World Bank
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South Asia
62 Million People in Bangladesh at Risk of Falling Below Poverty Line: World Bank
By Bhanu R. Chakraborty DHAKA: Poverty in Bangladesh decreased significantly from 2010 to 2022, but about 62 million people are still at risk of falling below the poverty line, according to a World Bank report. The report, titled ‘Bangladesh Poverty and Inequality Assessment 2025’, released in Dhaka on Tuesday, said…
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Business
World Bank’s forecast of GDP slowdown in Kyrgyzstan has not come true, expert says
BISHKEK: A prediction by the World Bank in April 2022 of a slowdown in the Kyrgyz economy due to the situation in Ukraine has turned out to be erroneous – the country’s GDP has, on the contrary, risen significantly, an expert has said. “Indeed, a year ago, the World Bank…
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East Asia
Open cooperation, joint development remain a thoroughfare
The World Bank’s global growth forecast for 2019 stood at 2.6 percent, the lowest in the recent three years, while the global trade growth this year was also revised down to 2.6 percent, the weakest since the global financial crisis 11 years ago. The trade friction unilaterally provoked by the…
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