For the world’s poorest people, COVID-19 has brought an unparalleled social and economic shock. And for those living in countries affected by fragility and conflict, the challenge is compounded.…
Today, after 25 years of progress reducing global poverty, we are at a precarious moment. Poverty is on the rise. The pandemic is estimated to have increased the number of people living in extreme…
As the world’s poorest countries seek to jumpstart growth and put large numbers of people back to work, the BBB approach presents a compelling choice.
The world's poorest countries will need access to scaled up amounts of sustainable financing and a redoubling of efforts to address debt vulnerabilities.
World Bank Group President David Malpass highlights some key points from his recent public engagements and notable events.
The impacts of the COVID-19 pandemic have dramatically increased food insecurity in the poorest and most vulnerable countries.
IDA countries entered the COVID-19 crisis already hobbled with high debt levels. With their financing needs projected to be larger than average by the end of 2021, these countries face some…
COVID-19 has hit poor and vulnerable countries the hardest, threatening decades of hard-won gains. That’s why the World Bank’s International Development Association is stepping up support.
12 charts provide an overview of our research in the face of a truly unprecedented crisis.
New data shows that now, in the midst of the pandemic, many IDA countries are bearing the brunt of the COVID-19 impact.