The 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.
MSN: ‘Leaving the world’s poorest behind’: Nearly 900 million poor people face climate shocks, says UN
‘Leaving the world’s poorest behind’: Nearly 900 million poor people face climate shocks, says UN
The World Bank Group uses the latest data, evidence, and analysis to help countries develop policies that can reduce poverty and inequality, and ultimately improve people's lives.
The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, a new World Bank analysis shows.
Yemen is one of the most food insecure, and possibly poorest, countries in the world. Around half of Yemeni households have inadequate food consumption. mini-card, small-v-img style grid, clone-button-bottom sec-spacing section-padding-between sec-spacing-bottom section-padding-between col-ctrl col-3 col1-class col-lg-12 col-md-12 col-sm-12 col ...
No country is immune to the impacts of climate change, but the world’s poorest countries will bear the greatest burden. Over the last decade, they have been hit by nearly eight times as many natural disasters, compared with three decades ago, resulting in a three-fold increase in economic damage ...
The World Bank is helping to fight poverty and improve living standards for the people of the Democratic Republic of Congo, through education, energy, health and other social services.