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

MANILA, Philippines — The Philippines has attained upper-middle-income status, the World Bank said on Wednesday, marking a ...

The financing will help Kenya fund a $37 billion budget, a third of which is allocated to servicing the country’s nearly $100 ...

By David Lawder WASHINGTON, July 1 (Reuters) - The World Bank board of directors on Thursday approved $265 million in ...

World Bank abandons climate finance targets after U.S. criticism, potentially impacting projects in developing countries like ...

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

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

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

The internal watchdog of the International Finance Corp. found that the lenders pressured borrowers to keep paying back loans ...

The Philippines has officially entered the World Bank’s upper middle income country (UMIC) category after nearly four decades ...

The World Bank upgrade marks a long-sought economic milestone for the Philippines, but high prices, underemployment, and ...

The World Bank says that the war is slashing global growth prospects and that a prolonged conflict could tip dozens of developing nations into years of stagnation.