The Latest Breaking News from World Bank

School closures and the shift to online learning due to the COVID-19 pandemic have resulted in learning loss in developed and developing countries. Learning loss is generally defined as any specific or general loss of knowledge and skills or reversals in academic progress when students are not in school.

Fabrizio Zarcone, the newly appointed World Bank country manager for Thailand, recommends three fiscal measures to help protect Thai households from shocks, build social cohesion and resilience while creating space for public investment.

Kenya has four presidential candidates in the August 2022 general election. They recently launched their manifestos and one thing ties them together: the economy.

The World Bank is seeking to block release of a report prepared for the Group of 20 major economies that calls for lowering the bank's capital requirements to boost its lending capacity, four sources familiar with the matter said.

After years of Europe pressuring Africa to transition from gas to renewables, EU nations are accelerating dirty fossil fuel burning.

The New Development Bank, which was formed in July 2014, marks its eighth birthday this year. It was formed by the leaders of Brazil, Russia, India, China and South Africa (BRICS) when they met in Fortaleza, Brazil for the bloc’s summit. The bank was seen as a potential alternative to…

The International Monetary Fund and World Bank said on Tuesday they will hold 2022 annual meetings fully in person in October, marking their first major gatherings to return to pre-pandemic conditions since October 2019.

Ukraine is getting an additional $1.7 billion in assistance from the U.S. government and the World Bank

For more than two years, the Biden administration has said that Palestinians are entitled to the same measure of "freedom, security and prosperity" enjoyed by Israelis. Instead, they've gotten US aid and permits to work inside Israel and its Jewish settlements. The inconsistency is likely to come up when President…