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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.


Online Media Briefing Center (OMBC) news for accredited journalists


Expanding Health Coverage for All
Apr 18, 2024

The World Bank Group today announced an ambitious plan to support countries in delivering quality, affordable health services to 1.5 billion people by 2030. This is part of a larger global effort to provide a basic standard of care through every stage of a person’s life—infancy, childhood, adolescence, and adulthood.

Apr 17, 2024

The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.

Photo: World Bank
Apr 15, 2024

Domestic food price inflation remains high. Inflation higher than 5% is experienced in 57.1% of low-income countries (a 2.9 percentage point decrease since the last update on March 28, 2024), 63.8% of lower-middle-income countries (no change), 36% percent of upper-middle-income countries (3.0 percentage points lower), and 21.8% of high-income countries (5.5 percentage points lower).

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.

regional economic updates
Apr 15, 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.

The Great Reversal book cover
Apr 15, 2024

Despite their high potential to advance global prosperity, one-half of the world’s 75 most vulnerable countries are facing a widening income gap with the wealthiest economies for the first time in this century, a new World Bank report has found.

West Bank and Gaza MENA 2024 March
Mar 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.

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.