Climate change and conflict are major drivers of poverty in the affected countries. With an annual per capita income of less than $1,145 (€1,050) a year, the World Bank said these countries "are ...

The World Bank's Prospects Group conducts in-depth analysis of key global macroeconomic developments and their impact on World Bank member countries. The Prospects Group leads the World Bank’s ...

The researchers behind the analysis are calling on the development banks — which include the International Finance ...

U.S. President Joe Biden is set to announce a 'historic' pledge to replenish the World Bank's International Development ...

The Development Committee is a joint committee, tasked with advising the Boards of Governors of the IMF and the World Bank on issues related to economic development in emerging and developing ...

World Bank members reached an agreement this weekend to condone 55 billion US dollars of debs owed by the world's poorest countries to multilateral credit organizations. The World Bank's ...

Britain on Thursday pledged to invest 1.98 billion pounds ($2.5 billion) over three years into the World Bank's International ...

Last month’s BRICS summit saw representatives from thirty-six countries discuss the formation of a new world order without ...

Kose also emphasized the "urgent and important" need for World Bank member nations to continue to support development in poorer countries, a more difficult conversation today as many face their ...