Topic
World Bank
10 stories related to this topic, newest first.
pakistantoday.com.pkfinance10 days ago
World Bank Moves Vietnam and Philippines into Upper-Middle-Income Category
The World Bank moved both nations into the upper-middle-income category on July 1 based on 2025 GNI per capita data. Vietnam recorded 8 percent growth last year while the Philippines grew 4.4 percent despite weather-related losses.
world12 days ago
Philippines Classified Upper-Middle-Income After Per-Capita GNI Reaches $4,850
The World Bank on July 1, 2026, placed the Philippines in the upper-middle-income category after gross national income per capita hit $4,850. The country had remained lower-middle-income since 1987.
Euronewsbusiness14 days ago
World Bank Group Opens Madrid Office to Strengthen Spain Ties
The World Bank Group announced the opening of an office in Madrid on Monday. The new office will bring together its institutions in Spain for the first time and support private investment in emerging markets. Euronews reported the announcement and related statements.
Euronewspolitics59 days ago
Uzbekistan Rises 43 Places in World Bank Women, Business and the Law Index
President Shavkat Mirziyoyev highlighted the country's progress at a regional forum in Bukhara focused on investment in women and education. Less than 5% of women worldwide live in countries with full legal equality, according to the World Bank. UN officials stressed the link bet…
thehindu.comworld60 days ago
World Bank Officials to Visit Caracas Following Restoration of Formal Ties
A delegation from the World Bank will travel to Caracas to meet Venezuelan government authorities. The visit marks the first such engagement since the two sides reestablished formal relations last month. Sources said the trip aims to reopen direct dialogue after years of severed…
marketwatch.comworld62 days ago
Former World Bank Chief Calls on China to Reduce Food and Fertiliser Reserves Amid Global Supply Disruptions
David Malpass called on China to stop building its record stockpiles of foodstuffs and fertiliser as nations scramble to secure supplies disrupted by the closure of the Strait of Hormuz. The comments came ahead of this week's meeting between President Trump and Xi in Beijing.
The Guardianai71 days ago
Investigation Finds Kenya's AI Healthcare System Overcharges Poor Households
An investigation revealed that Kenya's AI-driven healthcare contribution system overestimates incomes for poor households while underestimating for wealthier ones. The system, launched in October 2024 as part of President William Ruto's reforms, uses proxy means testing to determ…
Substrate placeholder — needs reviewworld77 days ago
Malawi Receives $80 Million World Bank Grant to Boost Local Service Delivery
Malawi has secured an $80 million grant from the World Bank to support local governance and service delivery amid foreign exchange shortages. The funding targets all 32 local councils and finances the second phase of the Governance to Enable Service Delivery Project. An additiona…
app.buzzsumo.comworld81 days ago
Fact-Checking Kenyan President's Claims on Fuel Prices and Income Comparisons
Kenyan President Ruto stated that fuel prices in Kenya should be compared to other middle-income countries. Fact-checking shows Kenya and Tanzania are both lower-middle-income economies with similar fuel prices. Disputes arose over road network claims and income classifications.
koreatimes.co.krworld87 days ago
Kenya Requests Emergency Funds from World Bank Due to Iran War Effects
Kenya has sought emergency funding from the World Bank to mitigate the economic impact of the Iran war on African nations. The continent relies heavily on imported oil and gas, with rising fuel costs affecting regional economies. A jet fuel shortage is prompting some airlines to…