A Brief History of the World Bank. In 1944, Allied nations convened in what became the Bretton Woods conference to establish—officially a year later—the International Bank for Reconstruction ...

The world’s most desperate countries are falling further and further behind, their plight worsened by conflicts that are ...

The goal of ending extreme poverty around the globe remains elusive partly due to compounding challenges faced by economies ...

For the fiscal year 2024, the World Bank distributed $36.902 billion in IBRD loans, $23.094 billion in IDA credits, and $8.101 billion in IDA grants. The IBRD loans money to creditworthy countries.

The 39 economies classified as facing conflict or instability are set to be home to 60% of those who live in extreme poverty ...

The World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the ...