A group of allied countries want to use the same kind of government-backed financing that helped rebuild Eastern Europe after ...

I N JUNE 2023 the world’s biggest development bank seemed to be undergoing a transformation. At a summit in Paris, the ...

China's economic growth is expected to slow over the next two years as weak domestic demand, a prolonged property market ...

By Andrea Shalal WASHINGTON, June 11 (Reuters) - The World Bank on Thursday cut its global growth forecast for 2026 to 2.5% due to the war in the Middle East, and said growth could slow to just 1.3% ...

By David Lawder WASHINGTON, June 29 (Reuters) - The World Bank Group said on Monday it will "retire" its previous goal to ...

By Andrea Shalal WASHINGTON, June 30 (Reuters) - The World Bank will phase out its lending to China by 2031 after years of ...

The World Bank decided to remove quantitative targets for incorporating climate objectives into its financing, months after ...

The World Bank approved a long-awaited $750 million loan to Kenya in support of reforms aimed at enhancing good governance ...

The World Bank Group said on Thursday it is in contact with Venezuelan authorities and assessing how best to support the ...

Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation by ...

Sri Lanka's promotion is part of a broader reshuffle in the World Bank's latest income classifications, which took effect on ...

This week, world leaders and central bankers will convene in Washington, D.C., for the annual spring meetings of the International Monetary Fund and the World Bank. Both the chaos coursing through the ...