A group of allied countries want to use the same kind of government-backed financing that helped rebuild Eastern Europe after ...

I N JUNE 2023 the world’s biggest development bank seemed to be undergoing a transformation. At a summit in Paris, the ...

China's economic growth is expected to slow over the next two years as weak domestic demand, a prolonged property market ...

By Andrea Shalal WASHINGTON, June 11 (Reuters) - The World Bank on Thursday cut its global growth forecast for 2026 to 2.5% due to the war in the Middle East, and said growth could slow to just 1.3% ...

By David Lawder WASHINGTON, June 29 (Reuters) - The World Bank Group said on Monday it will "retire" its previous goal to ...

Iraq has preserved its upper-middle-income status in the World Bank’s most recent 2026-2027 Country Income Classifications, ...

The organization is scrapping a target to commit 45% of its annual financing to projects with climate benefits amid increased ...

The World Bank decided to remove quantitative targets for incorporating climate objectives into its financing, months after ...

The internal watchdog of the International Finance Corp. found that the lenders pressured borrowers to keep paying back loans ...

The World Bank approved a long-awaited $750 million loan to Kenya in support of reforms aimed at enhancing good governance ...

The World Bank Group said on Thursday it is in contact with Venezuelan authorities and assessing how best to support the ...

Five Indian states have crossed the World Bank's upper-middle-income benchmark, while Maharashtra misses the threshold by ...