Finance & Economics

Strengthening Care Policies in the Mashreq is Critical to Improve Women’s Labor Market Outcomes

The burden of unpaid care work falls disproportionately on the shoulders of women in the Mashreq. Short of appropriate support mechanisms within their households or from the state, women in Iraq, Jordan and Lebanon often find themselves having to...

On World Day of Social Justice, deeper dialogue across ‘real economy’ can drive progress, UN deputy chief says

Poverty and inequality are on the rise in many parts of the world.

Liberia To Host Forest and Climate Resilience Forum

The Government of Liberia with support from the World Bank, the Government of Norway, and donor partners is organizing a high-level international forum to highlight the significance of Liberia’s forestry sector and climate resilience.

Productivity Reforms Can Boost Growth and Living Standards for Croatia

Attaining higher living standard for citizens, speeding up convergence with average European Union (EU) income levels, and doubling long-term growth per capita are well within Croatia’s reach. This can be delivered by deepening reforms with a focus on...

Productivity Reforms Can Boost Growth and Living Standards for Croatia
World Bank Approves Funding to Support Financial Sector Resiliency and Strengthen Recovery in the Philippines

The World Bank’s Board of Executive Directors approved financing to support the Philippine government’s efforts to boost the resiliency and sustainability of its financial sector and strengthen economic recovery from the COVID-19 pandemic.

Boris Johnson Says Putin Threatened Missile Strike in Call

In a new BBC documentary, former British Prime Minister Boris Johnson says Russian President Vladimir Putin threatened Britain with a missile strike. Johnson says the conversation took place during a phone call in the run up to Moscow’s invasion of...

Uncertainty weighs on Myanmar’s economy

Myanmar’s economy remains subject to significant uncertainty, with ongoing conflict disrupting business operations, a World Bank report released says, on January 30.

While some firms are showing signs of resilience, household incomes remain...

World Bank Report: Blue Economy Offers Opportunities for Sustainable Growth in Tunisia

With support from the World Bank, in June 2022, Tunisia launched its first report on the status of the blue economy. The report, titled in French “L’économie bleue en Tunisie: Opportunité pour un développement intégré et durable de la mer et des zones...

Jordan: Acceleration of Investment-Enabling Reforms Needed for Resilient Recovery and Inclusive Job Creation

Despite a challenging global and domestic environment, Jordan’s growth during the first half of 2022 accelerated to 2.7 percent, propelled by a strong recovery of tourism, the full reopening of the economy, and improving exports. Yet, the rebound in...