India’s extreme poverty drops to 5.3% as World Bank flags Pakistan’s 42.4% poverty rate and rising food insecurity.

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“We are pleased that the clearance of Syria’s arrears will allow the World Bank Group to reengage with the country and address the development needs of the Syrian people,” the bank said. “After years ...

The development comes a month after Pakistan secured a $1 billion (around Rs 8,500 crore) package from the International ...

With the World Bank’s latest report showing the proportion of people living on less than 2.15 US dollars a day, which is the international benchmark for extreme poverty, fell sharply from 16.2 per ...

President Cyril Ramaphosa said that the World Bank and the IMF had identified concentrated ownership of the economy, not BEE, as constraining South Africa’s economic growth. Was he right?