The reversal comes after environmental and Indigenous rights groups pushed the bank to acknowledge environmental concerns.

BANGKOK, Oct 11 (Reuters) - Finance officials from around the world will gather in Bangkok this week under the shadow of a ...

The World Bank plans to increase its critical minerals business fivefold over the next five years, with a target of $19 billion in financing between fiscal 2026 and 2030, according to President Ajay ...

US Treasury Secretary Scott Bessent issued a long list of demands for the World Bank in line with Trump administration ...

IMF Chief Kristalina Georgieva warned AI is hitting the global labor market like a “slow-moving tsunami,” with young workers entering the job market the most exposed.

This week, world leaders and central bankers will convene in Washington, D.C., for the annual spring meetings of the International Monetary Fund and the World Bank. Both the chaos coursing through the ...

Impoverished countries do not have much in common. Half the population of Niger, a landlocked African nation beset by military coups, live in extreme poverty, eight in ten people have no access to ...

The Legal Vice Presidency includes dedicated teams supporting the World Bank's lending, finance, policy, and advisory functions across six broad areas: The Operations team advises and supports the ...

By Andrea Shalal BANGKOK, Oct 13 (Reuters) - The United Nations Development Programme on Tuesday announced new initiatives to ...

In a significant move to strengthen global public asset management frameworks, the World Bank’s Executive Directors approved the relaunch of the World Bank Reserve Advisory and Management Partnership ...

World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals ...