World Bank
Remittance flows to low-middle-income countries moderated in 2023, reaching $656 billion: World Bank
Remittances to LMICs are expected to grow 2.3 percent in 2024, but unevenly across regions
During the Egyptian-European Investment Conference, Egypt secured a $1.069 billion agreement with the EU
The support aims to boost Egypt's private sector, fiscal resilience, and green growth
The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025
One in four developing economies is expected to remain poorer than it was on the eve of the pandemic in 2019
The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023
Oil production remains crucial in shaping the GCC region's fiscal and external balances
The report found that there are now 75 carbon pricing instruments in operation worldwide
22 percent see leadership succession and turnover as their chief concern
Boosting global economic reforms and enhancing regional and global competitiveness
WBG's leveraging capability enables 6-8x multiplication of hybrid capital and guarantee platform funds over 10 years
