In its second five-year phase, starting in July 2020, the research center in Malaysia will be integrated with the World Bank chief economist unit of the East Asia and Pacific region (EAPCE). This ...

According to the World Bank Group's website, it has two goals it aims to accomplish by 2030: to end extreme poverty, defined as reducing the share of the world population living on less than $1.90 ...

The World Bank Group provides financing, policy advice, and technical assistance to governments, and also focuses on strengthening the private sector in developing countries. The IMF keeps track of ...

In 2013, the bank set a goal to end extreme poverty, experienced by people living on $2.15 or less per day, by 2030. World Bank officials have since said that the lender will not succeed in that ...

The World Bank and the United Nations nuclear watchdog on Thursday launched a new agreement to cooperate on the safe development and financing of nuclear power for developing countries, including ...

Rafael Mariano Grossi, Director General of the International Atomic Energy Agency, and Ajay Banga, President of the World Bank Group, sign a partnership agreement to collaborate on the safe, secure ...

This partnership agreement, signed by IAEA Director General Rafael Mariano Grossi and World Bank Group President Ajay Banga, marks the World Bank Group’s first concrete step to reengage with nuclear ...

World Bank President David Malpass announced Wednesday his plan to step down in June, nearly a year before the end of his five-year term, following a recent controversy over climate change ...

Third, upon request, the World Bank Group and the IMF will help establish country-led platforms designed to mobilize additional climate finance, including from the private sector. The enhanced ...

In its latest report on international debt, the World Bank said that low- and middle-income countries had paid $443.5 billion toward principal and interest in 2022. That is the highest level in ...