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Ajay Banga headshot
Ajay Banga headshot

2024 Spring Meetings Opening Press Conference

World Bank Group President Ajay Banga addressed pressing global challenges and engaged with journalists from around the world during the Spring Meetings opening press conference.

OMBC

Online Media Briefing Center (OMBC) news for accredited journalists

Highlights

regional economic updates
Apr 11, 2024

Here are the latest bi-annual regional economic updates to explore the macro development trends in Africa, East Asia and the Pacific, Europe and Central Asia, Latin America and the Caribbean, the Middle East and North Africa, and South Asia.

corporate scorecard
Apr 09, 2024

For the first time, the work of all World Bank Group financing institutions will be tracked through the same set of indicators. The new scorecard will track the Bank’s overarching vision of ending poverty on a livable planet.

New GEMs Data: Driving Investment into Emerging Markets
Mar 28, 2024

The World Bank Group today published sought-after proprietary statistics that reveal the credit risk profile of private and public sector investments in emerging markets. Making this data publicly available is the latest in a concerted effort to drive more private sector investment to emerging and developing economies.

World Bank Group logo
Mar 19, 2024

The World Bank Group today issued the following statement on Gaza: “With more than half the population of Gaza on the brink of famine—including children and the elderly—the World Bank Group calls for urgent action to save lives. We join the international community in calling for immediate, free, and unimpeded access of medical supplies, food and life-essential services through all available means at speed and scale to the people of Gaza.”

West Bank and Gaza MENA 2024 March
Apr 02, 2024

The cost of damage to critical infrastructure in Gaza is estimated at around $18.5 billion according to a new report released today by the World Bank and the United Nations, with the financial support of the European Union. That is equivalent to 97% of the combined GDP of the West Bank and Gaza in 2022.

Photo: World Bank
Apr 01, 2024

Domestic food price inflation remains high. Inflation higher than 5% is experienced in 60% of low-income countries (no increase since the last update on March 18, 2024), 63.8% of lower-middle-income countries (no change), 39% of upper-middle-income countries (7.0 percentage points lower), and 27.3% of high-income countries (no change).

Egypt woman talima farm
Mar 18, 2024

Over the coming three years, the World Bank Group intends to provide more than US$6 billion of support to Egypt, including US$3 billion for financial support to Government’s programs and US$3 billion for the private sector (including mobilization) – subject to Board approval.

Portrait of a mother and child
Mar 13, 2024

The number of children who died before their fifth birthday has reached a historic low, dropping to 4.9 million in 2022, according to the latest estimates released today by the United Nations Inter-agency Group for Child Mortality Estimation (UN IGME).