The Latest Breaking News from World Bank

It is too early to tell whether all the talk about reforming development finance at this year's International Monetary Fund and World Bank Spring Meetings will translate into meaningful policy action for the Global South. But multilateral financial institutions increasingly recognise the need to evolve to remain relevant in light…

As the 16th president of Nigeria, Bola Ahmed Tinubu inherits an economy that is grappling with inflation, chronic unemployment, extreme poverty, crumbling infrastructure and insecurity.

In Indonesia's far-east island of Sumba, off-grid solar is lighting up lives for residents still living out of reach of the country's national electricity provider

Senior World Bank officials have expressed interest in the various projects planned by Kerala for achieving carbon neutrality by 2050, the State government said on Friday.

Martin Raiser, Vice President for the South Asia Region, World Bank, on Friday underscored the need for continued vigilance against zoonotic diseases.

Additional World Bank funding for Kerala totalling $315 million, subject to negotiations and approvals, is in the pipeline, Martin Raiser, Vice President for the South Asia Region, World Bank, said here on Friday.

The Hindu’s Morning Digest brings readers a select list of stories to start the day

He replaces Malpass, who was criticised for his stance on climate change and will step down nearly a year early.

Global commodity prices are expected to decline this year at the fastest clip since the onset of the COVID-19 pandemic, clouding the growth prospects of almost two-thirds of developing economies that depend on commodity exports, according to the World Bank's latest Commodity Markets Outlook report. However, according to the bank's…