The Post has obtained leaked photos that show World Bank president Ajay Banga and his team living it up on a private jet.

Biden pledged a $4 billion U.S. contribution to the World Bank's International Development Association fund for the world's poorest countries.

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Adding to crises like the pandemic, recent stress in the banking system is a new threat to world growth, experts at the organization said.

WASHINGTON (Reuters) -The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying that higher tariffs and heightened uncertainty ...

Large projects funded by the bank have left millions of poor people worse off, an investigation found. The bank says the vast majority of its projects don't fall into this category.

World Bank President Ajay Banga wants to focus on improving the development lender so that he can earn the right to press member countries for more capital, as the new chief looks to expand its ...

Trump’s budget includes $4.15b for World Bank’s fund for poorest countries Find out what’s new on ST website and app.

The World Bank has slashed its 2025 global growth forecast, citing trade tensions and policy uncertainty as the United States imposed wide-ranging tariffs that weigh on global economic forecasts.

“The World Bank is profitable,” he said, noting that it more than covers its own administrative costs even if most of its projects are designed to yield slim returns.

The World Bank upgraded its outlook for the global economy and said the “impressive” U.S. economy is powering the world. The latest outlook estimates the global economy will expand 2.6 percent ...

The World Bank's IDA fund, which provides mainly grants and very low interest loans to the poorest countries, is replenished every three years, and a pledging conference is scheduled for Dec. 5-6 ...