Poorest nations set to lose out as Western countries redirect development funding to defence and domestic spending.

The World Bank is strengthening its procurement requirements to help address the jobs challenge in developing countries by requiring companies working on World Bank-funded projects to include local ...

During his four-day official visit, World Bank’s new Vice President for the South Asia Region Johannes Zutt will meet with the chief adviser, the finance adviser, Bangladesh Bank governor, and other s ...

Many of the serious problems with the country’s microfinance sector were present at its inception in the 1990s.

South Korea has introduced new measures to boost currency trading during extended market hours, after a year of market reforms to open up the onshore foreign exchange market, its finance ministry ...

Watch: Rishabh Pant, World Bank come together to promote cleaner air in South Asia Pant’s voice adds weight to the World Bank’s on-going push for stronger regional cooperation on air quality across ...

New Delhi: The World Bank has turfed out Pakistan and Afghanistan from of its South Asia administrative region, said two people aware of the development, even as India presses multilateral banks ...

The world’s most desperate countries are falling further and further behind, their plight worsened by conflicts that are growing deadlier and more frequent.

WASHINGTON, June 27, 2025—The World Bank has appointed Johannes Zutt as the new Vice President for the South Asia Region, succeeding Martin Raiser. His appointment is effective from July 1, 2025.

The IAEA and The World Bank announced a partnership today to support the safe, secure and responsible use of nuclear energy in developing countries.

The World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the International Atomic Energy Agency to support countries that choose to include ...

The World Bank announced Wednesday that it will invest over $1.3 billion to improve the quality of life in three war-torn countries in the Middle East.