Jean Pesme assumed office on Monday as the new World Bank Division Director for Bangladesh and Bhutan. Pesme brings extensive development experience to the role, with a proven track record in ...

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World Bank Group President Ajay Banga and International Atomic Energy Agency Director General Rafael Mariano Grossi outlined ...

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

Global growth is projected to slow to 2.3 percent in 2025, nearly half a percentage point lower than the rate that had been ...

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

Russia endeavors at present to reduce its dependence on Western financial institutions and minimize the use of foreign payment instruments and services, the Russian president said ...

The G7, wielding 30% of global GDP, per World Bank, bears a moral imperative. A G20 - G7 framework, saving $500 billion in ...

Global trade, at $33 trillion in 2024, teeters under protectionism's weight. A G20-led tariff truce could save $500 billion, ...

The World Bank's Board of Executive Directors has approved $250 million in financing to strengthen public sector performance in Bangladesh by enhancing transparency, accountability and efficiency ...

The World Bank was among the first development partners to support Bangladesh following its independence. Since then, the World Bank has committed more than $45 billion in grants, interest-free and ...