Remittances are expected to reach $630 billion in 2022, with record amounts flowing into Ukraine. While officially recorded remittance flows to low- and middle-income countries are expected to increase by 4.2 percent, economies dependent on flows from Russia will see major declines.
Watch this discussion on working to improve quality early childhood education, including the challenges and successes participants are facing across countries to build an effective and equitable early childhood education system over time, and how to prioritize interventions and investments in the short to medium term. The event also marked the launch of the Quality Early Learning: Nurturing Children’s Potential report.
The invasion in Ukraine will have far-reaching economic and social impacts - well beyond the immediate impact it is already having on the lives and livelihoods of those in the country. The World Bank Group continues to coordinate with Ukraine and other development partners to assess these costs and develop a robust response to help the Ukrainian people during this difficult period. Learn more.