Village savings and loans groups or village banks have emerged as the primary source of borrowing for a majority of people to ...

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 ...

The World Bank has announced Mr. Hideki Matsunaga as the Country Manager for Somalia. He will oversee the design and implementation of the Somalia portfolio totaling $2.63 billion.Mr. Matsunaga, a ...

The World Bank is reconsidering its ban on financing upstream projects amid a push to bolster the power sector. The World Bank's board lifted its ban on nuclear power financing on Tuesday and is ...

The World Bank on Tuesday agreed with President Trump's complaint that foreign countries engage in unfair trade practices with the US and urged the nations to ease their tariffs on American exports.

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.

After the Hamas attack on Oct. 7, 2023 ignited the devastating war in Gaza, a deadly new reality also took hold for Palestinians in the occupied West Bank. With the world’s attention focused on Gaza, ...

“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.

Sri Lanka has been selected as one of 20 countries to establish a World Bank Group (WBG) integrated office, set to open in July 2025, according to an announcement made by WBG President Ajay Banga ...

World Bank officials are panicking over the prospect of severe budget cuts as President-elect Donald Trump pledges to slash US government spending, The Post has learned.

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, ...

Associated Press ‘U.S. growth is exceptional’: World Bank sees America fueling the global economy in 2024 The wider world, the bank’s deputy chief economist fears, ‘might become stuck in ...