The 39 economies classified as facing conflict or instability are set to be home to 60% of those who live in extreme poverty ...

Surging interest rates and waning financing options threaten a “lost decade” for poor countries. ... with the headline: Record Debt Burdens Are Threatening Developing Nations, World Bank Says.

The World Bank has announced it will divert no less than 45% of its funding toward climate change, shifting some $40 billion annually away from poverty and hunger, according to reports. Getty ...

Working with countries and partners, plan will ensure household surveys every three years in 78 countries. WASHINGTON, October 15, 2015— Addressing huge gaps in the collection of poverty data, the ...

A 2015 United Nations goal of ending “poverty and hunger everywhere” by 2030 will not be met, the bank said. In 2000, the World Bank classified 63 countries as “low income.” ...

WASHINGTON (Reuters) -The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural ...

Developing nations spent a record $443 billion in debt service payments in 2022, according to the World Bank, which warned the situation risks tipping more countries into crisis and setting off a ...

In April, as worries about poor countries intensified, world leaders issued elaborate promises for help. “The World Bank Group intends to respond forcefully and massively,” Mr. Malpass said.

The poorest countries in the world now spend over a tenth of their export income to service external debt, the highest proportion since 2000, the World Bank said on Tuesday in its annual ...

The World Bank has proposed a "Vulnerability Fund" to siphon off0.7 percent of developed countries' stimulus packages forassistance to poor countries.

David Malpass has—like most of the people I have known who have worked in the World Bank—become obsessed with improving the lives of people who live in poor countries, and this collective ...

WASHINGTON -- A World Bank internal report said some creditors have been slow to hop aboard an ambitious international program aimed at relieving the high debt burdens of poor nations. The report ...