This will help expand and modernise the country’s energy capacity. The World Bank’s Board of Executive Directors has allocated $101m for the First Sustainable and Inclusive Growth Development Policy ...

World Bank Group President Ajay Banga and International Atomic Energy Agency Director General Rafael Mariano Grossi outlined the thinking behind the change in policy at a joint event in Paris. Hear ...

India will oppose a proposed $20 billion World Bank funding package for Pakistan next month, as the country continues to expose Islamabad’s alarming track record of diverting global financial ...

Senior figures at the World Bank have said it should consider changing its lending policy to include nuclear energy projects. (Image: World Bank) Ahead of the organisation's recent Spring meetings, ...

The erratic approach of the United States administration continues to defy common sense and challenge economic logic. Yet the reaffirmation of support for the International Monetary Fund (IMF) and the ...

The UK is cutting its £1.98 billion ($2.7 billion) pledge to an arm of the World Bank by 10% and reducing aid to some countries to help cover the cost of increased military spending. Prime Minister ...

Nepal is negotiating $155 million in loans and grants from the World Bank for the Nepal Clean Air and Prosperity Project to reduce industrial emissions, strengthen pollution control and build ...

President William Ruto will rally African Presidents on Monday to champion for reform of the international financial system to allow countries like Kenya vulnerable to climate calamities and global ...