World Bank Data Shows Global Development Progress Has Slowed to Its Weakest Pace in 75 Years
Washington: Global development is advancing at its slowest pace in about 75 years, with progress weakening across several critical areas...
Global Poverty
Rising Aid Costs Put Greater Pressure on the World’s Poorest Countries
The international development system is facing growing pressure as the cost of delivering aid increases while administrative complexity and fragmented...
Global Poverty Remains a Major Challenge as Millions Continue to Live on Extremely Low Incomes
Global Development: New international poverty estimates show that extreme poverty continues to affect hundreds of millions of people worldwide, highlighting...
World Bank: 826 Million People Still Living in Extreme Poverty Worldwide
Washington, September 12, 2026: Despite decades of progress in reducing poverty, an estimated 826 million people around the world still...
Global Poverty Rates Fall Sharply, But Africa Faces Persistent Challenges
A new analysis by the World Bank’s Poverty and Inequality Platform (PIP) reveals a significant global decline in poverty over...
Global Poverty at $2.15 a Day: Rural Populations in Sub-Saharan Africa and South Asia Hit Hardest
Washington, D.C., 2024 — New data from the World Bank’s Poverty, Prosperity, and Planet Report 2024 underscores the stark reality...
