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A service for banking industry professionals · Friday, July 4, 2025 · 828,533,466 Articles · 3+ Million Readers
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World Bank & Poverty News Monitoring

  • Published on 17:31 GMT

    One in 4 Indians still below minimum standard of living: World Bank

    India has made progress in reducing extreme poverty, but many people still struggle to meet their basic needs. According to the World Bank, one in four Indians—over 35 crore people—live below the minimum level needed for a decent life. They may no longer …

    Source: India Today - Neutral
  • Published on 18:03 GMT

    World Bank appoints Mathew Verghis as Nigeria’s country director

    The World Bank has announced the appointment of Mathew Verghis as its new country director for Nigeria. In a statement on Friday, the World Bank said the appointment takes effect from July 1. Verghis, an Indian national, succeeds Ndiame Diop, who has …

    Source: The Cable - Neutral
  • Published on 18:54 GMT

    World Bank Names Mathew Verghis as New Country Director for Nigeria

    The World Bank has announced the appointment of Mathew Verghis as its new Country Director for Nigeria, effective 1st July 2025. Verghis, an Indian national and seasoned economist, takes over from Dr. Ndiame Diop, who has transitioned to a new position …

    Source: Arise News - Neutral
  • Published on 14:12 GMT

    New Country Manager for the World Bank Group Starts Assignment in Moldova

    The World Bank Group has appointed Ulrich Schmitt as its new Country Manager for Moldova, effective July 1, 2025. He replaces Inguna Dobraja, who was the World Bank Group Country Manager since July 2021. “I’m honored to represent the World Bank Group in …

    Source: MoldovaLive - Neutral
  • Published on 12:01 GMT

    More Than a Quarter of Tajikistan’s Population Lives Below the Poverty Line – World Bank Report

    Tajikistan continues to make gradual progress in reducing poverty, but over 25% of the population still lives on less than $3.65 a day, according to the World Bank’s newly released Poverty, Prosperity, and Planet Report 2024. Revised Poverty Line and …

    Source: Times of Central Asia - Neutral
  • Published on 08:17 GMT

    Senior General Min Aung Hlaing rejects World Bank’s economic...

    Chairman of the State Administration Council (SAC) Senior General Min Aung Hlaing has dismissed the World Bank's forecast that Myanmar’s economy could contract by 2.5 percent, claiming the data used in the projection is "inaccurate and incomplete …

    Source: Eleven Myanmar - Neutral
  • Published on 06:29 GMT

    World Bank’s FoodSystems 2030

    World Bank’s FoodSystems 2030 FoodSystems 2030 is an umbrella multi-donor trust fund that helps countries build better food systems by 2030, progressing towards development and climate goals. It provides critical food and nutrition yet often encroach on …

    Source: Seychelles Nation - Neutral
  • Published on 21:01 GMT

    Winter's fury exposes South Africa's hidden poverty

    Tswelopele Makoe|Published 56 minutes ago 6min IN South Africa, the winter season thus far has been nothing short of brutal. Across the nation, various regions have been experiencing harrowing weather. Storms have washed away homes, bridges and roads are …

    Source: Sunday Independent - Indeterminate
  • Published on 16:34 GMT

    Africa sees unjust economic system as a source of poverty

    DAR ES SALAAM: CIVIL society organizations from various African countries said poverty in Africa is not an accident, but a result of an unjust economic system,” emphasizing that what the continent needs is justice, not charity. The meeting was championed …

    Source: Daily News Tanzania - Pro-Government
  • Published on 01:04 GMT

    World Bank downgrade not a death sentence – economists

    Allexer Namundjembo Economists say Namibia’s downgrade by the World Bank is not a death sentence and should instead be used to reset the country’s development path. This week, the World Bank reclassified Namibia from an upper-middle-income to a lower- …

    Source: Windhoek Observer - Neutral
  • Published on 08:00 GMT

    NA body fears poverty may rise to 50pc, seeks BISP overhaul

    ISLAMABAD: The National Assembly Standing Committee on Poverty Alleviation and Social Safety on Thursday showed alarm over the country’s escalating poverty rate–now nearing 50 per cent – and stressed the need for steps to reverse the trend. The committee …

    Source: Dawn - Center-left
  • Published on Jul 3, 2025

    One in four Tajikistan residents lives below the poverty line, says World Bank report

    11:10, todayAuthor: Asia-Plus Despite steady progress in reducing poverty, more than 25% of Tajikistan’s population continues to live below the international poverty line — surviving on less than US$3.65 a day.  This finding is detailed in the World Bank’s …

    Source: Asia Plus - Neutral
  • Published on Jul 3, 2025

    World Bank Lists Nigeria Among 39 Nations Facing Rising Poverty, Hunger

    The World Bank has identified Nigeria as one of 39 countries where poverty and hunger are worsening as a result of conflict and instability. In a report released on Friday, the bank stated that the affected economies, which include both low- and middle- …

    Source: National Network - Pending
  • Published on Jul 3, 2025

    World Bank sees over 30% inflation

    By Kingsley Jassi: Malawians will experience their fourth consecutive year of declining per capita income in 2025, with inflation soaring above 30 percent, the World Bank has warned. The bank projects economic growth at just 2 percent this year—below …

    Source: The Times Group Malawi - Neutral
  • Published on Jul 3, 2025

    Parliament approves $360 million World Bank loan to support ...

    Parliament on Tuesday approved a US$360 million loan agreement between the Government of Ghana and the International Development Association (IDA) of the World Bank Group, as part of efforts to bolster the 2025 national budget and strengthen the country’s …

    Source: Modern Ghana - Neutral
  • Published on Jul 3, 2025

    Minority accuses gov’t of lack of transparency over $360 million financing agreement with World Bank

    By Godwill Arthur-Mensah  Accra, July 02, GNA – The New Patriotic Party (NPP) Minority Caucus in Parliament has raised objections to the US$360 million loan facility between the Government of Ghana and the World Bank Group.  The Minority accused the ruling …

    Source: Ghana News Agency - Pro-Government
  • Published on Jul 3, 2025

    Investment spending  shrinks—world bank

    For four years running, Malawi’s gross fixed capital investment, a measure of the net additions to a country’s fixed assets, has contracted, a development commentators say points to failure to support future production and economic growth. The World Bank …

    Source: The Nation Malawi - Center-left
  • Published on Jul 2, 2025

    FG, World Bank Move to Tackle Poverty Amongst North-west Women

    • Empower 460,000 women in six states  Francis Sardauna in Katsina The Federal Government has extended its Nigeria for Women Project (NFWP) to the North-west region of the country to tackle poverty among rural women and improve their financial inclusion …

    Source: This Day - Pro-Government
  • Published on Jul 2, 2025

    2025 Budget support: Parliament approves US$360 million World Bank loan 

     By Godwill Arthur-Mensah  Accra, July 02, GNA–Parliament, on Tuesday, approved a US$360 million loan facility from the International Development Association (IDA) of the World Bank Group to support the 2025 Budget.  The funds from the Financing Agreement …

    Source: Ghana News Agency - Pro-Government

03 days 04:00:49

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