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

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

The World Bank said on Monday it had lowered its economic growth forecast for sub-Saharan Africa this year to 3% from 3.4%, ...

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

Key among the reforms was the announcement that the IBRD's minimum equity-to-loans ratio will fall to 18 percent from 19 percent, which will generate $30 billion in additional financing ...

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

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

The World Bank has announced a 500-million-dollar grant to support Nigeria’s recovery efforts from the impacts of the ...

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 ...