The Latest Breaking News from World Bank

COLOMBO: The World Bank has told Sri Lanka it will not offer new funding unless the bankrupt country carries out “deep structural reforms” to stabilise its crashing economy.

As the global south struggles to grapple with its debt pandemic, experts question the efficacy of the IMF’s conditional lending.

Lebanon's parliament approved on Tuesday a $150 million World Bank loan to import wheat, as shortages of subsidized bread intensify in the cash-strapped country, local media reported. Long lines have formed in front of bakeries and supermarkets where people wait hours for a bag of subsidized Arabic bread -- in…

Lebanese lawmakers have voted to use a $150 million World Bank loan to import wheat for its cash-strapped country

Beirut (AFP) - Lebanon's parliament approved on Tuesday a $150 million World Bank loan to import wheat, as shortages of subsidised bread intensify in the cash-strapped country, local media reported.

U.S. and Taliban officials have exchanged proposals for the release of billions of dollars from Afghan central bank reserves held abroad into a trust fund, three sources familiar with the talks said, offering a hint of progress in efforts to ease Afghanistan's economic crisis.

WINTERS, Calif. — Craig McNamara had come prepared to talk about heavy things.

Simple wooden structures padded with coconut tree fronds are helping residents of Diogue island in southern Senegal to win back stretches of sandy beach from the Atlantic swells that threaten much of the West African coast.

The Middle East is one of the most vulnerable regions in the world to the impact of climate change — and already the effects are being seen