Malaysia has the highest rate of income inequality among peers nearing high-income status, with inter-ethnic disparity being ...
In 2000, the World Bank classified 63 countries as “low income.” Since then, India, Indonesia and 37 other nations have advanced to “middle-income” status, meaning their annual per-person ...
KUALA LUMPUR: Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.
Malaysia has the highest rate of income inequality among peers nearing high-income status, with inter-ethnic disparity being ...
For low- and middle-income countries – so-called developing economies – growth is expected to come in at 4.1% this year and slow slightly to 4% in 2026. The World Bank says that plodding pace of ...
The World Bank warned that developing economies will ... and too few nations will climb from low-income to middle-income status in the next 25 years. That means hundreds of millions of people ...
The World Bank’s most recent food security update shows that food price inflation rates pushed higher in 2024 in most ...