Shocks related to the COVID-19 pandemic and the war in Ukraine mean the world is unlikely to meet a longstanding goal of ending extreme poverty by 2030, the World Bank said in a new report ...

World Undergoing Major Population Shift with Far-reaching Implications for Migration, Poverty, Development: WB/IMF Report ...

Russian poverty rates will return to 2007 levels this year as the economy continues to contract and inflation reduces people's purchasing power, the World Bank said on Wednesday.

* The World Bank’s International Development Association (IDA), established in 1960, helps the world’s poorest countries by providing grants and low- to zero-interest loans for projects and programs ...