In this policy brief, the Director of the UNDP Resilience Hub for Africa, Zeynu Ummer, examines, examines how today’s global disruptions—rising inequality, climate stress, geopolitical rivalry, and weakening multilateralism—interact with Africa’s development challenges. He argues that when markets operate without effective safeguards and institutions l...
Assets (EUR millions)BalanceDifference compared with last week due to transactionsTotals/sub-totals may not add up, due to rounding1Gold and gold receivables1,279,46202Claims on non-euro area residents denominated in foreign currency504,736−6682.1Receivables from the IMF226,881−152.2Balances with banks and security investments, external loans and other e...
The Asian Infrastructure Investment Bank (AIIB, AAA/Aaa/AAA*) has opened its 2026 borrowing program pricing a USD1 billion 10-year benchmark bond with the highest level of interest yet recorded for an AIIB transaction. The SEC-registered U.S. dollar Sustainable Development bond drew indications of interest reaching USD9.7 billion, the highest level re...
SummaryAt the request of the Government of Sierra Leone, an inter-departmental IMF team conducted a Governance and Corruption Diagnostic (GCD). The GCD provides a detailed assessment of governance and corruption vulnerabilities in key state functions of fiscal governance, financial sector oversight, anti-money laundering and combating the financing of terr...
SummaryStrong growth has continued during 2025 as large financial inflows have contributed to robust domestic demand, but the medium-term outlook remains vulnerable to a less favorable external environment in the context of regional and global uncertainty. Tajikistan’s favorable economic performance creates an opportunity to deepen reforms to address stru...
Policy Dialogue Advancing Just Transition: Integrating Local Perspectives in Malaysia's Green and Resilient DevelopmentUNDP in Malaysia, Singapore and Brunei DarussalamMalaysia’s shift toward a low-carbon future is gaining pace, but a crucial question remains: who stands to benefit, and in what ways? In December 2025, this question set the tone for a ...
Geopolitical tensions, trade policy shifts and weak investment continue to dampen momentum, with high debt and persistent cost pressures posing particular challenges for developing economies.© Shutterstock/stetskoThe global economy is expected to grow 2.7% in 2026, slightly below the 2.8% estimated for 2025 and well under the pre-pande...
HIGHLIGHTThe global economy has shown resilience, but the outlook remains clouded by trade tensions, fiscal strains and persistent uncertainty. Growth is expected to slow to 2.7% in 2026, below 2025 levels and the pre-pandemic average, as subdued investment and structural headwinds weigh on momentum despite easing inflation and monetary loosening.With...
Source: Official Photo Stream (Cerimônia de Anúncio da Rede Nacional de Hospitais e Serviços Inteligentes do SUS e de Assinatura do Contrato de Empréstimo do NDB para Implantação do Primeiro Hospital Inteligente do Brasil)At the signing ceremony for the Brazil Smart Hospital Project held in Brasília on January 7, 2026, NDB President H.E. Mrs. Dilma ...
World Bank Group Institute for Economic Development AI tools presetation and demo. Photo: World Bank Development research turns into action when people, technology, and collaboration work together.Development economics knowledge is expanding fast - but much of it isn’t reaching the people who could use it most. Researchers struggle to amplify their i...
