AI adoption can help create jobs, sustain growth WASHINGTON, October 6, 2026—Exceeding earlier projections, growth in South Asia is expected to increase to 6.9% this year, with strong domestic demand …
GROWTH
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Global Affairs
Nepal’s Growth Projected to Slow Following Devastating Rasuwa Flood
by NNW Bureauby NNW BureauKATHMANDU, October 6, 2026—Growth in Nepal is projected to slow to 3.7% in FY27 following disruptions to industry and services caused by the August 26 flood, according to the World …
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Economy & Development
Bangladesh Needs Urgent Financial, Energy, and Revenue Reforms to Restore Growth, Create Jobs
by NNW Bureauby NNW BureauDHAKA, October 6, 2026—Since 2023, Bangladesh’s economic growth has been facing slowdown as persistent structural constraints—including deepening energy sector, financial sector vulnerability, and weak domestic revenue mobilization—along with global uncertainties …
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Economy & Development
Tourism as a driver for jobs and growth in the Middle East and North Africa
by NNW Bureauby NNW BureauEven in periods marked by uncertainty, conflict, and economic shocks, people continue to travel across the Middle East and North Africa. Businesses adapt, communities continue to welcome guests, and tourism …
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Good morning, everyone. It is my great pleasure to welcome you to the fifteenth IMF-Japan High-Level Tax Conference for Asian Countries. I would like to thank Japan’s Ministry of Finance …
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Economy & Development
Zimbabwe Must Leverage Macroeconomic Stability to Accelerate Growth and Create 230,000 New Jobs by 2040
by NNW Bureauby NNW BureauHARARE, September 4, 2026 – Following recent progress on macroeconomic stabilization, Zimbabwe has a timely opportunity to build long-term economic momentum and expand formal job opportunities, according to a new World …
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Economy & Development
World Bank Group Report Identifies New Engines for Thailand’s Next Phase of Growth
by NNW Bureauby NNW BureauBANGKOK, September 3, 2026 — Thailand has an opportunity to accelerate its transition toward a high-income, innovation-driven economy by raising productivity growth through upgrading and greater dynamism across firms, people, and …
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Asia is home to more than half of humanity and a large share of global growth, trade, and innovation. Its diversity stretches from Pacific islands to China and India, from …
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Economy & Development
World Bank Group Supports Zambia–Malawi Interconnector to Power Growth, Jobs, and Regional Energy Trade
by NNW Bureauby NNW BureauWASHINGTON, July 23, 2026—Zambia and Malawi are set to strengthen energy security and expand regional power trade through new cross-border electricity transmission infrastructure that will support business growth, improve productivity, …
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Economy & Development
Central African Republic: Reforming public finances to support growth
by NNW Bureauby NNW BureauBANGUI, July 2, 2026 – A new World Bank report released today calls for urgent structural reforms in the public finance sector and the mobilization of domestic resources in the Central …