The Latest Breaking News from the World Bank

The incoming president of the World Bank was born in India and had his early success in business there

Ukrainian President Volodymyr Zelenskyy told a gathering of global finance leaders in Washington that his country needed $14.1 billion immediately for critical reconstruction needs and pleaded with officials to use frozen Russian assets to help pay the cost.

Editorial: The 2010s were a wasted decade for economies and the environment. The 20s have all the makings of a second

Exclusive: Leaked recording raises concerns over governance at development bank, at which David Malpass is now president

Ukrainian President Volodymyr Zelensky on Wednesday denounced Russian "beasts" after a video surfaced on social media purporting to show the decapitation of a Ukrainian prisoner of war. The grisly footage, which prompted outrage and condemnation from UN and EU officials, came as Washington reaffirmed its confidence in Ukraine's military "capability"…

The Treasury secretary's glass-half-full outlook isn't shared by IMF chief.

International Monetary Fund forecasts UK GDP will shrink by 0.3% in 2023, worse than other G7 countries

Finance ministers and central bank governors are meeting at the IMF to discuss challenges facing global economy.

The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, US Treasury Secretary Janet Yellen told AFP ahead of stakeholders' meetings next week where key changes are expected to be announced. Central bankers, finance ministers and participants from more than 180 member countries…

October saw the UK chancellor in the dock. Now the US’s Yellen will face flak over green subsidies and banking security

The United States on Monday welcomed plans by the World Bank to boost annual lending by $5 billion to middle-income countries to fight climate change and other global crises over 10 years, but said it was pushing for more ambitious changes soon.