Poorest Economies Face Toughest Conditions in Two Decades

As Share of GDP, Global Aid to 26 Low-Income Economies Falls to 21-Year Low

WASHINGTON, October 13, 2024The world’s 26 poorest economies—home to about 40 percent of all people who live on less than $2.15 a day—are deeper in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, new analysis from the World Bank shows. Yet international aid as a share of their GDP has dwindled to a two-decade low, forcing many to obtain financing on punishing terms.

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2024 ANNUAL MEETINGS: Women Transforming the World

Accelerating equality is an urgent priority. We cannot end poverty on a livable planet with half imf-world-bank-annual-meetings-october-2024-700x644-Gender-v5_348x320the population excluded from reaching their full potential. Join us at this World Bank’s Annual Meetings 2024 flagship event to explore how boosting women’s economic opportunities can transform our world.

We encourage you to engage and submit your questions in the chat below. Our experts will be responding live on October 24th

 

Webinar Women Transforming the World

2024 Annual Meetings: Agriculture and Food

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The global agriculture and food system can do more than just feed a growing population—it holds immense potential as a driver of growth and job creation. However, to unlock this potential for the long term, the agrifood system needs to prioritize nutrition, climate resilience, and halting environmental degradation.

This flagship event at the World Bank Annual Meetings 2024 will explore how governments and businesses can lead this transformation.

Have questions? Don’t wait—submit them below. Our experts will be responding live on October 23rd! 

WEBINAR LINK

2024 Annual Meetings: Live Events

Investing in women means investing in solutions for peace and progress

Unequal access to jobs and finance. Limited access to education and healthcare. Exclusion 2024-08-07-1830-FCV-Gender-Blog-Leader_1140x500from decision-making. Risks of gender-based violence.

Women all over the world face these challenges, but even more so in countries facing fragility, conflict, and violence (FCV) where restrictive gender norms are often amplified and entrenched.

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The International Monetary Fund, the World Bank Group, and the World Health Organization Step Up Cooperation on Pandemic Preparedness

WASHINGTON, Oct. 4, 2024 — The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the World Health Organization (WHO) have agreed on broad principles for cooperation on pandemic preparedness. This cooperation will allow a scaling up of support to countries to prevent, detect and respond to public health threats through the IMF’s Resilience and Sustainability Trust (RST), the WBG’s financial and technical support, and WHO’s technical expertise and in-country capabilities. The RST allows eligible member countries to access long-term financing at low interest rates to help implement reforms that address structural challenges to the stability of the economy, such as those posed by pandemics, and to enhance countries’ health systems resilience.

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East Asia and Pacific: Resilient Growth in Turbulent Times

Innovative financing solutions for improved nutrition

In spite of a commendable decline in stunting rates over the past 30 years, 148 million children shutterstock-2436807165-1140x500_1140x500worldwide remain stunted. The condition impairs their growth, health, development, and education and has long-term consequences for their future wellbeing.

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Powering progress: How Digital Public Infrastructure is transforming Latin America and the Caribbean