The World Bank voted on Tuesday to change its internal lending guidelines, freeing up $30 billion in additional lending ...

The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since ...

WASHINGTON (Reuters) -World Bank President Ajay Banga on Tuesday warned that a significant widening of the Israel-Gaza war ...

The World Bank downgraded its economic growth forecast for sub-Saharan Africa as a raging civil war in Sudan stalled activity ...

New Equity-to-Loans Ratio and other measures could enable $150 bln over 10 years WASHINGTON, October 15, 2024—The World Bank Group announced on Tuesday a package of financial measures that will boost ...

U.S. Treasury official Jay Shambaugh says withdrawing the U.S. from the IMF and World Bank would be “a step backward." ...

The Nigerian currency has been ranked among the worst-performing currencies in Sub-Saharan Africa, moving up two places from ...

Angola will extend a cash-transfer program for low-income families as a weaker currency and sky-high inflation continue to ...

Less than half of working age women in Armenia participate in the labor force mainly due to caregiving responsibilities for ...

Brian Moynihan's warnings over the national debt may be falling on deaf ears, but that isn't going to stop the Bank of ...

The World Bank raised its growth forecast for South Asia to 6.4% in 2024 from an earlier estimate of 6.0%, citing the ...

The world's 26 poorest economies are facing the most significant debt burden since 2006, the World Bank announced in a new report published Sunday.