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The World Bank will host a high-profile regional launch of its Country Policy and Institutional Assessment (CPIA) Africa Report in Monrovia on Thursday, July 10, 2025, with the event set to feature ...
The World Bank is reconsidering its ban on financing upstream projects amid a push to bolster the power sector.
The World Bank has slashed its global growth forecast to 2.3%, citing trade tensions driven by US tariffs as the primary cause of the sharp downturn.
The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over tariffs and ongoing trade disputes.
The bank also lopped 0.4 percentage points off its forecast for global growth this year. It now expects the world economy to expand just 2.3% in 2025, down from 2.8% in 2024.
The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast. It also called for all nations to reduce tariffs.
The World Bank forecasts a significant decline in global commodity prices, predicting a 12% drop in 2025 and another 5% in 2026, bringing them back to pre-pandemic levels.
World Bank climate message shifts amid Trump era uncertainty The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest shareholder.
“The World Bank is profitable,” he said, noting that it more than covers its own administrative costs even if most of its projects are designed to yield slim returns.
Senior figures at the World Bank have said it should consider changing its lending policy to include nuclear energy projects. (Image: World Bank) Ahead of the organisation's recent Spring meetings, ...
The World Bank and IMF are increasingly focused on expanding their mandate at the expense of economic development and financial stability goals. This paper urges these institutions to “get back to ...
The World Bank, the world’s largest international development organization, has long faced criticism for a host of perceived shortcomings, including imposing coercive conditions on its loans to ...