Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

The World Bank Group works with developing countries to reduce poverty and increase shared prosperity, while the International Monetary Fund serves to stabilize the international monetary system and ...

The Board of Executive Directors of the World Bank Group met today under the Chairship of its Dean, Mr. Koen Davidse, to discuss the selection process for the next President of the World Bank Group, ...

An SDR-denominated, dollar, euro, yen, pound, or even yuan-settled bond issued by the World Bank wouldn’t directly provide what the World Bank needs most – new capital.

Washington DC [US], March 15 (ANI/WAM): Partners, clients, and private-sector leaders will gather here for the 2nd edition of the World Bank Group's Global Digital Summit to explore, together ...

The World Bank has approved a $146 million grant to help Syria restore reliable, affordable electricity and support the country's economic recovery, it said in a statement on Wednesday.

The World Bank Group is the world’s largest provider of funding for sustainable development. Its primary goal is to fight extreme poverty and promote a just distribution of the world’s wealth. In ...

This partnership agreement, signed by IAEA Director General Rafael Mariano Grossi and World Bank Group President Ajay Banga, marks the World Bank Group’s first concrete step to reengage with nuclear ...

The World Bank Group's private investment arm and guarantee agency have pledged more support for the first private telecoms operator in Ethiopia, Safaricom Ethiopia.

The World Bank Group has partnered with the IAEA to support safe and responsible use of nuclear power in developing nations.

Reuters The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz/File Photo ...

The World Bank Group said on Monday it had started operating a new one-stop-shop loan and investment guarantee platform which it hopes will triple the provision of guarantees and risk insurance ...