WASHINGTON, January 9, 2025—The World Bank’s Board of Executive Directors on January 8 approved changes to the structure of the World Bank’s Accountability Mechanism (AM).These changes are aimed at ...

World Bank Group President Ajay Banga on Tuesday said proposed new contributions from wealthy countries combined with balance sheet changes could boost the bank's lending capacity by $100 billion ...

Ghana, for instance, has urged the World Bank to change its nuclear policy because it wants to build its own reactors without having to throw its lot into one geopolitical corner. It has been ...

The World Bank voted on Tuesday to change its internal lending guidelines, freeing up $30 billion in additional lending capacity over the next decade to help developing countries and emerging ...

According to the Bank’s published salary structure, “professionals” and “senior professionals” -- who compose the majority of the staff -- make $101,806 and $139,957 respectively, on ...

The World Bank is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to supporting efforts to extend the life of existing reactors and accelerate the ...

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 ...

The World Bank’s Treasury currently finds the readiest market for its bonds in the 5-to-10-year maturities. It does issue at longer tenors, ... Such a funding structure, ...

The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast. It also called for all nations to reduce tariffs.

World Bank officials — under fire for losing track of $24 billion in climate funds — are panicking over the prospect of severe budget cuts as President-elect Donald Trump pledges to slash US ...

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 ...

Power in the Gaza Strip and the West Bank, the so-called Palestinian territories, has been divided among three entities: a governing body called the Palestinian Authority, the militant group Hamas ...