When it comes to the gross domestic product—a measure of goods and services made within a country during a specific period—World Bank economists said it will grow at an annual rate of 1.4% ...

Ajay Banga, pictured here at the 2024 annual meeting, said the goal was to help deliver electricity as a driver of development (Image: Screengrab World Bank video) The change was made at the World ...

Trump’s trade war won’t just cripple domestic markets—it will slow global gross domestic product growth to its lowest point in 17 years. The World Bank’s Global Economic Prospects report ...

India's extreme poverty rate fell from 27.1% in 2012 to 5.3% in 2022, lifting 269 million out of poverty. In contrast, Pakistan's extreme poverty rose from 4.9% in 2017 to 16.5% in 2021, with ...

The World Bank has approved a $1.5 billion (R26 billion) loan to support structural reforms aimed at boosting South Africa’s infrastructure. The Washington-based lender said in a statement the ...

The World Bank forecasts a significant decline in global commodity prices, predicting a 12% drop in 2025 and another 5% in 2026, bringing them back to pre-pandemic levels.

Trump administration says IMF, World Bank ‘falling short’ of missions Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank ...

The bank’s climate work is occurring as several of the Trump administration’s allies want the U.S. to exit the World Bank entirely, arguing that its mission runs counter to American national ...

The World Bank is under fire over allegations of impropriety in financing the Rogun Dam project in Tajikistan. Specifically, bank officials are facing accusations that they failed to comply with ...

World Bank bureaucrats who jetted to the United Nations' annual global warming conference spewed CO2 emissions equal to what's produced by 200 US households in a year -- sparking accusations of ...

A version of this article appears in print on Feb. 26, 2025, Section A, Page 10 of the New York edition with the headline: World Bank’s Pivot to Climate May Cause Friction With Trump Policies.

Project 2025’s call for the U.S. to withdraw from the World Bank would be a strategic mistake, as it would allow America’s competitors to gain a historic victory. The World Bank needs u… ...