Formal saving in developing economies surged to its highest level in more than a decade in 2024, powered largely by the widespread use of mobile phones and digital financial tools, the World Bank said in its new Global Findex 2025 report. For the first …

… , July 18, 2025—The World Bank is strengthening its procurement requirements … jobs challenge in developing countries by requiring companies working on World Bank-funded projects … the World Bank. “By prioritizing the use of local labor in World Bank-funded …

JOHANNESBURG - South African Reserve Bank (SARB) governor Lesetja Kganyago has called for emerging market and developing economies to urgently address the widening insurance protection gap in the face of growing natural disasters. The calls from Kganyago …

  The World Bank's Global Findex 2025 … to 10% among adults in developing countries.   Global account ownership is now … , offering potential for expanded access.   World Bank President Ajay Banga emphasizes the …

… : A new report from the World Bank shows that many people in … than the average for other developing countries, which stood at just 5% … what is seen in other developing countries. In those places, on average …

… 40% of adults in developing countries now save money using … The smartphone effect  The World Bank noted that mobile-phone … potential into reality,” said World Bank President Ajay Banga, noting … you should know  The World Bank report underscores the growth …

Advertisements More adults across Africa and developing economies are saving money through banks and mobile money wallets than at any point in history, but financial exclusion is still entrenched.  Revealed in World Bank’s Global Findex 2025 report, 40% of …

… Philippines and Thailand,” the World Bank said. World Bank data also showed that over … a smartphone. Across all developing countries, the World Bank said more adults are using … helping bring progress, the World Bank said dedicated financial inclusion efforts …

… emission reduction initiatives primarily in developing countries while promoting sustainable development. … Rest of MEA. ✔Key Players » World Bank » Gold Standard Foundation » Verra » … led by entities such as World Bank, Gold Standard Foundation, Verra, …

… World Bank Group has reported a significant rise in formal saving across developing nations … gender gap. More adults in developing countries are also using digital payments … to fraud and theft. The World Bank called for stronger consumer protection …