Officially known as the World Bank Group, the World Bank is a holding group made up of five development institutions: the International Bank for Reconstruction and Development, the International ...

Funding for 2021-2025 includes a significant boost for adaptation and resilience. Washington DC - 3 December, 2018 --The World Bank Group today announced a major new set of climate targets for ...

The World Bank Group is a family of five multilateral institutions focused on economic development whose overarching mission is global poverty reduction. Established by Western powers in 1944, the ...

The World Bank consists of five different organizations that all aim to meet the group's mission. The International Bank for Reconstruction and Development (IBRD) lends to middle-income and ...

WASHINGTON, April 19, 2023—The 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will take place in Bangkok, Thailand, in October 2026, as decided in a vote ...

The World Bank's board of governors on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, ushering in an Indian-born finance and development expert to revamp the ...

The World Bank said on Friday that it had cleared Syria’s $15.5 million debt after payments by Saudi Arabia and Qatar, making the country eligible again for grants to fund reconstruction and ...

Washington, DC: The 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will take place in Bangkok, Thailand, in October 2026, as decided in a vote by the ...