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The Latest Breaking News from World Bank

Sub-Saharan Africa Growth Insufficient To Reduce Poverty: World Bank

Learn about the World Bank's report on economic growth in Sub-Saharan Africa and the need for more inclusive policies to reduce poverty.

Top News

World Bank’s funding of ‘hog hotel’ factory farms under fire over climate effect

Environmental and animal welfare groups call on lender to phase out support for ‘industrial’ livestock operations

The Guardian - UK

World Bank Grants Ethiopia World Bank Grants Ethiopia Top News.72 Billion For Infrastructure Development.72 Billion For Infrastructure Development

World Bank provides World Bank Grants Ethiopia Top News.72 Billion For Infrastructure Development.72 billion loan to Ethiopia for power and water infrastructure expansion, aiming to boost economic growth and improve living standards.

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IMF Chief Georgieva Sole Candidate In Reelection Process

The International Monetary Fund confirmed Thursday that its current managing director is the only candidate to lead the global financial institution once her first term expires later this year.

International Business Times

World Bank To Issue World Bank To Issue Top News Billion Debut Hybrid Note Billion Debut Hybrid Note

The World Bank's innovative hybrid note issuance aims to raise World Bank To Issue Top News Billion Debut Hybrid Note billion for sustainable development projects, diversifying funding sources and attracting...

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World Bank Projects 2.2% Growth For Sri Lanka In 2024

World Bank's revised growth forecast for Sri Lanka in 2024 shows promising economic prospects.

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World Bank Lowers Thai GDP Growth Forecast To 2.8%

The World Bank revises Thailand's GDP growth forecast to 2.8% due to global uncertainties and domestic challenges, emphasizing the need for strategic measu...

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Ukraine Receives Ukraine Receives Top News.5 Billion World Bank Funding Tranche.5 Billion World Bank Funding Tranche

Ukraine receives Ukraine Receives Top News.5 Billion World Bank Funding Tranche.5 billion funding tranche from World Bank to boost economy and address challenges, highlighting international support and commitment to...

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‘Here, there is no future’: ethnic cleansing and fresh atrocities drive exodus of thousands from Darfur

Almost a year since conflict reignited in Sudan, its terrified people are crossing borders to Chad and beyond. An increasing number are trying to reach Europe as food supplies dwindle in the refugee camps and the eyes of the world look elsewhere

The Guardian - UK

Modi’s India plans its own democracy index, after global rankings downgrade

The index is being finalised ahead of elections, with New Delhi worried about global criticism hurting sovereign ratings

Al Jazeera

Concrete structures to replace old earthen channels at Sathanur Dam

TIRUVANNAMALAI: World Bank-funded project to replace earthen water channels with concrete structures for efficient irrigation in the region.

The Hindu

Has poverty really dropped to 5% in India?

Has poverty really dropped to 5% in India? The Hindu Parley Podcast discusses the question

The Hindu

Somalia has 99% of $2bn debt cancelled in major boost to fragile recovery

Paris Club of creditor nations agree cancellation as Mogadishu moves towards financial normalisation amid ongoing conflict

The Guardian - UK

World Bank Approves 0 Million Loan For Costa Rica

World Bank approves 0 million loan for Costa Rica to support sustainable development and economic growth during the pandemic.

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The Guardian - UK

Kristalina Georgieva wins backing to run for second term as IMF chief

Bulgaria’s ‘eternal optimist’ in favour with European finance ministers after first five-year stint encompassing Covid and Ukraine

The Guardian - UK

We must address the shocking gender gap at global financial institutions

Letter: Eeshani Kandpal on the dismal lack of women leaders in some of the world’s important organisations

The Hindu

State awards two contracts worth ₹95.24 crore for biomining

The State government has awarded two contracts worth ₹95.24 crore to a Nagpur-based company for biomining and retrieval of legacy dumpsites in 20 towns as part of the World Bank funded Kerala Solid Waste Management Project (KSWMP) under the Local Self Government Department (LSGD).

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World Bank Deems Thai Interest Rates Appropriate And Neutral

The World Bank endorses Thailand's interest rates for economic stability and growth, validating the country's economic policies.

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International Business Times

Ghanaian Finance Ministry Warns Against Fallout From Anti-LGBTQ Law

Ghana's finance ministry has advised President Nana Akufo-Addo against endorsing a highly contested anti-LGBTQ bill, warning that it could end up with the financially-strapped country losing billions of dollars in World Bank funds.

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Zimbabwe Requires Stable Policies For Currency Support: World Bank

The World Bank advises Zimbabwe to adopt predictable policies for economic stability and growth.

Top News

World Bank Aims To Streamline Loan And Investment Guarantees

The World Bank plans to streamline loan and investment guarantees to reach billion annually, supporting global development efficiently.

The Guardian - UK

China needs to do more on ‘silent crisis’ of debt, says World Bank official

Beijing must be more ready to support countries facing distress, says deputy chief economist

International Business Times

World Bank Approves $300 Mn In New Funding For Afghanistan

The World Bank's executive board has approved $300 million in new funds for Afghanistan, which it will deploy outside the control of the Taliban authorities, the development lender confirmed Thursday.

Top News

Ukraine's Recovery: 6 Billion Needed After Years of War

The World Bank estimates that Ukraine will require 6 billion to recover and rebuild after almost two years of ongoing conflict and war.

International Business Times

IMF, World Bank Warn Gaza War, Red Sea Attacks Imperil Global Economy

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red Sea pose threats to the global economy.

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