The collaboration underscores a novel approach by the World Bank towards electrification that balances ease of access, affordability, dependability and emission management.

The World Bank Group works with developing countries to reduce poverty and increase shared prosperity, while the International Monetary Fund serves to stabilize the international monetary system and ...

The goal for the East Asia & Pacific Chief Economist (EAPCE) Research Center is to become a center of intellectual leadership on economic development of regional and global significance.

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 ...

The World Bank Group is an international development bank with a mission to reduce global poverty by providing financial assistance and advice to member countries.

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 ...

The World Bank pointed to the variable interest rates on the debt that many developing countries owe and are struggling to repay as a looming threat to their solvency.

Topline 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 ...

The World Bank Group (WBG) recently revised two key sanctions system procedures to account for 10 to 15 years of sanctions case development and issue ...

Washington, DC: The World Bank Group (WBG) and the International Monetary Fund (IMF) are deepening their cooperation through an enhanced framework to help countries scale up action to confront the ...

The World Bank has approved a $146 million grant to help Syria restore reliable, affordable electricity and support the country's economic recovery, it said in a statement on Wednesday.