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 ...

The world’s most desperate countries are falling further and further behind, their plight worsened by conflicts that are ...

The World Bank recorded a net loss of $3.573 billion for the fiscal year ended June 30, 2024, an adjusted net income of $780 million, and a deployable strategic capital (DSC) ratio of 34.8%, which ...

Up until two years ago, Ajay Banga had spent most of his career in the private sector – as a banker at Citigroup and latterly as the CEO of Mastercard . Now the World Bank president finds ...

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, ...