The Latest Breaking News from the World Bank

Learn about the World Bank's new initiative to alleviate the financial burden of countries during disasters by offering access to emergency funds from exis...

More than three months into Israel's war in Gaza, the economy of the West Bank is reeling. Many fear the economic pain may lead to even more violence in the territory.

The Cabinet on Wednesday cleared the Kerala Climate Resilient Agri-Value Chain Modernisation (KERA) Project aimed at modernising the State’s food and nutritional security. The World Bank-aided project has an outlay of $285 million. It places emphasis on the increased participation of small farmers and micro, small and medium enterprises (MSME)…

The World Bank predicts global growth to decelerate for the third year in a row in 2024, signaling potential challenges ahead. Stay informed!

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024

It has become an article of faith among many economists that China’s pro-market reforms of the 1980s and 1990s ushered in a sustained reduction in poverty.

The picturesque Himalayan kingdom of Bhutan holds general elections on Tuesday with serious economic challenges calling into question its longstanding policy of prioritising "Gross National Happiness" over growth.

The historic Bretton Woods summit shaped a golden era of growth. This year’s G20 could be our equivalent, says academic and economist Michael Jacobs

The World Bank is working to slash how long it takes to get financing projects off the ground as part of a push to speed up and scale up the 79-year-old development lender, its president told AFP on Wednesday.