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COVID-19: Remittance Flows to Shrink 14% by 2021

As the COVID-19 pandemic and economic crisis continues to spread, the amount of money migrant workers send home is projected to decline 14 percent by 2021 compared to the pre COVID-19 levels in 2019.

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Highlights

Silhouette of oil worker in work vest and helmet

Oct 22, 2020

Impact of COVID-19 on Commodity Markets Heaviest on Energy Prices; Lower Oil Demand Likely to Persist Beyond 2021

World Bank Group President David Malpass. Photo: World Bank / Clarissa Villando

Oct 16, 2020

October 16, 2020: Meetings, speeches, remarks, and appearances from the 2020 World Bank Group – IMF Annual Meetings

Oct 15, 2020

Speech by World Bank Group President David Malpass at the 2020 Annual Meetings Plenary

World Bank Group President David Malpass. Photo: © World Bank

Oct 14, 2020

Remarks by World Bank Group President David Malpass at the G20 Finance Ministers and Central Bank Governors Meeting

World Bank Group Headquarters. Photo: © World Bank

Oct 16, 2020

World Bank/IMF Annual Meetings 2020: Development Committee Communiqué

© Simone D. McCourtie/World Bank Group

Oct 16, 2020

Remarks by World Bank Group President David Malpass to the Annual Meetings 2020 Development Committee

World Bank Group President David Malpass. Photo: © Simone D. McCourtie/World Bank

Oct 14, 2020

Transcript: World Bank Group Press Conference by President David Malpass at the 2020 Annual Meetings

Oct 13, 2020

World Bank Approves $12 Billion for COVID-19 Vaccines

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PRESS RELEASE Oct 12, 2020

Debt Burden of Least Developed Countries continues to climb to a record $744 billion in 2019

Speeches & Transcripts Oct 12, 2020

Remarks by World Bank Group President David Malpass at the Fourth Ministerial of the Coalition of Finance Ministers for Climate Action

PRESS RELEASE Oct 09, 2020

Latin America and the Caribbean Must Seek to Contain the Costs from COVID-19 While Waiting for a Vaccine

Speeches & Transcripts Oct 09, 2020

Remarks by World Bank Managing Director of Development Policy and Partnerships, Mari Pangestu, at the Food Security Roundtable: Strengthening Food Security in 2020 and Beyond

PRESS RELEASE Oct 08, 2020

World Bank Confirms Economic Downturn in Sub-Saharan Africa, Outlines Key Polices Needed for Recovery

PRESS RELEASE Oct 08, 2020

South Asia: Worst Economic Plunge, Informal Workers Hit Hardest

PRESS RELEASE Oct 07, 2020

COVID-19 to Add as Many as 150 Million Extreme Poor by 2021

PRESS RELEASE Oct 07, 2020

Boosting Health and Education Spending is Key to Resilient Post-Pandemic Economic Recovery in Emerging Europe and Central Asia

Speeches & Transcripts Oct 05, 2020

Reversing the Inequality Pandemic: Speech by World Bank Group President David Malpass

PRESS RELEASE Aug 16, 2019

World Bank Group Warns of Advance Fee Fraud Schemes Misrepresenting Its Name