The World Bank’s defin­i­tion of extreme poverty cov­ers those liv­ing on less than $2.15 a day, not $2.25 as wrongly stated in an art­icle on March 4 ...

China's transformation in the past decades was fascinating, said Former World Bank president Robert Zoellick during an ...

At least 92% of South Sudan’s estimated 11 million people lived below the extreme poverty line in 2024, according to a new ...

Continued investment in physical and social infrastructure is crucial to reducing vulnerability, particularly in light of ...

Absolute poverty in India, as per World Bank's metric, has been nearly eradicated, dropping to just 1%. The percentage of the ...

A low-cost economic inclusion program in Chad, studied by the World Bank, significantly improved food consumption, income ...

Q: Let me begin by discussing the global economic outlook, with the World Bank estimating a growth rate of 2.7% in 2024, expected to remain steady through 2025 and 2026. Have the downside risks to ...

South Sudan is projected to experience universal poverty in 2025, driven by a combination of factors such as a decline in oil production and external shocks, the World Bank said in a report released ...