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The World Bank
STATEMENT

World Bank Group to Discontinue Doing Business Report 

After data irregularities on Doing Business 2018 and 2020 were reported internally in June 2020, World Bank management paused the next Doing Business report and initiated a series of reviews and audits of the report and its methodology. Read the full statement released by the World Bank Group on the Doing Business report.

The World Bank
Blog: Resilient Recovery

Tackling biodiversity loss in pursuit of green, resilient, and inclusive development

More than 3 billion people depend on marine and coastal biodiversity for their protein intake and livelihoods, but 90% of global marine fish stocks are now fully exploited or overfished. A whole of economy approach is needed to transform economic activity, policies, and investment decisions that drive nature loss, says World Bank Managing Director Mari Pangestu.

The World Bank
Blog for Development Winners

“The onus remains on young people to offer amicable solutions that will support the country’s recovery efforts”

Raphael Kambamwene, Tanzania’s 2021 Blog4Dev winner, discusses the role young people can play in a country’s recovery and calls for viable strategies to protect jobs and micro, small, and medium-size enterprises to support a post-pandemic economic system in his country.  

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Global growth in 2021 is projected to be more robust than previously envisioned. Rapid vaccination progress has contributed to forecast upgrades in many countries; however, this is concentrated primarily in advanced economies. For many EMDEs, renewed COVID-19 surges and limited vaccination have contributed to downward revisions to growth. Read More.

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