We discuss the latest World Bank report that assesses the economic prospects of low-income countries (LICs), noting a marked slowdown in their progress towards middle-income status since 2010. The report analyses the macroeconomic features of LICs, highlighting challenges such as conflict, climate change, and weak institutions, alongside opportunities like demographic dividends and natural resource endowments. Policy priorities for improved graduation prospects are identified, including increased investment, improved governance, and greater international support. Case studies of successful growth accelerations in some LICs are examined to illuminate pathways to sustainable development. Finally, the report emphasizes the need for context-specific policies and increased international collaboration to address the multifaceted challenges facing LICs.