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 core mission of the World Bank is a world free of poverty on a livable planet. Measuring poverty on a regular basis using timely and relevant data is critical to tracking progress toward this goal ...

The World Bank upgraded its outlook for the global economy and said the “impressive” U.S. economy is powering the world. The latest outlook estimates the global economy will expand 2.6 percent, an ...

Impoverished countries do not have much in common. Half the population of Niger, a landlocked African nation beset by military coups, live in extreme poverty, eight in ten people have no access to ...

The World Bank is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to supporting efforts to extend the life of existing reactors and accelerate the ...

HONG KONG, Nov 11 (Reuters Breakingviews) - When China set up the Asian Infrastructure Investment Bank a decade ago, Washington warned the new lender would serve as a diplomatic tool of the People's ...