The World Bank has approved over $1 billion dollars for infrastructure and reconstruction projects in Iraq, Syria and Lebanon ...

The world’s most desperate countries are falling further and further behind, their plight worsened by conflicts that are ...

IDA countries, nations which receive help from the World Bank's International Development Association, paid $96.2bn (€91.9bn) to service their debt in 2023.

The goal of ending extreme poverty around the globe remains elusive partly due to compounding challenges faced by economies ...

Brazil leads Latin America in the number of millionaires, with nearly 400,000 residents holding a net worth of $1 million or ...

The World Bank announced Wednesday that it will invest over $1.3 billion to improve the quality of life in three war-torn ...

Nearly 20% of adults from 14 countries believe they won’t be able to have as many kids as they want, new research found.

The bank can use this money to borrow on financial markets, allowing it to leverage the amount raised by around four times, unlocking about $100bn in new loans and grants, up from $93bn in 2021.

The former bank teller recalled many people with less than $500 in their accounts. "The majority did not even have $1,000. A lot of people didn't even have $500, and it would be their primary ...

South Africa's National Treasury says the World Bank has granted South Africa a $1.5 billion loan to upgrade transportation ...

On 15 October 2024, the World Bank stated in a press release: ‘The global goal of ending extreme poverty - less than $2.15 per person per day - by 2030 is ...