U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...

WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the ...

The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest ...

Hundreds of global finance leaders will descend on Washington this week, each with a singular mission: Who can I talk with to ...

World Bank president Ajay Banga on Wednesday doubled down on his push to revamp the bank's energy strategy to end a ban on lending for nuclear power projects and enable more natural gas projects ...

Under the deal, the WB will provide $650 million to Bangladesh for the Bay Terminal Marine Infrastructure Development Project ...

Lebanon is seeking international support to cover an estimated $11 billion in reconstruction costs, as its government ...

US Treasury Secretary Scott Bessent asked the International Monetary Fund and the World Bank to get back to their core ...

The projects will be implemented by the Chittagong Port Authority under the Ministry of Shipping and the Department of  Social Services under the Ministry of Social Welfare and Finance Division ...

The World Bank has softened its once-vocal cheerleading ... s commitment to put 45 percent of its annual lending toward climate-related projects in fiscal year 2025. “Remember, we have a board ...

Information obtained from the World Bank’s website on Sunday showed that the two loans expected to be approved today include $80m for the Accelerating Nutrition Results in Nigeria 2.0 project ...

A World Bank loan-backed water project designed to improve access to clean water in Ekiti, Rivers, and Bauchi states has instead left the states burdened with debt while failing to fulfil the ...