Tag: World Bank news

Stretching Sustainable Development Funds

Stretching Sustainable Development Funds

The IFC deploys a novel approach to boost private sector development in emerging nations for maximum impact. The International Finance Corporation (IFC), a sister organization of the World Bank, is making a big push in the Asia-Pacific region. The IFC provides financing, advisory and other...

Can World Poverty Be Eradicated?

Can World Poverty Be Eradicated?

Extreme poverty rates continue to fall, but the current conditions might prove more difficult to overcome. As of 2015, the World Bank designates anyone surviving on less than $1.90 a day as living in extreme poverty. Based on estimates from 2013, 10% of the world’s population was living under...

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