Both countries must now escape the middle income trap that has stalled several of their Southeast Asian peers.

The World Bank approved a long-awaited $750 million loan to Kenya in support of reforms aimed at enhancing good governance ...

Sri Lanka's promotion is part of a broader reshuffle in the World Bank's latest income classifications, which took effect on ...

By David Lawder WASHINGTON, June 29 (Reuters) - The World Bank Group said on Monday it will "retire" its previous goal to ...

By Andrea Shalal WASHINGTON, June 30 (Reuters) - The World Bank will phase out its lending to China by 2031 after years of ...

The World Bank decided to remove quantitative targets for incorporating climate objectives into its financing, months after ...

According to the World Bank's annual update, released on 1 July, Sri Lanka, Vietnam, the Philippines, Jordan and Micronesia ...

By Vincent Ujumadu  The World Bank has confirmed that Anambra State did not express interest to participate in its 2024 ...

The organization is scrapping a target to commit 45% of its annual financing to projects with climate co-benefits amid ...

The World Bank Group said on Thursday it is in contact with Venezuelan authorities and assessing how best to support the ...

The World Bank has confirmed that Anambra State did not express interest in participating in its 2024 HOPE-Governance ...