News
Cutting the cost of sending money home: Fast payment systems, digital access, and the future of remittances
22+ hour, 42+ min ago (302+ words) The cost of sending remittances has continued to decline from more than 9% in 2009 to around 6% today. A decade ago, digital remittances were more expensive than cash-based services. Today, that relationship has reversed with the cost of digital remittances averaging around…...
Who moves up and why? A closer look at the new World Bank Group Country Income Classifications Release
1+ day, 2+ hour ago (384+ words) The update matters because the classifications inform which countries can access concessional loans and development assistance, and help governments, researchers and a wide range of international organizations track economic progress worldwide. "GNI per capita is measured in USD dollars " using…...
Getting infrastructure costs right: The tool that could save governments billions
1+ day, 23+ hour ago (196+ words) Cost overruns are not an anomaly in infrastructure. Globally, transport projects routinely exceed their initial budgets. Behind many of these overruns is a surprisingly basic problem: governments do not have reliable tools to estimate what a road or railway should…...
Guinea-Bissau pilots a new model for early grade teaching
1+ day, 23+ hour ago (404+ words) In March 2026, during a World Bank mission to a school in Mor's, 100 kilometers outside of Bissau, a teacher pointed to an object in a classroom, said a word out loud in Guinea-Bissau Kriol, and then in Portuguese. Thirty children seated…...
What Nepal's Smallest Businesses Reveal
5+ day, 11+ hour ago (280+ words) A new World Bank report draws on two new enterprise surveys to shed light on this largely understudied sector. The report makes the case for a differentiated policy approach for the close to 1. 5 million Nepalis working in formal and informal…...
From Strategic Investment to Tangible Results: Notable examples from the Human Capital Trust Fund
5+ day, 20+ hour ago (152+ words) The Human Capital Trust Fund (HCTF) supports exactly this kind of investment. Here are three recent examples of what it looks like in practice. Across all three, the pattern is the same: evidence and coordination producing decisions, not just diagnostics....
Precious metals retreat from record highs
5+ day, 23+ hour ago (452+ words) Precious metal prices declined in 2026 Q2 (q/q) after 14 consecutive months of gains through February, including a 24 percent increase in 2026 Q1. By June, gold was about 15 percent below its February peak, while silver and platinum were about 25 percent below their January record highs....
Microfinance's promise was oversold, not broken
6+ day, 23+ hour ago (769+ words) But the article's broader implication'that the hundreds of billions of dollars in microfinance lending failed to make any meaningful contribution to poverty reduction'goes too far. The problem is not that microfinance failed. The problem is that we expected it to…...
Voices | Investing in the future: ensuring women-led small businesses can thrive
1+ week, 23+ hour ago (398+ words) When we picture engines of economic growth and job creation, we tend to think of large multinational companies and global brands. Yet, in emerging and developing economies, it is primarily micro, small, and medium-sized businesses that play this critical role....
Nigeria's Big Step Toward Africa's Trade Dream
1+ week, 23+ hour ago (277+ words) The stakes are high. If fully implemented, Af CFTA could boost Africa's exports to the rest of the world by 32% by 2035, more than double intra-African exports led by manufactured goods and lift an estimated 50 million people out of extreme poverty....