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The region's gross domestic product (GDP) is forecast to plummet to 1.9% in 2023 from 6% in 2022, due to oil production cuts amidst subdued oil prices, tight global financial conditions, and high inflation, ing to the latest issue of the World Bank MENA Economic Update (MEU).

The World Development Report (WDR) is an annual report published since 1978 by the International Bank for Reconstruction and Development (IBRD) or World Bank. Each WDR provides in-depth analysis of a specific aspect of economic development.

The upcoming World Bank Jobs Flagship report will provide operational guidance to support the creation of better jobs with economic transformation in developing countries. Linking the transition to greener economies to the creation of better jobs can offer double dividends, for the environment and for workers.

In the World Development Reports, the World Bank classifies countries based on per capita income. It classifies countries into four categories, namely low-income countries, lower-middle-income countries, higher-middle-income countries, and high-income countries.

Its role is to reduce poverty by lending money to the governments of its poorer members to improve their economies and to improve the standard of living of their people. The Bank is also one of the world's largest research centers in development.

Project Appraisal Document (PAD) This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.

The primary World Bank collection of development indicators, compiled from officially-recognized international sources. It presents the most current and accurate global development data available, and includes national, regional and global estimates.

What are examples of Banking Documents? Banking Documents could include Bank Statement, Financial Records, correspondence from your bank confirming that you have an active account.