Ajay Banga had spent most of his career in the private sector – as a banker at Citigroup and latterly as the CEO of ...

The World Bank says the cost of reconstruction and recovery for Lebanon following the 14-month Israel-Hezbollah war is ...

For the current 2024 fiscal year, low-income economies are defined as those with a GNI per capita, calculated using the World Bank Atlas method, of $1,135 or less in 2022. Lower middle-income ...

The World Bank issued a new estimate Friday for Lebanon's reconstruction and recovery needs following 14 months of ...

The World Bank Group made a commitment to align all its financing operations with the goals of the Paris Agreement in its Climate Change Action Plan 2021-2025. The Paris Alignment of the Bank Group’s ...

Alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of U.S. Treasury Secretary Scott Bessent ...

WASHINGTON (Reuters) - The World Bank said on Tuesday it will restructure its global operations by shifting its regional management teams from Washington to hub offices around the world ...