Statement by Abdulhamid Alkhalifa at the 112th Meeting of the Development Committee held on October 16, 2025. Technological innovation is reshaping the workplace: Digitalization, artificial intelligence...
Despite significant efforts to unwind the impact of the COVID-19 fiscal stimulus and other shocks, debt levels in many Low-Income Countries (LICs) remain relatively high, with debt vulnerabilities exacerbated...
Despite significant efforts to unwind the impact of the COVID-19 fiscal stimulus and other shocks, debt levels in many Low-Income Countries (LICs) remain relatively high, with debt vulnerabilities exacerbated...
Dominica’s debt is sustainable, but the country remains at overall high risk of debt distress with elevated levels of public and external debt. The risk of external debt distress, however, has been lowered...
Statement by Alexey Overchuk at the 111th Meeting of the Development Committee held on April 24, 2025. The global economy continues to experience significant strains, particularly affecting emerging markets...
Statement by H.E. Guy Parmelin at the 111th Meeting of the Development Committee held on April 24, 2025. Job creation is a cornerstone of development. We applaud the World Bank’s strategic focus on fostering...
This is a statement by H.E. Katsunobu Kato at the 110th Meeting of the Development Committee held on October 25, 2024. Japan conveys its deepest condolences to the victims and their families severely affected...
This is a statement by Thomas Djiwandono regarding the 110th Meeting of the Development Committee, held on October 25, 2024. He highlights the significant downside risks to the global economic outlook...
This is a statement by Nirmala Seetharaman regarding the 110th Meeting of the Development Committee, which was held on October 25, 2024. She expressed her deepest condolences to the families and communities...
This is a statement by Mohammed Aljadaan regarding the 110th Meeting of the Development Committee, held on October 25, 2024. He emphasized the need for an end to violence to protect human lives and livelihoods...
The Health Emergency Prevention, Preparedness, and Response Global Challenge Program (hereafter GCP-H) was designed to address three following fundamental and inter-related challenges that continue to...
Dominica’s debt is sustainable, but the country remains at high risk of debt distress with elevated levels of public and external debt. The COVID-19 pandemic compounded preexisting debt sustainability...
The 21st replenishment of the International Development Association (IDA21) is pivotal for supporting the world’s poorest countries to get back on the pathway to eradicate poverty on a livable planet...
The international community must set a new course of action to address the emergencies of poverty and the growing number of global challenges facing people and the planet. Despite a barrage of shocks during...
The Gambia’s overall and external debt distress risk ratings remain high and public debt continues to be deemed sustainable, similar to the previous debt sustainability analysis (DSA). Under the updated...
Given the ongoing debt restructuring and large and protracted breaches to the DSA thresholds, Ghana remains in debt distress and the debt sustainability analysis shows that debt is unsustainable, unchanged...
Papua New Guinea (PNG) remains at high risk of debt distress under the Low-Income Country Debt Sustainability Framework (LIC DSF), with weak debt-carrying capacity. While the planned fiscal consolidation...
The risk of debt distress rating for Tonga remains high. Before the pandemic, Tonga’s indebtedness had gradually declined from FY20152 to FY2019 owing to much-needed fiscal consolidation. Since 2020, however...
This paper reviews the implementation and utilization of shorter-maturity loans (SMLs) and provides an opportunity to reflect on the future direction of SMLs, especially in the context of the World Bank...
This is a statement by H.E. Mario Marcel at the 108th Meeting of the Development Committee held on October 12, 2023. The global economy is experiencing multiple crises, and it is still recovering from...
