Tag
World Bank

World Bank Downgrades Economic Outlook for Cambodia, Laos
By Luke Hunt
The Bank's new forecasts put Cambodia and Laos well below targeted sustainable growth.

When Development Finance Does More Harm than Good: The Case of Indorama Agro in Uzbekistan
By Lynn Schweisfurth, Caitlin Daniel, and Nina Lesikhina
In January 2025, Indorama Agro abruptly prepaid its loans and walked away from its contractual obligation to implement the EBRD’s E&S standards in Uzbekistan.

World Bank-IMF Spring Meetings Send Signal to South Asia: Fix the Fundamentals
By Meera Gopal
How are the region’s low-income economies navigating the intersection of climate vulnerability and crippling levels of debt?

Is India Really Winning Its War on Poverty?
By Soumyabrata Mondal
The World Bank says that India has made radical strides in eliminating extreme poverty. The reality on the ground is more complicated.

Myanmar Economy to Shrink Further in 2025, World Bank Says
By Sebastian Strangio
Myanmar’s GDP is expected to contract by 1 percent in the fiscal year ending March 2025, a downward revision from the previous projection of modest growth.

Myanmar Growth to Remain Stagnant As Conflict, Displacement Spreads
By Sebastian Strangio
The World Bank predicts the country's economy to grow by 1 percent this fiscal year, but even that seems optimistic in the current circumstances.

World Bank: Debt, Trade Barriers and Uncertainty Will Drag on Asian Economies in 2024
By Elaine Kurtenbach
A new World Bank report says Asian economies are not doing as well as they could be.

Myanmar’s Bleak Economic Prospects Detailed in World Bank Report
By Luke Hunt
Economy deteriorates further as fighting escalates, blocking trade routes with China and other neighboring countries.

South Asia to Grow by Nearly 6% This Year
By Krutika Pathi
The region is growing faster than all other emerging markets.

Will the World Bank’s IFC Uphold or Destroy Its Internal Watchdog’s Independence?
By Naly Pilorge and Vuthy Eang
An investigation into the IFC’s funding of Cambodia’s troubled microfinance sector has implications far beyond the country’s borders.

Military Coup Has Inflicted ‘Permanent’ Damage on Myanmar, World Bank Says
By Sebastian Strangio
In its latest Myanmar Economic Monitor, the Bank predicted that the country will not return to pre-COVID-19 economic levels until at least 2027.

Uzbekistan’s Transition to a Green Economy: Challenges and Opportunities
By Paola Agostini , Weijen Leow, and Marco Mantovanelli
Tashkent recognizes the need to enhance its economic transformation with a green approach.
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