The World Bank is partnering with Turkey's Vakifbank to mobilise up to 1.5 billion euros ($1.76 billion) to expand access to ...

The gap between developing nations' debt servicing costs and new financing hit a more than 50-year high of $741 billion ...

The gap between external debt repayments and new financing in developing countries widened to $741 billion between 2022 and 2024, the largest in at least 50 years, according to the World Bank.

Jin Liqun, the first president of the AIIB, talks international cooperation, infrastructure, and investment in an interview ...

World Bank Group President Ajay Banga and Asian Development Bank (ADB) President Masato Kanda today announced the first two Pacific projects to be delivered under the Full Mutual Reliance Framework, ...

The World Bank Board of Executive Directors today approved financing for two critical programs in the Indian states of Uttar ...

Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation by ...

Myanmar’s economy will contract this year amid civil war and ongoing drag from a March earthquake, according to the World Bank, which sees growth also constrained by weak domestic demand, labor ...

World Bank bureaucrats who jetted to the United Nations’ annual global warming conference spewed CO2 emissions equal to what’s produced by 200 US households in a year — sparking accusations of climate ...

The combination of technology and traditional banking will drive a more modern, efficient and accessible future ...