World Bank
World Bank warns of inflation risks in sub-Saharan Africa
The World Bank issues cautions about emerging inflationary pressures affecting sub-Saharan African economies. Analysts identify rising commodity prices and currency volatility as key drivers.
World Bank Warns of Failed Subsidy System in Bangladesh
A World Bank report found that Bangladesh's government subsidies and social safety programs are failing to reach the poorest citizens due to severe targeting inefficiencies. The multilateral lender warned that climate change increasingly threatens the country's development gains, particularly in coastal regions.
World Bank Reports Pakistan Poverty Crisis Worsens
The World Bank warned that Pakistan accounts for nearly half of the extremely poor population in the Middle East, North Africa, and Afghanistan-Pakistan region, with poverty continuing to rise. Economic shocks including the 2022 floods, inflation, and currency depreciation have weakened household incomes and employment.
World Bank Slashes Ukraine Economic Forecast
The World Bank has significantly reduced its GDP forecast for Ukraine and warned that the conflict is expected to persist into 2027. The downgrade reflects concerns about prolonged economic disruption and international reserve depletion.