Displaying items by tag: World Bank

According to the World Bank's Groundswell report, it is estimated that climate change could force 216 million people to migrate within their own countries by 2050. This internal migration will be driven primarily by water scarcity, declining agricultural productivity and rising sea levels, severely affecting the world's poorest regions.

Published in Experts
Tuesday, 16 April 2024 21:34

IMF forecasts national economic growth of 3%.

The International Monetary Fund (IMF) has adjusted its growth estimates for El Salvador and now expects the country's economy to grow 3% by the end of 2024, reflecting the current dynamism of the salvadoran economy and approaching the 3.5% to 4.0% range projected by the Banco Central de Reserva.

Published in Economy

In a radio interview, the minister of Economy, María Luisa Hayem, informed that together with the World Bank, they will implement an employability project to improve access to employment opportunities and skills development for the vulnerable population, through an integrated approach for the incorporation of people into jobs or businesses.


Published in Economy

Against a backdrop of weak trade and investment, high interest rates, high debt levels and rising debt service payments, growth in developing economies is projected to be low for the third consecutive year in 2024.

Published in Economy
Monday, 05 February 2024 23:36

12% of the world's population has odd jobs

The World Bank says the online sporadic work economy, in which digital platforms match workers with tasks posted by clients, already accounts for up to 12% of the global labor market.

Published in Economy

The World Bank's Annual Conference on Development Economics (ABCDE), a high-level event of the institution, was recently held.

Published in Economy

The World Bank forecasts that remittance flows to low- and middle-income countries will slow to 2.4% in 2024, mainly reflecting slowing economic growth in several high-income countries.

Published in Economy

The World Bank is betting on renewable energies, for this reason it plans to invest almost US$500 million by 2025 in renewable energy projects.

Published in Breaking News
Monday, 23 October 2023 21:03

World Bank urges to close digital divides

The World Bank points out in its latest report that working on existing digital divides in Latin America and the Caribbean would support minorities to progress.


Published in Economy

The World Bank is strengthening collaboration with nine multilateral development banks (BMD) to accelerate the implementation of solutions to improve the lives of people in developing countries.


Published in Finances
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