WASHINGTON, August 3, 2021—In response to COVID-19 severely damaging the lives and livelihoods of millions of people in Latin America and the Caribbean countries, the World Bank Group deployed a record $29.1 […]
The World Bank is prepared to support Suriname with the implementation of the Recovery Plan. The World Bank is also willing to help the country with the preparations. The amount the bank will […]
The World Bank has priced a catastrophe bond that will provide the Government of Jamaica with financial protection of up to US$185 million against losses from named storms for three Atlantic tropical […]
WASHINGTON, June 24, 2021 – The World Bank Board of Executive Directors approved today a US$100 million COVID-19 Response and Recovery Development Policy Loan for Barbados. The operation will support the country’s […]
WASHINGTON, June 8, 2021 — The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies. However, […]
Behind Louise Lawrence’s friendly smile and pleasant manner is a steely resolve. That resolve is necessary as she navigates a typically male-dominated field as a farmer in St Ann, on Jamaica’s verdant […]
WASHINGTON, May 12, 2021 — Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to low- and middle-income countries reached $540 billion […]
WASHINGTON, April 20, 2021 – Commodity prices continued their recovery in the first quarter of 2021 and are expected to remain close to current levels throughout the year, lifted by the global […]
WASHINGTON, March 29, 2021 — Latin America and the Caribbean (LAC) suffered more health and economic damage from the COVID 19 pandemic than any other region, although there is potential for significant […]
World Bank officials have approved a $75 million grant through the International Development Association (IDA) to finance Haiti’s fight against food insecurity, natural disasters and health crisis like the novel coronavirus pandemic. […]
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