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World Bank Group President Ajay Banga on Tuesday said proposed new contributions from wealthy countries combined with balance sheet changes could boost the bank's lending capacity by $100 billion ...
The World Bank issued its first euro bond of its new fiscal year on Thursday, and the €3bn 10 year attracted the borrower's ...
The Nigerian government has secured a $500 million loan from the World Bank to boost the electricity sector and improve DisCos' performance nationwide.
The World Bank provides financing, advice, and research to developing nations to aid their economic advancement.
Now the World Bank president finds himself having to defend one of the linchpins of the liberal international order against President Donald Trump, who last month ordered a government review that ...
The World Bank is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to supporting efforts to extend the life of existing reactors and accelerate the ...
Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.
The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to global trade stemming from President Trump’s trade war. Global growth in ...
Under pressure from world leaders, development experts and shareholders, the bank opens its spring meeting on Monday, poised for big changes.
Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor ...
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 ...
It is the World Bank’s job to lend to all 78 of the world’s poorest countries—defined both by their income per person and the sustainability of their debt burden—through a single fund, the ...
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