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

By Andrea Shalal WASHINGTON, June 30 (Reuters) - The World Bank will phase out its lending to China by 2031 after years of ...

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

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

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% ...

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

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

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

In today's rapidly changing world, innovation and knowledge for development are more crucial than ever. The World Bank Group is renewing its approach to knowledge, ensuring that the best global ...

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

Susana Cordeiro Guerra is the Vice President for the Latin America and the Caribbean region at World Bank. In this role, she manages the Bank’s engagement with 31 countries across the region and ...