The poorest countries eligible to borrow from the World Bank’s International Development Association (IDA) now spend over a tenth of…
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Debt-Service Payments Put Biggest Squeeze on Poor Countries Since 2000
IDA Countries’ Debt-Service Payments Projected to Top $62 Billion in 2022 The poorest countries eligible to borrow from the World…
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WB : Delivers Record $31.7 Billion in Climate Finance in Fiscal Year 2022
The World Bank Group delivered a record $31.7 billion in fiscal year 2022 (FY22) to help countries address climate change.…
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Indermit Gill Appointed Chief Economist of the World Bank Group and Senior Vice President for Development Economics
World Bank President David Malpass today announced the selection of Indermit Gill as the Chief Economist of the World Bank…
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World Bank : Stagflation Risk Rises Amid Sharp Slowdown in Growth PDF
Russia’s invasion of Ukraine and its effects on commodity markets, supply chains, inflation, and financial conditions have steepened the slowdown…
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World Bank Announces Planned Actions for Global Food Crisis Response
$30 billion available for implementation to address food insecurity over next 15 months WASHINGTON : The World Bank today announced…
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