Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation by ...

Authorities in Guiyang have applied for $250 million in funding for the development Xinhua News Agency via Getty Images Former Commerce Secretary Wilbur Ross said Elon Musk’s Department of Government ...

WASHINGTON, D.C., March 13, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD 6 billion benchmark bond that matures in March 2030. The ...

This week, world leaders and central bankers will convene in Washington, D.C., for the annual spring meetings of the International Monetary Fund and the World Bank. Both the chaos coursing through the ...

WASHINGTON, September 7, 2023—Kristalina Georgieva, Managing Director of the International Monetary Fund, and Ajay Banga, President of the World Bank, today issued a joint statement: “The world ...

The World Bank, the world’s largest international development organization, has long faced criticism for a host of perceived shortcomings, including imposing coercive conditions on its loans to ...

Created in the aftermath of World War II, the World Bank and the International Monetary Fund (IMF)—referred to here as the Bretton Woods institutions—have played an important role in the international ...

Project 2025’s call for U.S. withdrawal from the World Bank threatens to hand America’s competitors a historic victory. While the blueprint correctly diagnoses the bank’s inefficiencies, its ...

As the world faced a host of intertwined challenges – from climate change, pandemics, fragility, geo-political tensions, to debt distress – the World Bank Group changed to become a better and bigger ...

Learn how international competitive bidding ensures fair competition for World Bank projects and how borrowers can secure funding with this transparent process.

A new World Bank report has revealed that Malawi is facing one of the worst economic crises in its history, driven by rising debt, wasteful spending, and poor investment in people and development.The ...