The Philippines economic update (PEU) summarizes key economic and social developments, important policy changes, and the evolution of external conditions over the past six months. It also presents findings from recent World Bank analyses, situating them in the context of the country's long-term...

In contrast with the rest of Latin America and the Caribbean, Brazil's poverty rate is estimated to have decreased between 2019 and 2020 to 13.1 percent. Auxilio Emergencial (AE), a large emergency cash transfer program launched in April 2020, is believed to be the main driver of that decrease,...