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 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 ...

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

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

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world ...

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

The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help ...

The World Bank said it is committing $1 billion to help the Democratic Republic of Congo prepare for the development of the next stage of what could be the world’s biggest hydropower project.