The Latest Breaking News from World Bank

The leaders of the International Monetary Fund, World Trade Organization and the World Bank on Friday called for quick work on a new action plan on food security to be prepared by international financial institutions.

Saudi Arabia underlined the importance of international cooperation to support global economic recovery and prevent negative repercussions amid the current international circumstances. Saudi Minister of Finance Mohammad Al-Jadaan revealed the Kingdom’s continuous efforts to support people and countries in need, including its recent provision of urgent support in the amount…

Zelenskiy says Russia rejected a proposed Easter truce, but remains hopeful of prospects for peace, as Moscow faces accusations of war crimes in Mariupol

The Prime Minister blamed a lack of "bipartisan support" for his government's failure to establish a federal anti-corruption body. But the evidence suggests it's a broken promise.

Washington (AFP) - Ukraine needs $7 billion in month to keep its economy afloat amid the "economic losses" inflicted by Russia, President Volodymyr Zelensky said Thursday, as the United States announced another infusion of financial aid for the country.

Ukraine news from April 22: Guterres will meet Russian President Putin on Tuesday to press for fighting to stop.

Physical damage to Ukraine's buildings and infrastructure from Russia's invasion has reached roughly $60 billion and will rise further as the war continues, World Bank President David Malpass said on Thursday.

G20 countries have provisionally agreed to set up a global fund for pandemic preparedness, likely to be housed at the World Bank.

Russia's refusal to agree to strong language condemning its war in Ukraine prevented the steering committee of the International Monetary Fund from issuing a formal communique during its meeting this week, the chair of the committee said on Thursday.