels?| World Bank Blogs
Officially recorded remittances to low- and middle-income countries (LMICs) are expected to reach $685 billion in 2024. The true size of remittances, including flows through informal channels, is also believed to be even larger. The growth rate of remittances in 2024 is estimated to be 5.8 percent, significantly higher than 1.2 percent registered in 2023.| World Bank Blogs
Also available in: Español Download the January 2018 Global Economic Prospects report. The 2014-16 collapse in oil prices was driven by a growing supply glut, but failed to deliver the boost to global growth that many had expected. In the event, the benefits of substantially lower oil prices were muted by the ...| World Bank Blogs
Global poverty estimates were updated today on the World Bank's Poverty and Inequality Platform (PIP). More than 100 new surveys were added to the PIP database, bringing the total number of surveys to more than 2,300. With more recent survey data, this March 2024 PIP update is the first to report a global poverty number for 2020-2022, the period of the COVID-19 pandemic.| World Bank Blogs