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World Bank News

US Treasury head urges new World Bank chief to raise private capital for developmentJanet Yellen stresses importance of support for poorest World Bank member countries, working closer with sister development banks02 June 2023 Friday 18:08

Taliban laud World Bank’s ‘factual assessment’ of Afghanistan’s economic developmentBank report says inflation on downward trend, while exports rising01 June 2023 Thursday 15:38

Ukraine says it received $1.25B from US through World BankKyiv appreciates help of its partners in fight against Russia, says Ukrainian premier31 May 2023 Wednesday 15:58

World Bank selects Ajay Banga as new presidentWhile Banga was only nominee, financial institution says selection process included 'open, merit-based, transparent' nomination03 May 2023 Wednesday 21:33

World Bank approves $1.25B loan for greener BangladeshBank says new program will help Bangladesh achieve upper-middle-income country status by 203128 April 2023 Friday 13:08

Commodity prices expected to show sharpest drop since pandemic: World BankFood prices anticipated to decline 8%, energy prices projected to fall 26% this year28 April 2023 Friday 01:43

Domestic food price inflation remains high worldwide: World BankPrivate infrastructure investments continued last year, says financial institution25 April 2023 Tuesday 00:13

IMF, World Bank to hold 2026 annual meetings in BangkokAnnual meetings to bring together central bankers, ministers of finance, private sector leaders, civil society20 April 2023 Thursday 01:58

US Treasury head calls for reform in IMF, World BankIt is imperative that work continue to support low-income countries, says Janet Yellen12 April 2023 Wednesday 19:23

IMF, World Bank spring meetings begin amid high inflation, slow growth worriesUncertainties, risks still weigh heavily on global economy, say heads of IMF, World Bank10 April 2023 Monday 20:13

World Bank estimates higher growth in East Asia, Pacific region this yearInstitution says region must cope with 3 challenges; tensions between trading partners, aging of major economies, exposure to climate risks31 March 2023 Friday 20:18

Ajay Banga only nominee to lead World Bank as submission period endsBanga, 63, was nominated last month by US President Joe Biden30 March 2023 Thursday 21:58

World Bank allocates $207 million to support food security in YemenAround 1.8 million Yemeni households are set to benefit from the grant28 March 2023 Tuesday 18:23

World Bank, Hong Kong partner to list $350 million catastrophe bond for ChileChile, World Bank agreed last week on insurance program providing $630 million coverage for earthquake damage28 March 2023 Tuesday 18:13

World Bank says global growth to see 30-year low by end of 'lost' decadeDecline in economic growth would be much steeper in event of global financial crisis, recession, says report27 March 2023 Monday 23:28

World Bank chief nominee tests positive for COVID-19Ajay Banga recently visits multiple countries, including UK, Belgium, Panama, Japan24 March 2023 Friday 01:38

Ukraine’s recovery from war needs $411B over next decade: World BankRussia’s war reverses 15 years of economic progress in Ukraine, pushes 1.7M people into poverty, says report23 March 2023 Thursday 13:58

Sri Lanka to get 1st $330M tranche of IMF bailoutGlobal lender approved $3B to support cash-strapped country’s economic policies and reforms22 March 2023 Wednesday 11:13

UAE withdraws candidacy to host IMF-WB meeting in favor to QatarUAE, Qatar restored diplomatic ties in January 202112 March 2023 Sunday 21:03

World Bank halts talks with Tunisia amid uproar over anti-migrant remarksTension rose after Tunisia’s president called for ending flow of migrants from sub-Saharan Africa07 March 2023 Tuesday 13:23

Sustainable recovery of Türkiye's quake-hit region vital for long-term development: OfficialsDecisions made now will affect people's lives for decades to come, says UNDP Türkiye Resident Representative Louisa Vinton07 March 2023 Tuesday 11:48

World Bank announces $2.5B additional grant financing for UkrainePackage to support health care, schools, payment of pensions, internally displaced people, social assistance programs24 February 2023 Friday 23:13

EU economy shows positive signs, but challenges remain amid Ukraine warBloc’s economy still faces challenges such as energy shortages, price hikes and increased uncertainty as war in Ukraine drags on24 February 2023 Friday 02:13

World Bank to provide initial $1.78B for Türkiye’s recovery after earthquakes$780M offered via 2 existing projects, $1B to provide immediate support recovery09 February 2023 Thursday 23:43

About 1B people worldwide served by healthcare facilities that lack reliable electricity supply$4.9B 'urgently needed' to bring minimal standard of electrification to 64% of facilities in low/middle-income countries, says report14 January 2023 Saturday 17:33

Ukraine war has caused over $700B in damage to nation’s economy: Premier‘Restoration of Ukraine’ is among priorities of government in 2023, says Denys Shmyhal04 January 2023 Wednesday 03:08

World Bank approves $1.69B in funding for Pakistan's flood-hit areasFunds will be utilized to rebuild flood-affected areas in southern Sindh province20 December 2022 Tuesday 10:58

World Bank cuts China's growth forecasts for 2022, 2023Chinese economy expected to grow 2.7% this year, 4.3% next year, according to World Bank's latest report20 December 2022 Tuesday 10:43

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