Reorganizing and reforming the World Bank — with its 25,000 staff and consultants, 120 offices around the globe, and financing of $440 billion over four years — is a massive undertaking.

In its latest report on international debt, the World Bank said that low- and middle-income countries had paid $443.5 billion toward principal and interest in 2022. That is the highest level in ...

WASHINGTON — The World Bank warned on Monday that the coronavirus pandemic and Russia’s war in Ukraine had contributed to a decline in the global economy’s long-term growth potential ...

The U.S. has nominated Ajay Banga to head the World Bank. A naturalized American, Banga has decades of experience in finance but faces major challenges at the multilateral lending institution.

The World Bank warns the global economy will come "perilously close" to a recession this year, led by weaker growth in the world's top economies — the United States, Europe and China.

Moritz Nebe, Sector Manager at MIGA, joins Expert Answers to unpack what these changes mean for investors and the developing world. What do economies need to do to enable businesses to thrive, for the ...