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 World Bank focuses on poverty reduction and the improvement of living standards worldwide by providing low-interest loans, interest-free credit, and grants to developing countries for ...

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

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

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 ...

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

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 ...