The Latest Breaking News from World Bank

The World Bank has significantly scaled up its ambition to connect Africans to the electricity grid by 2030, from 100 million to more than 250 million, the Bank's president said Wednesday.

The urgent issues of climate financing and global inequality will underpin this week’s spring meetings of the World Bank and the International Monetary Fund – coming amid growing calls for a shake-up of those institutions to avoid a climate-driven “economic catastrophe”.

Pressure piles on World Bank and IMF to steer countries to low-carbon transition at spring summit

IMF, World Bank, and Treasury Secretary Yellen raise concerns over China's overproduction of clean energy goods, urging for measures to address market dist...

Editorial: Many low-income nations are having to spend more on interest payments than vital sustainability goals. That needs to change

Pakistan has initiated discussions with the IMF over a new multi-billion dollar loan agreement to support its economic reform program, its new finance minister told AFP on Monday.

US Treasury acknowledges progress in IMF and World Bank reforms, emphasizing the need for ongoing improvements in multilateral financial institutions.

US Treasury Secretary Janet Yellen to address China's economic growth concerns at upcoming IMF and World Bank meetings, fostering international economic co...

World Bank and IMF warn of 'historical reversal' in development for poorest nations due to COVID-19 impact.

Poverty reduction drive all but halted across many nations as Bank calls for more money to tackle a ‘great reversal’

The spring meetings of the International Monetary Fund and the World Bank are due to open Tuesday, with two clear objectives: help countries combat climate change, and assist the most indebted nations.