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          World Bank

          News from the global financial institution that provides loans and grants to developing countries, aiming to reduce poverty and foster economic development

          Palestinian students in Gaza City. While Palestinian children can expect to complete 12.2 years of schooling, they are only learning the equivalent of eight years, says World Bank. Reuters

          World Bank approves $20m to boost Palestinian education sector

          BusinessMarch 28, 2022
          World Bank said trust in using digital payments can be boosted by introducing e-government mechanisms. Alamy

          Mena economies can add up to $1.6tn over 30 years by fully digitalising

          BusinessMarch 17, 2022
          The International Monetary Fund says the Ukrainian economy may eventually contract by 25 per cent to 35 per cent. AFP

          Ukraine faces deep recession and funding gap as conflict with Russia escalates

          EconomyMarch 15, 2022
          Lebanese Energy Minister Walid Fayad (C) speaks to the press in Beirut after signing an agreement between Lebanon and Jordan to supply electricity. EPA

          Lebanon: audit of collapsing state power company paves way for regional power deal

          MENAMarch 07, 2022
          Displaced Afghans waits to receive aid in Afghanistan's capital Kabul. A World Bank plan to spend $1 billion of frozen funding on aid will help ease the country's worsening crises. Reuters

          Frozen $1 billion of Afghanistan funding will be spent on aid, World Bank says

          WorldMarch 02, 2022
          Although women represent 39 per cent of global employment, they have accounted for 54 per cent of overall job losses during the pandemic, according to one survey. Photo: Getty

          World Bank: 2.4 billion women lack the same economic rights as men

          EconomyMarch 01, 2022
          A displaced Afghan woman holds her child as she waits with other women to receive aid supply outside a UNCHR distribution centre in Kabul, Afghanistan. Reuters

          World Bank planning to funnel $1bn towards helping Afghans

          AsiaFebruary 19, 2022
          A pedestrian walks past the IMF headquarters in Washington. AFP

          World Bank and IMF to hold spring meetings from April 18-24

          EconomyFebruary 17, 2022
          Activists from anti-poverty organisation the ONE Campaign call for the sharing of coronavirus vaccines with developing countries, in Parliament Square in London. EPA

          'Transparency needed on debt' to cut developing nations' financial risk, World Bank says

          EconomyFebruary 15, 2022
          Families living in extreme poverty in Copperbelt Province, Zambia. Chad, Zambia and Ethiopia are the only nations among about 70 eligible ones that applied for the G20's Common Framework. Alamy

          Poor countries face $35bn in payments this year

          EconomyFebruary 04, 2022
          The World Bank headquarters in Washington. AFP

          World Bank and IMF move this year’s meeting from Morocco to Washington

          EconomyJanuary 31, 2022
          Ziauddin Yousafzai, whose daughter Malala was shot on a school bus in Pakistan, said his family and people had been through 'Talibanisation' and knew what that meant. Reem Mohammed / The National

          Malala Fund questions Taliban pledge for girls' education

          UKJanuary 24, 2022
          Global growth is expected to decelerate to 4.1 per cent in 2022 and 3.2 per cent in 2023 from 5.5 per cent in 2021, according to the World Bank. AP

          Global economic growth to slow through to 2023, says World Bank

          EconomyJanuary 11, 2022

          Covid-19 school closures to cost $17tn to this generation of children

          EconomyDecember 09, 2021
          Former Palestinian president Yasser Arafat, left, former World Bank President James Wolfensohn, centre, and former Israeli prime minister Shimon Peres, right, join hands after signing documents to launch a new fund to put money to work in the West Bank and Gaza and help revive the tattered Middle East peace process.

          Gaza reconstruction: vision of former World Bank chief remains unrealised

          MENANovember 26, 2021
          Shanghai. China’s share of total global wealth rose to to 21 per cent in 2018, from 7 per cent in 1995, the World Bank said. Daniele Mattioli for The National

          Global wealth pool grows but at expense of poor countries, World Bank says

          MoneyOctober 27, 2021
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