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World Bank unveils strategy to boost private investment, job creation globally

World Bank Group is rolling out a new strategic roadmap aimed at mobilising private capital and accelerating job creation, particularly in developing economies. Speaking during a plenary session at the institution’s Annual Meetings in Washington, President Ajay Banga announced the development of the IFC2030 Strategy, designed to unlock greater private The post World Bank unveils strategy to boost private investment, job creation globally appeare…

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In recent days the annual meetings of the World Bank and the International Monetary Fund were held, where the vision of the world economy and the prospects for the present and next year were presented. It is expected that in 2025 the world will show an average increase in GDP of 3.2% and by 2026 it will be 3.1%; for Asian nations the respective numbers are 5.2% and 4.7%, for Africa of 4.1% and 4.4%, while for Latin America there are data of 3.6%…

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World Bank Group President Ajay Banga gave a keynote speech at the Bank and International Monetary Fund’s 2025 annual meeting, presenting a new vision for economic development based primarily on job creation. He said the world was facing “one of the greatest demographic shifts in history”: in the next decade and a half, some 1.2 billion young people would enter the workforce, while projections predicted only about 400 million jobs would be creat…

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National Accord Newspaper broke the news in on Saturday, October 18, 2025.
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