The African Union has backed a campaign to end the use by governments and international organizations of the 16th-century ...

International financial experts have significantly downgraded economic projections for both America and the world, with the ...

The World Bank and IMF are increasingly focused on expanding their mandate at the expense of economic development and financial stability goals. This paper urges these institutions to “get back to ...

The alleged abuse occurred in separate incidents in November 2023, February 2023, and as recently as July 2025.

The World Bank sees better global economic growth than previously forecast in 2023, due to resilient U.S. consumer spending and China’s recovery from the pandemic earlier this year.

Under pressure from world leaders, development experts and shareholders, the bank opens its spring meeting on Monday, poised for big changes. By David Gelles and Alan Rappeport Mr. Gelles writes ...

U.S. Treasury Secretary Janet Yellen arrives to a news conference during the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 14, 2022.

The World Bank is in a unique position to help developing countries prepare for climate change. Here are two things critics say it could do better, and one they say it shouldn’t do at all.

In 2013, the bank set a goal to end extreme poverty, experienced by people living on $2.15 or less per day, by 2030. World Bank officials have since said that the lender will not succeed in that ...

The World Bank is an international development organization owned by 189 countries. Its role is to reduce poverty by lending money to the governments of its poorer members to improve their economies ...