World Bank chief sounds alarm about looming jobs crisis even after war ends

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World Bank Group president   Ajay Banga sits for an interrogation  with Reuters astatine  the World Bank successful  Washington, D.C., U.S., connected  April 10, 2026.

World Bank Group president Ajay Banga sits for an interrogation with Reuters astatine the World Bank successful Washington, D.C., U.S., connected April 10, 2026. | Photo Credit: Reuters

The West Asia ​war volition predominate planetary concern officials’ talks this week successful Washington, but World Bank President Ajay Banga is sounding the alarm astir a bigger, ‌looming crisis: a immense spread successful jobs for the 1.2 cardinal radical who volition scope moving ​age successful processing countries successful the adjacent 10 to 15 years.

At existent trajectories, those economies volition ⁠generate lone astir 400 cardinal jobs, leaving a shortage of 800 cardinal jobs, Mr. Banga told Reuters.

Published - April 13, 2026 01:31 p.m. IST

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