World Bank plans major crisis aid for developing nations
The World Bank has announced plans to mobilise up to $100bn in financial support for developing economies facing the impact of ongoing global tensions. The bank aims to provide immediate and scalable assistance to help countries manage rising inflation, energy prices, and economic uncertainty. According to its latest report, growth projections for many economies have been revised downward, with significant risks remaining. The support package is intended to strengthen social safety nets, government finances, and business liquidity.
TLDR
- The World Bank is preparing up to $100bn in crisis support for developing economies over the next 15 months.
- Immediate funding of $50bn–$60bn is being made available, including $25bn in pre-arranged financing.
- The bank’s report projects global growth will slow to 2.5 per cent in 2026, with further risks if conflicts persist.
- Brent crude oil prices are forecast to average $94 a barrel in 2026, about 36 per cent higher than in 2025.
- The report warns that rising debt and inflation could make it harder for countries to invest in long-term priorities.
